ENRA Group Berhad Annual Report 2019

76 ENRA GROUP BERHAD ∞ Annual Report 2019 page Group Company 2019 2018 2019 2018 Note RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES (cont’d) Decrease in contract assets 14 5,977 - - - (Increase)/Decrease in inventories (15,003) 2,758 (7,616) - Decrease/(Increase) in trade and other receivables 5,239 11,942 (4,941) (4,483) (Decrease)/Increase in trade and other payables (13,504) (35,004) (11,589) 8,488 Cash generated from/(used in) operations 17,955 (17,341) (34,568) 1,288 Tax (paid)/refund (3,399) (3,259) (271) 686 Net cash from/(used in) operating activities 14,556 (20,600) (34,839) 1,974 CASH FLOWS FROM INVESTING ACTIVITIES Interest received 914 1,639 3,888 2,675 (Placement)/Uplift of fixed deposits pledged (648) (2,069) 1,799 (50) Proceeds from disposal of property, plant and equipment 261 179 - 37 Net (outflows)/inflows on disposal of subsidiaries 7(d) (2,311) - 5,734 - Acquisition of: - right-of-use assets (23) (7) - - - subsidiaries, net of cash 7(c) (3,923) - - - - property, plant and equipment 4 (10,335) (2,174) (6) (3) Proceeds from disposal of investment properties 85,015 - 85,575 - Advances to subsidiaries - - (36,121) (21,982) Net cash from/(used in) investing activities 68,950 (2,432) 60,869 (19,323) The accompanying notes form an integral part of the financial statements. Statements of Cash Flows For the financial year ended 31 March 2019