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GHL Systems Berhad
(293040-D)
Annual report 2015
Group
Company
2015
2014
2015
2014
Note RM
RM
RM
RM
CASH FLOWS FROM FINANCING ACTIVITIES
Drawdown of:
- term loans
12,410,283 3,900,600 3,703,500
-
- bankers’ acceptance and Islamic facility
2,500,000 3,000,000
-
-
Proceeds from issuance of shares:
- ordinary shares pursuant to ESS
17
2,047,998 2,748,372 2,047,998 2,748,372
- special issue
17
-
35,333,279
-
35,333,279
Share issuance expenses
-
(192,383)
-
(192,383)
Repayments of:
- hire purchase creditors
(1,963,993) (1,851,930)
(107,614)
(129,107)
- term loans
(9,314,351) (12,695,937)
-
-
Net cash from financing activities
5,679,937 30,242,001 5,643,884 37,760,161
Net increase/(decrease) in cash and cash
equivalents
13,773,519 25,690,289 (10,976,374) 10,244,264
Effect of exchange rate changes on cash
and cash equivalents
(910,348)
(246,153)
-
-
Cash and cash equivalents at beginning
of financial year
39,441,558 13,997,422 15,420,857 5,176,593
Cash and cash equivalents at end of
financial year
16 52,304,729 39,441,558 4,444,483 15,420,857
Statements of Cash Flows
For the Financial Year Ended 31 December 2015 (continued)
The accompanying notes form an integral part of the financial statements.