Annual Report 2019

CONSOLIDATED STATEMENT OF CASH FLOWS 綜合現金流量表 FOR THE YEAR ENDED 31ST DECEMBER, 2019 截至二零一九年十二月三十一日止年度 HOP FUNG GROUP HOLDINGS LIMITED 合豐集團控股有限公司 76 2019 2018 二零一九年 二零一八年 HK$’000 HK$’000 千港元 千港元 Operating activities 經營活動 (Loss) profit before taxation 稅前（虧損）利潤 (20,718) 41,718 Adjustments for: 經作出以下調整： Finance costs 財務成本 6,189 4,832 Allowance for inventories 存貨撥備 — 1,413 Impairment loss on trade receivables 貿易應收款項減值虧損 551 — Depreciation of property, plant and equipment 物業、廠房及設備折舊 86,379 86,594 Depreciation of right-of-use assets 使用權資產折舊 8,507 — Release of prepaid lease payments on land use rights 撥回土地使用權預付租賃 款項 — 574 Interest income 利息收入 (2,226) (1,992) (Gain) loss on disposal of property, plant and equipment 出售物業、廠房及設備 （收益）虧損 (108) 1,307 Share-based payment expense 以股份支付之支出 4,697 2,392 Operating cash flows before movements in working capital 流動資金變動前營運現金流量 83,271 136,838 Decrease (increase) in inventories 存貨減少（增加） 164,713 (113,580) Decrease (increase) in trade and other receivables 貿易及其他應收款項減少 （增加） 5,289 (3,442) Decrease (increase) in deposits and prepayments 按金及預付款減少（增加） 2,674 (1,404) (Decrease) increase in trade, bills and other payables 貿易、票據及其他應付款項 （減少）增加 (48,313) 4,936 Cash generated from operations 營運產生之現金 207,634 23,348 Income tax paid 已繳付所得稅 (1,784) (2,869) Income tax refunded 退回所得稅 — 35 Net cash from operating activities 經營活動產生之現金淨額 205,850 20,514 Investing activities 投資活動 Deposits paid for the acquisition of property, plant and equipment 收購物業、廠房及設備已付 按金 (63,790) — Purchases of property, plant and equipment 收購物業、廠房及設備 (60,456) (146,563) Interest received 已收利息 2,226 1,992 Proceeds from disposal of property, plant and equipment 出售物業、廠房及設備所得 款項 158 1,070 Net cash used in investing activities 投資活動使用之現金淨額 (121,862) (143,501)