| Temasek Review 2011
Group Cash Flow Statements
In S$ million
| For year ended 31 Mar | 2004 | 2005 | 2006 | 2007 | 2008 | 2009 | 2010 | 2011 |
|---|---|---|---|---|---|---|---|---|
| Operating cash flow before working capital changes | 13,936 | 16,854 | 18,661 | 17,557 | 21,213 | 14,072 | 16,428 | 20,177 |
| Change in working capital | (2,535) | (4,353) | 2,577 | 2,508 | (287) | 1,484 | (4,155) | (2,902) |
| Cash generated from operations | 11,401 | 12,501 | 21,238 | 20,065 | 20,926 | 15,556 | 12,273 | 17,275 |
| Income tax paid | (1,151) | (1,480) | (1,558) | (1,592) | (1,942) | (1,826) | (1,260) | (1,250) |
| Net cash inflow from operating activities |
10,250 | 11,021 | 19,680 | 18,473 | 18,984 | 13,730 | 11,013 | 16,025 |
| Net cash (outflow)/inflow from investing activities |
(7,701) | (4,765) | (16,509) | (23,344) | (30,431) | 95 | (5,285) | (4,888) |
| Net cash inflow/(outflow) from financing activities |
6,770 | (4,793) | (238) | 2,259 | 13,277 | (6,398) | (196) | (1,697) |
| Net increase/(decrease) in cash and cash equivalents held | 9,319 | 1,463 | 2,933 | (2,612) | 1,830 | 7,427 | 5,532 | 9,440 |