| |
| |
Consolidated |
Consolidated |
| |
2001 |
2000 |
| |
$000 |
$000 |
|
| Cash Flows from Operating Activities |
| Interest and bill discounts received |
1,017,413 |
825,409 |
| Interest and other costs of finance (paid) |
(790,258) |
(633,441) |
| Dividends and trust income received |
71,432 |
151,543 |
| Fees, royalties and commissions received |
956,544 |
717,400 |
| Fees and commissions (paid) |
(132,184) |
(134,260) |
Net (payments and proceeds) from dealing in financial
instruments and commodities |
(1,518,219) |
(487,855) |
| Customer loans (granted)/repaid |
(1,111,478) |
750,162 |
| Recovery of loans previously written off |
327 |
1,621 |
| Leases repaid/(granted) |
34,857 |
(28,571) |
Net increase/(decrease) in money market and other
deposit accounts |
2,525,856 |
(565,785) |
| Employment expenses (paid) |
(727,237) |
(531,752) |
Net receipts/(payments) from debtors and creditors
(inclusive of goods and services tax) |
24,950 |
(172,837) |
| Income taxes (paid) |
(141,305) |
(97,784) |
| Premiums received by Life Company |
1,738,731 |
1,919,741 |
| (Policy payments) by Life Company |
(2,118,384) |
(2,239,578) |
|
| Net Cash Flows from Operating Activities |
(168,955) |
(525,987) |
|
| Cash Flows from Investing Activities |
Payment for acquisition of business, net of cash
acquired |
|
(59,872) |
| Payment for acquisition of controlled entities |
|
(17,536) |
| Proceeds on sale of controlled entities |
81,577 |
|
| Payments for investments by Life Company |
(7,348,977) |
(6,137,440) |
Proceeds from realisation of investments by Life
Company |
7,619,273 |
6,362,474 |
| Payments for fixed assets |
(66,636) |
(116,269) |
| Proceeds on sale of fixed assets |
5,012 |
30,145 |
|
| Net Cash Flows from Investing Activities |
290,249 |
61,502 |
|
| Cash Flows from Financing Activities |
| Borrowings advanced to Life Company |
|
10,202 |
Transfer of profits to shareholders equity by Life
Company |
|
11,500 |
| Proceeds from the issue of ordinary share capital |
59,665 |
127,090 |
| On-market buyback of ordinary share capital |
(36,000) |
|
| Proceeds from issue of Converting Preference Shares |
|
150,000 |
| Proceeds from issue of Macquarie Income Securities |
|
400,000 |
| Repayment of subordinated debt |
(85,000) |
|
Transaction costs from issue of debt and equity
securities |
|
(15,329) |
| Dividends and distributions paid |
(203,242) |
(130,115) |
|
| Net Cash Flows from Financing Activities |
(264,577) |
553,348 |
|
| Net Increase/(Decrease) in Cash Held |
(143,283) |
88,863 |
| Cash at the beginning of the financial year |
321,500 |
232,637 |
|
| Cash at the end of the Financial Year |
178,217 |
321,500 |
|
|
|
Investor
information