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GHL Systems Berhad
(293040-D)
Annual report 2015
Statements of Cash Flows
For the Financial Year Ended 31 December 2015 (continued)
Group
Company
2015
2014
2015
2014
Note RM
RM
RM
RM
CASH FLOWS FROM OPERATING
ACTIVITIES (continued)
Operating profit/(loss) before changes in
working capital:
37,773,871 27,167,980
(925,646) (2,932,584)
(Increase)/Decrease in inventories
(24,999,457) (23,754,601)
(348,336)
527,974
(Increase)/Decrease in trade and other
receivables
(16,990,196) (22,945,669) (1,278,869)
687,902
Increase/(Decrease) in trade and other
payables
22,419,369 12,694,118
967,784
(297,080)
Advance receipts for deferred income
23
727,365
373,285
321,562
-
Cash generated from/(used in) operations
18,930,952 (6,464,887) (1,263,505) (2,013,788)
Dividend received
-
-
1,200,000
-
Interest received
1,153,338
648,293
481,733
674,241
Interest paid
(2,647,150) (1,432,327)
(187,103)
(17,342)
Tax paid
(2,761,170) (2,253,612)
(104,913)
(304,636)
Tax refunded
491,491
15,849
255,000
-
Net cash from/(used in) operating activities
15,167,461 (9,486,684)
381,212 (1,661,525)
CASH FLOWS FROM INVESTING
ACTIVITIES
Purchases of:
- property, plant and equipment
7 (5,640,235) (8,573,729)
(419,813)
(430,186)
- intangible assets
8
(800,404) (1,585,356)
(10,546)
(271,122)
Proceeds from disposal of:
- available-for-sale investments
-
1,118,795
-
-
- property, plant and equipment
280,250
691,798
376
270
Acquisitions of:
- subsidiaries for cash, net of cash acquired
- additional interests in subsidiaries
10
10
-
-
19,069,228
-
-
-
(2,620,683)
(3,750,000)
(Placement)/Withdrawal in deposits
pledged
(913,490) (5,785,764)
100,000
-
Advances to subsidiaries
-
- (16,671,487) (18,782,651)
Net cash (used in)/from investing activities
(7,073,879)
4,934,972 (17,001,470) (25,854,372)