64
GHL Systems Berhad
(293040-D)
Group
Company
2014
2013
2014
2013
Note RM
RM
RM
RM
CASH FLOWS FROM OPERATING
ACTIVITIES
Profit/(Loss) before tax
11,121,681 3,280,200 9,983,810 (1,045,423)
Adjustments for:
Amortisation of:
- intangible assets
8
1,193,883
802,269 1,017,976
790,000
- deferred income
23
(730,760) (1,845,991)
(344,592)
(547,071)
Bad debts written off/(back)
85,886
3,819
-
(1,963)
Depreciation of property, plant and
equipment
7 10,770,192 7,666,142
993,349 1,076,876
Impairment losses on:
- property, plant and equipment
7
277,818
-
-
-
- trade and other receivables
13
927,485
143,248
189,030 6,064,533
Intangible assets written off
8
852,939
-
852,939
-
Interest expense
1,432,327
155,641
17,342
136,166
Interest income
(648,293)
(215,395)
(687,472)
(356,969)
Inventories written off
15
840,931
158,737
837,221
134,258
Inventories written back
(41,154)
-
(41,154)
-
(Gain)/Loss on disposal of:
- available-for-sale investments
(76,424)
-
-
-
- property, plant and equipment
12,481
(11,544)
5,071
(16,598)
Loss/(Gain) on foreign exchange
- unrealised
385,028
(221,292)
(615,253)
(498,429)
Property, plant and equipment written off
7
1
144,361
-
42,562
Property, plant and equipment written back 7
(616)
-
-
-
Reversal of impairment losses on
trade and other receivables
13
(184,073)
(159,537) (15,361,331) (8,076,545)
Share options granted under ESS
31
962,066
868,685
220,480
372,943
Share of profit of joint ventures
(13,418)
-
-
-
Operating profit/(loss) before changes in
working capital
27,167,980 10,769,343 (2,932,584) (1,925,660)
STATEMENTS OF CASH FLOWS
For the Financial Year Ended 31 December 2014
