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53
AEMULUS HOLDINGS BERHAD
TA R G E T I N G T H E B U L L’ S E Y E
STATEMENTS OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2016
GROUP
COMPANY
(Restated)
1.10.15
to 30.9.16
17.10.14
to 30.9.15
1.10.15
to 30.9.16
17.10.14
to 30.9.15
RM
RM
RM
RM
CASH FLOWS FROM OPERATING ACTIVITIES
(Loss)/Profit before taxation
(2,654,260)
9,101,751
109,055
(1,194,105)
Adjustments for:
Allowance for obsolete inventories
1,589,327
–
–
–
Depreciation
795,532
501,903
–
–
Government grant
–
(1,091,387)
–
–
Interest expense
7,253
75,564
–
–
Interest income
(393,493)
(111,829)
(298,614)
(28,701)
Listing expenses
45,764
1,149,244
45,764
997,941
Loss on disposal of Property,
plant and equipment
–
2,626
–
–
Property, plant and equipment written off
1,489
85,981
–
–
Provision for warranty
(74,170)
77,034
–
–
Unrealised gain on foreign exchange
(507,567)
(90,071)
–
–
Operating (loss)/profit before
working capital changes
(1,190,125)
9,700,816
(143,795)
(224,865)
Increase in inventories
(917,711)
(4,279,344)
–
–
(Increase)/Decrease in receivables
(1,512,642)
1,056,389
4,300
(5,300)
(Decrease)/Increase in payables
(4,324,901)
1,658,728
(377,063)
576,417
Cash (used in)/ generated from operations
(7,945,379)
8,136,589
(516,558)
346,252
Income tax paid
(101,280)
(19,304)
(68,750)
–
Income tax refund
–
3,296
–
–
Interest paid
(7,253)
(11,849)
–
–
Net cash (used in)/from operating activities
(8,053,912)
8,108,732
(585,308)
346,252
CASH FLOWS FROM INVESTING ACTIVITIES
Interest received
393,493
111,829
298,614
13,874
Purchase of property, plant and equipment
(1,529,848)
(1,999,174)
–
–
Placement of fixed deposits
(36,314)
(1,060,316)
–
–
Net change in subsidiary company’s balance
–
–
15,345,239
(23,351,278)
Net cash (used in)/from investing activities
(1,172,669)
(2,947,661)
15,643,853
(23,337,404)
Balance carried forward
(9,226,581)
5,161,071
15,058,545
(22,991,152)
The notes set out on pages 55 to 90 form an integral part of these financial statements.