for the year ended 31 March 2008
(Expressed in thousands of Hong Kong dollars)

	Note	2008			2007
Cash flows from operating activities
Profit from operations		176,927			108,968
Depreciation and amortisation		44,922			46,046
Increase in deferred revenue		8,104			1,280
Increase/(Decrease) in creditors and amounts due to related parties		6,607			(17,490	)
Increase in provision for employee benefits		8,087			637
Increase/(Decrease) in customers' deposits		1,503			(29	)
Increase in debtors and amounts due from related parties		(1,646	)		(352	)
Profits tax paid		(24,166	)		(24,671	)
Net cash from operating activities		220,338			114,389
Cash flows from investing activities
Increase in placements with banks (other than cash equivalents)		(32,000	)		(451,000	)
Purchase of fixed assets		(23,074	)		(15,292	)
Interest received		32,949			21,473
Net cash used in investing activities		(22,125	)		(444,819	)
Cash flows from financing activities
Dividend paid		(58,756	)		(69,752	)
Net cash used in financing activities		(58,756	)		(69,752	)
Net increase/(decrease) in cash and cash equivalents		139,457			(400,182	)
Cash and cash equivalents at beginning of year		62,454			462,636
Cash and cash equivalents at end of year	17	201,911			62,454