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## Cash Flows from Operating Activities 

Higher cash inflow from operations of $86.1 million (2000: $38.8 million) was mainly due to the following: 

<img src='content_image/112240.jpg'>

## Cash Flows from Investing Activities 

The significant items in the cash outflow from investing activities of $70.8 million (2000: $56.7 million) were: 

<img src='content_image/112241.jpg'>

## Cash Flows from Financing Activities 

Net cash outflow from financing activities was $25.5 million (2000: Inflow $30.6 million). The main reasons for the decrease were payments for an on-market buy back of ordinary shares of $10.5 million, payment of $37.6 million for Class B shares and an increase in dividends paid of $13.6 million. These were partially offset by increased net proceeds from interest bearing liabilities of $5.2 million. 

