Republic Bank Limited
74
4
Financial
Notes
2015
2014
Financing activities
Increase/(decrease) in balances due to other banks
325,700
(3,392)
Repayment of debt securities
(12,510)
(162,256)
Proceeds from share issue
16
27,374
46,789
Shares purchased for profit sharing scheme
17
(67,410)
(71,050)
Allocation of shares to profit sharing plan
17
49,195
52,185
Dividends paid to shareholders of the parent
28
(
687,597)
(685,251)
Dividends paid to non-controlling shareholders of the subsidiaries
(35,431)
(15,589)
Cash used in financing activities
(400,679)
(838,564)
Net decrease in cash and cash equivalents
(291,421)
(693,426)
Net foreign exchange difference
(7,140)
24,460
Cash and cash equivalents at beginning of year
13,790,677
14,459,643
Cash and cash equivalents at end of year
13,492,116
13,790,677
Cash and cash equivalents at end of year are
represented by:
Cash on hand
930,485
565,225
Due from banks
7,542,995
8,345,146
Treasury Bills - original maturities of three months or less
4,685,164
4,631,493
Bankers’ acceptances - original maturities of three
months or less
333,472
248,813
13,492,116
13,790,677
Supplemental information:
Interest received during the year
2,742,574
2,560,429
Interest paid during the year
(297,696)
(314,469)
Dividends received
18 (c)
442
681
The accompanying notes form an integral part of these consolidated financial statements.
For the year ended September 30, 2015. Expressed in thousands of Trinidad and Tobago dollars ($’000)
ConsolidatedStatement of CashFlows
(continued)
