Annual Report 2017
Your Partner for Growth
Financial Statements
Statement of Cash Flows
For the year ended 31 December 2018
- CASH FLOWS FROM OPERATING ACTIVITIES
- Profit for the year
- Adjustments for:
- Depreciation
- Amortization
- Credit losses (reversal)/expense
- Net interest income
- Income tax expense
- Changes in operating assets and liabilities
- Receivable from financial institutions
- Required reserve maintained with DAB
- Cash margin held with other banks
- Loans and advances to customers – net
- Other assets
- Deferred income on commercial letter of credit and guarantees
- Customers’ deposits
- Deposits from banks
- Other liabilities
- Interest received
- Interest paid
- Income tax paid
- Net cash (used in)/from operating activities
- CASH FLOWS FROM INVESTING ACTIVITIES
- Capital work-in-progress
- Acquisition of operating fixed assets
- Acquisition of intangible assets
- Placements (with maturity more than
three months) - Investments
- Net cash (used in)/from investing activities
- CASH FLOWS FROM FINANCING ACTIVITIES
- Dividend paid
- Net cash used in financing activities
- Net increase in cash and cash equivalents
- Cash and cash equivalents at 01 January
- Cash and cash equivalents at 31 December
Chief Executive Officer
Chief Financial Officer
Chairman
The annexed notes 1 to 34 form an integral part of these financial statements.