66
GHL Systems Berhad
(293040-D)
Group
Company
2014
2013
2014
2013
Note RM
RM
RM
RM
CASH FLOWS FROM FINANCING ACTIVITIES
Drawdown of:
- term loans
3,900,600
-
-
-
- bankers’ acceptance and Islamic facility
3,000,000
770,000
-
770,000
Proceeds from issuance of shares:
- ordinary shares pursuant to ESS
17
2,748,372
760,988 2,748,372
760,988
- special issue
17 35,333,279 8,723,172 35,333,279 8,723,172
Share issuance expenses
(192,383)
-
(192,383)
-
Repayments of:
- hire purchase creditors
(1,851,930)
(874,066)
(129,107)
(128,613)
- term loans
(12,695,937) (2,281,633)
-
(2,281,633)
- bankers’ acceptance and Islamic facility
-
(1,220,000)
-
(1,220,000)
Net cash from financing activities
30,242,001 5,878,461 37,760,161 6,623,914
Net increase/(decrease) in cash and cash
equivalents
25,690,289 (1,429,636) 10,244,264 2,902,862
Effect of exchange rate changes on cash
and cash equivalents
(246,153)
(31,580)
-
(942)
Cash and cash equivalents at beginning
of financial year
13,997,422 15,458,638 5,176,593 2,274,673
Cash and cash equivalents at end of
financial year
16 39,441,558 13,997,422 15,420,857 5,176,593
STATEMENTS OF CASH FLOWS
For the Financial Year Ended 31 December 2014 (continued)
The accompanying notes form an integral part of the financial statements.
