Reviewed Condensed Consolidated Interim Financial Statements
for the six months ended 31 March 2014

Condensed consolidated statement of cash flows

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      Six months ended 31 March  
  Note   2014
US$’000
  2013
US$’000
 
Cash flows from operating activities            
Loss for the period     (28,238)   (16,626)  
Adjustments for:            
Impairment loss on property, plant and equipment 7(b)   -   835  
Allowance for credit losses on trade and other receivables 16(a)   -   245  
Amounts written off directly in profit or loss 16(a)   -   58  
Impairment of goodwill     36   -  
Depreciation     5,448   7,077  
Impairment loss on inventory 11   1,729   -  
Changes in fair value of financial assets at fair value through profit or loss     1,018   24  
Changes in fair value of financial liabilities at fair value through profit or loss     30,635   20,920  
Interest income     (207)   (358)  
Interest expense     7,214   7,153  
Income tax     (2,911)   (5,478)  
      14,724   13,850  
Changes in:            
   Inventories     4,185   (73)  
   Trade and other receivables     6,020   (34,692)  
   Trade and other payables     4,402   (5,372)  
   Provisions     (32)   (6,175)  
Cash from/(used in) operations     29,299   (32,462)  
Income tax paid     (489)   (123)  
Net cash from/(used in) operating activities     28,810   (32,585)  
             
Cash flows from investing activities            
Interest received     207   254  
Additions to long term deposits     (8,159)   -  
Additions to property, plant and equipment 7(a)   (10,189)   (17,226)  
Additions and disposals of investments     (557)   (199)  
Net cash used in investing activities     (18,698)   (17,171)  
             
Cash flows from financing activities            
(Repayments)/proceeds of bank and other credit facilities     (5,825)   21,171  
Repayment of borrowings     (15,288)   -  
Interest paid     (175)   (123)  
Net cash (used in)/from financing activities     (21,288)   21,048  
             
Net decrease in cash and cash equivalents     (11,176)   (28,708)  
Cash and cash equivalents at the beginning of the period     28,017   52,805  
Effect of exchange rate fluctuations on cash held     (2,748)   (344)  
Cash and cash equivalents at the end of the period     14,093   23,753  

The notes on pages 13 to 24 form part of the condensed consolidated interim financial statements.