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Notes to the Consolidated Financial Statements

31st March 2015

30 DISCONTINUED OPERATION (continued)

(c) Analysis of the cash flows of discontinued operation is as follows:

2014
HK$’000
Net cash inflow from operating activities 43,496
Net cash inflow from investing activities 5,437
Net cash outflow from financing activities (50,100)
Net cash outflow from discontinued operation (1,167)

(d) Disposal of a subsidiary

28th February
2014
HK$’000

Net assets disposed of
Property, plant and equipment 7,550
Deferred income tax assets 1,563
Trade and other current assets 4,148
Inventories 1,331
Cash and cash equivalents 72
Trade and other payables (11,387)

3,277

Consideration 3,000

Loss on disposal (277)

Analysis of net cash flow in respect of the disposal of a subsidiary is as follows:

Cash consideration received 3,000
Cash and cash balances disposed of (72)

Total cash inflow from disposal 2,928

90 ALCO HOLDINGS LIMITED ANNUAL REPORT 2015