This excerpt taken from the MTA 20-F filed Jun 17, 2008.
(b) Reclassifications in the Cashflow statement
From 2007, the Group has changed the classification of certain items in the Cashflow statement. The classification in the 2005 and 2006 Cashflow statements have been amended to provide comparable information with the 2007 disclosure. The changes affected the following lines:
IAS 7Cash Flow Statements allows the disclosure of these items in both the operating and the investing section. The Group decided to change its past practice as we believe that proceeds from interest and dividend are closely related to the income generated by the Group, which the operating cashflow mostly reflects. We believe that it also helps the users of the financial statements to determine the ability of the Group to pay dividends out of operating cashflows. On the other hand, investments in finance leases
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS (Continued)
2 SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Continued)
closely related to the telecommunications operations of the Group, are more similar to regular investments in PPE that are disclosed in the investing section of Cashflow statement than regular receivables that are part of working capital.
The table below shows the amounts that were reclassified between the operating and the investing cashflows in prior years.