Wasco Berhad Integrated Annual Report 2023

Group Company Note 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment (127,533) (36,645) (129) (139) Additional investment in subsidiaries (2,075) - (2,560) - Acquisition of a subsidiary, net of cash acquired 37 - (65,388) - - Subscription of shares in subsidiary by non-controlling interest - 406 - - Proceeds from disposal of: - property, plant and equipment 2,772 1,481 60 - - assets held for sale 46,227 10,557 - - - associate - 30,800 - - - subsidiaries 4,128 - - - Transfer from deposits and short term investment 158 305 - 653 Dividends received from: - subsidiaries - - 21,302 22,440 - a joint venture 1,070 4,406 - - - an associate 2,787 1,817 - - Net cash of disposal group 22 (13,856) (11,841) - - Redemption of NCRPS in a subsidiary - - 1,000 - Repayments from subsidiaries - - - 26,345 Net repayment from joint ventures - 104 - - Net cash (used in)/generated from investing activities (86,322) (63,998) 19,673 49,299 Statements of Cash Flows FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 Integrated Annual Report 2023 168

RkJQdWJsaXNoZXIy NDgzMzc=