Financial Information

Consolidated Cash Flow Statement

	2009 US$'000	2008 US$'000
Cash Flows from operating activities
(Loss)/profit for the year	(30,352)	345
Adjustment for:
Foreign exchange movement	2,910	(5,472)
Share based payments	796	-
Finance income	(202)	(1,302)
Finance costs	15,533	-
Depreciation	12,871	-
Increase in provision	739	1,674
Operating cash flow	2,295	(4,755)
(Increase)/decrease in inventories	(13,749)	408
(Increase)/decrease in trade and other receivables	(700)	1,809
(Increase)/decrease in trade and other payables	5,898	(4,414)
Cash used by operations	(6,256)	(25,371)

Interest received	202	1,302
Interest paid	(11,866)	(13,739)
Net cash used in operating activities	(17,920)	(19,389)

Cash flows from investing activities
Additions to property, plant & equipment	(40,197)	(39,050)
Net cash used in investing activities	(40,197)	(39,050)

Cash flows from financing activities
Proceeds on the issue of shares	19,582	28,269
Repayment of borrowings	(336)	(20,335)
Increase in borrowings	15,890	29,316
(Decrease)/increase in obligations under finance leases	(286)	50
Net cash from financing activities	34,850	37,300

Net decrease in cash and cash equivalents	(23,267)	(21,139)

Cash and cash equivalents at beginning of the year	40,536	56,203
Effect of exchange rate changes on cash and cash equivalents	139	5,472
Cash and cash equivalents at the end of the year	17,408	40,536