Annual Report 2014
23
Note
2014
2013
$’000
$’000
Restated
Cash flows from financing activities
Proceeds from bonus warrants exercised
7,054
–
Proceeds from issue of convertible bonds
6,300
–
Bonus warrants issue expenses
(110)
–
Convertible bonds issue expenses
(6)
–
Dividends paid
(11,716)
(22,494)
Net cash from/(used in) financing activities
1,522
(22,494)
Net (decrease)/increase in cash and cash equivalents
(29,149)
25,900
Cash and cash equivalents at 1 January
60,659
34,759
Effect of exchange rate fluctuations on cash held
264
–
Cash and cash equivalents at 31 December
4
31,774
60,659
The accompanying notes form an integral part of these financial statements.