STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2023 Group Company 2023 2022 2023 2022 Note RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES Profit before tax 13,150 1,971 725 5,139 Adjustments for: Amortisation of intangible assets 7 1,422 1,422 - - Depreciation of property, plant and equipment 5 2,194 1,932 - - Depreciation of investment properties 6 52 53 - - Dividend income 22 - (1) (1,039) (5,668) Finance costs 21 857 1,022 147 - Finance income 22 (42) (30) (575) (1) Gain on disposals of property, plant and equipment 22 (249) (124) - - Impairment loss on investment in a subsidiary 8(d) - - 80 - Net write down of inventories 12 3,037 3,450 - - Net reversal of impairment loss on trade receivables 15(e) (685) (1,044) - - Net reversal of impairment losses on amounts due from subsidiaries 15(e) - - (22) - Intangible assets written-off 22 12 - - - Property, plant and equipment written-off 22 21 - - - Share-based payment 17(f) - 480 - - Unrealised foreign exchange gain 22 (6) - - - Operating profit/(loss) before changes in working capital 19,763 9,131 (684) (530) Changes in working capital: Inventories 319 (9,705) - - Trade and other receivables and prepayments (1,835) 4,972 - - Trade and other payables (5,720) 5,067 57 10 Contract costs 149 326 - - Contract liabilities (483) (1,011) - - Right to recover returned goods 587 (1,200) - - Refund liabilities (1,369) 2,390 - - Cash generated from/(used in) operations 11,411 9,970 (627) (520) Dividend received - - 1,039 2,440 Interest paid (735) (821) (147) - Interest received 42 30 575 1 Tax paid (3,204) (973) (225) - Tax refunded 735 55 1 4 Net cash from operating activities 8,249 8,261 616 1,925 ANNUAL REPORT 2023 SASBADI HOLDINGS BERHAD 89 Financial Statements (continued)
RkJQdWJsaXNoZXIy NDgzMzc=