Sasbadi Annual Report 2017

70 SASBADI HOLDINGS BERHAD (1022660-T) I BER AD (10 2 60-T) Group Company 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 Cash flows from investing activities Changed in pledged deposits Acquisition of intangible assets - (11) (648) (109) - - - - Acquisition of property, plant and equipment (3,905) (8,965) - - Acquisition of subsidiaries, net of cash and cash equivalents (Note 29) (847) (6,146) - (7,850) Proceeds from disposal of property, plant and equipment 336 310 - - Dividend received from other investments 10 - - - Acquisition of non-controlling interests (9,400) - (9,400) - Net cash used in investing activities (13,817) (15,558) (9,400) (7,850) Cash flows from financing activities Dividends paid to owners of the Company (6,286) (5,588) (6,286) (5,588) Interest paid (638) (247) - - Proceeds from term loan 15,000 6,300 - - Repayment of term loans (1,239) (227) - - Proceeds from issuance of shares - 31,623 - 31,623 Repayment of finance lease liabilities (118) (103) - - Drawdown of bankers’ acceptance 9,236 - - - Repayment of bankers’ acceptance (10,043) (941) - - Share issuance expenses paid (41) (333) (41) (333) Purchase of treasury shares (1) - (1) - Net cash generated from/(used in) financing activities 5,870 30,484 (6,328) 25,702 Net (decrease)/increase in cash and cash equivalents (19,419) 16,600 (4,794) 3,769 Cash and cash equivalents at beginning of the financial year 16,645 45 4,891 1,122 Cash and cash equivalents at end of the financial year (i) (2,774) 16,645 97 4,891 STATEMENTS OF CASH FLOWS FOR THE YEAR ENDED 31 AUGUST 2017