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AEMULUS HOLDINGS BERHAD
A N N U A L R E P O R T 2 0 1 6
29. SIGNIFICANT EVENT DURING THE FINANCIAL YEAR
Branch office in Taiwan
On 18th November 2015, the subsidiary of the Group, Aemulus Corporation Sdn. Bhd. registered a branch office
in Taiwan by the name of “Aemulus Corporation Sdn. Bhd. Taiwan Branch” with a paid up capital of TWD500,000
(approximately RM65,300). The principal activity of the Taiwan branch is to carry out marketing and sale of automated
test equipment and test and measurement instruments.
30. COMPARATIVE FIGURES
During the financial year, the other investment of the Group has been determined to be part of cash and cash equivalents
since the funds are invested in money market instruments and short-term deposits and subject to minimal risk. As such,
the comparative figures of the consolidated statement of cash flows have been amended to conform with current year’s
presentation.
Previously
stated Reclassification
Restated
RM
RM
RM
GROUP
Consolidated statement of cash flows
Net cash from operating activities
8,088,103
20,629
8,108,732
Cash flows used in investing activities
(2,949,369)
1,708
(2,947,661)
Cash and cash equivalents at beginning
3,930,842
624,267
4,555,109
Cash and cash equivalents at end
32,858,982
646,604
33,505,586
NOTES TO THE FINANCIAL STATEMENTS
(Cont’d)
– 30 SEPTEMBER 2016