SUMMARY CONSOLIDATED FINANCIAL STATEMENTS 107


SUMMARY CONSOLIDATED FINANCIAL STATEMENTS PREPARED FROM THE AUDITED CONSOLIDATED FINANCIAL STATEMENTS OF THE INTERNATIONAL CRICKET COUNCILANDITS SUBSIDIARIES FOR THE YEAR ENDED 31 DECEMBER 2018


SUMMARY CONSOLIDATED STATEMENT OF CASH FLOWS


Net (deficit)/surplus before tax


Non-cash adjustments to reconcile surplus to net cash flows Working capital adjustments


Payments for employees’ end of service benefits, income tax and others


Net cash flows from operating activities Net cash flows from investing activities Net cash flows used in financing activities


(Decrease)/increase in cash and cash equivalents Cash and cash equivalents at 1 January


CASH AND CASH EQUIVALENTS AT 31 DECEMBER 2018


USD’000 (46,402)


5,418


76,230 (97)


35,149 1,195


(107,345) (71,001)


54,494 (16,507)


For the purpose of the consolidated statement of cash flows, cash and cash equivalents comprise the following amounts: 2018


Cash and demand deposits Restricted deposits Bank overdraft


Cash and cash equivalents


USD’000 14,528


(1,117)


(29,918) (16,507)


2017


USD’000 61,401


(1,997) (4,910)


54,494


Restricted deposits relate to the demand deposits placed with a financial institution as a lien against the limits availed by the Group for corporate credit cards.


Significant non-cash transactions excluded from the summary consolidated statement of cash flows: 2018 USD’000 Payments made in 2016 for test cricket fund transferred as advance to full members 12,950 2017 USD’000 - 2017


USD’000 200,852


(966)


(84,763) (2,886)


112,237 5,146


(104,745) 12,638


41,856 54,494


The attached notes 1 to 4 form part of these summary consolidated financial statements. ICC Annual Report 2018-2019


Page 1  |  Page 2  |  Page 3  |  Page 4  |  Page 5  |  Page 6  |  Page 7  |  Page 8  |  Page 9  |  Page 10  |  Page 11  |  Page 12  |  Page 13  |  Page 14  |  Page 15  |  Page 16  |  Page 17  |  Page 18  |  Page 19  |  Page 20  |  Page 21  |  Page 22  |  Page 23  |  Page 24  |  Page 25  |  Page 26  |  Page 27  |  Page 28  |  Page 29  |  Page 30  |  Page 31  |  Page 32  |  Page 33  |  Page 34  |  Page 35  |  Page 36  |  Page 37  |  Page 38  |  Page 39  |  Page 40  |  Page 41  |  Page 42  |  Page 43  |  Page 44  |  Page 45  |  Page 46  |  Page 47  |  Page 48  |  Page 49  |  Page 50  |  Page 51  |  Page 52  |  Page 53  |  Page 54  |  Page 55  |  Page 56  |  Page 57  |  Page 58  |  Page 59  |  Page 60  |  Page 61  |  Page 62  |  Page 63  |  Page 64  |  Page 65  |  Page 66  |  Page 67  |  Page 68  |  Page 69  |  Page 70  |  Page 71  |  Page 72  |  Page 73  |  Page 74  |  Page 75  |  Page 76  |  Page 77  |  Page 78  |  Page 79  |  Page 80  |  Page 81  |  Page 82  |  Page 83  |  Page 84  |  Page 85  |  Page 86  |  Page 87  |  Page 88  |  Page 89  |  Page 90  |  Page 91  |  Page 92  |  Page 93  |  Page 94  |  Page 95  |  Page 96  |  Page 97  |  Page 98  |  Page 99  |  Page 100  |  Page 101  |  Page 102  |  Page 103  |  Page 104  |  Page 105  |  Page 106  |  Page 107  |  Page 108  |  Page 109  |  Page 110  |  Page 111  |  Page 112