Investor Presentaiton
MORGAN STANLEY BANK ASIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 December 2020
22.
ADDITIONAL CASH FLOW INFORMATION
a.
Cash and cash equivalents
For the purposes of the statement of cash flows, cash and cash equivalents comprise the following
balances, which have less than three months maturity from the date of acquisition:
Cash with central bank
Cash at banks
Placements with banks
b. Reconciliation of cash flows from operating activities
2020
US$'000
2019
US$'000
593,805
8,037
342,900
435,861
320,000
190,000
1,256,705
633,898
2020
US$'000
2019
US$'000
Profit for the year
131,647
84,458
Adjustments for:
Net gains on derecognition of financial assets measured at
FVOCI
(6)
Interest income
(59,647)
(105,120)
Interest expense
16,949
20,241
Income tax
24,403
15,568
Operating cash flows before changes in operating assets and
liabilities
113,352
15,141
Changes in operating assets
Increase in secured financing
(220,214)
(361,994)
Increase in loans and advances
(667,877)
(1,172,024)
Increase in trade and other receivables
(28,402)
(78,916)
(Increase)/decrease in trading financial assets
(1,268)
Increase in prepayments
(251)
(918,012)
528
(711)
(1,613,117)
Changes in operating liabilities
Increase in deposits
3,142,275
635,745
Increase/(decrease) in trade and other payables
31,010
(9,664)
Increase in trading financial liabilities
7,720
388
Increase in accruals
1,426
201
3,182,431
626,670
Interest received
53,756
103,838
Interest paid
(22,032)
(18,806)
Net income tax paid
(31,520)
(3,106)
Effect of foreign exchange movements
(13,063)
(3,587)
Net cash flows from/(used in) operating activities
2,364,912
(892,967)
34
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