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SYT » Topics » 2003 compared to 2002

This excerpt taken from the SYT 20-F filed Mar 16, 2005.

2003 compared to 2002

In 2003, cash flow used for financing activities increased to US$630 million from US$602 million in 2002. Dividends paid in 2003 of US$65 million increased from US$48 million in 2002. The net change in cash and cash equivalents was an outflow of US$26 million compared to US$56 million in 2002. Cash flow from operating activities was primarily used to repay financial debt in both 2003 and 2002.

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