STATEMENTS OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014
GROUP
COMPANY
2014
RM
2013
RM
2014
RM
2013
RM
CASH FLOWS FROM OPERATING ACTIVITIES
Profit/(Loss) before taxation
7,351,467
3,918,325
(5,630,743)
(899,468)
Adjustments for:
Amortisation of intangible assets
1,321,336
3,601,201
-
-
Deferred income released
(834,612)
(3,192,222)
-
-
Depreciation
2,606,203
2,714,021
630
367
Deposit written off
-
100
-
100
Dividend income
-
(54,911)
-
(54,911)
Gain on disposal of non-current asset held
for sale
-
(48,200)
-
-
Gain on disposal of property, plant and
equipment
(33,992)
(5,799)
-
-
Loss from changes in fair value of foreign
currency forward contracts
1,141,413
175,191
-
-
Intangible assets written off
-
581,913
-
-
Interest expense
258,077
358,155
-
-
Interest income
(78,486)
(213,287)
(2,573)
-
Inventories written off
154,640
1,094,556
-
-
Inventories written down
-
24,197
-
-
Impairment loss on receivables
977,600
58,432
-
-
Impairment loss on amount due from
subsidiaries
-
-
-
121
Impairment loss on investment in a
subsidiary
-
-
4,351,671
-
Reversal of impairment loss on receivables
(101,001)
(758,021)
-
-
Reversal of inventories written down
(668,379)
(1,280,918)
-
-
Property, plant and equipment written off
-
7,936
-
-
Provision for warranty
127,000
-
-
-
Net unrealised gain on foreign exchange
(518,304)
(248,106)
-
-
Operating profit/(loss) before working
capital changes
11,702,962
6,732,563
(1,281,015)
(953,791)
Decrease in inventories
146,481
508,907
-
-
(Increase)/Decrease in receivables
(2,933,507)
1,546,364
25,781,245
904,259
Increase/(Decrease) in payables
3,297,725
(2,826,015)
53,971
115,060
Cash generated from operations
12,213,661
5,961,819
24,554,201
65,528
Government grants received
402,500
-
-
-
Interest paid
(258,077)
(358,155)
-
-
Tax refunded
123,074
110,410
8,168
-
Tax paid
(519,210)
(439,233)
(530)
(1,504)
Net cash from operating activities/ carried
forward
11,961,948
5,274,841
24,561,839
64,024
The notes set out on pages 44 to 89 form an integral part of these financial statements.
Pentamaster Corporation Berhad
(572307-U)
•
Annual Report 2014
42
