CONSOLIDATED CASHFLOW STATEMENT

 

6 months 6 months
  ended ended
  30 Jun 30 Jun
US$000 2007 2006
Profit before income tax 26 259 39 908
Adjustment for non-cash items 15 620 16 699
Effects of changes in operating working capital items (7 577) (8 996)
Income tax paid (6 072) (3 664)
Net cash generated from operating activities 28 230 43 947
Additions to property, plant and equipment (26 534) (35 716)
Financing of contractors - 105
Net cash used by investing activities (26 534) (35 611)
Ordinary shares issued 840 751
Decrease in long-term loans (1 705) (10 008)
Dividends paid to company's shareholders (6 874) -
Net cash used by financing activities (7 739) (9 257)
Net decrease in cash and cash equivalents (6 043) (921)
Cash and cash equivalents at beginning of year 143 356 152 452
Cash and cash equivalents at end of year 137 313 151 531