Wah Seong Corporation Berhad Annual Report 2017

FINANCIAL STATEMENTS WAH SEONG CORPORATION BERHAD ANNUAL REPORT 2017 84 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 Note Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment (477,999) (139,796) (27) (28) Purchase of other intangible assets (25) (40) - - Purchase of investment properties (30) (51) - - Purchase of prepaid lease payments - (27,146) - - Subscription of shares in a subsidiary by non-controlling interest - 300 - - Additional investment in a joint venture - (735) - - Additional investment in an associate (9,433) (52,676) - - Proceeds from disposal of property, plant and equipment 8,074 8,403 124 - Proceeds from disposal of: - prepaid lease payments 5,790 - - - - non-current asset held for sale - 20,832 - - Net proceeds from/(placements on) deposits and short term investment 12,970 (86,868) 10,978 (29,840) Net cash (outflow)/inflow from disposal of a subsidiary (5) 989 - - Dividends received from: - subsidiaries - - 10,863 17,404 - a joint venture 3,450 - - - - an associate 4,228 3,462 - - Net advances from subsidiaries - - 85,543 62,193 Net repayment from/(advances to) joint ventures 16,852 (20,268) - - Net repayment from/(advances to) associates 448 (8,986) - - Net cash (used in)/generated from investing activities (435,680) (302,580) 107,481 49,729