Group
Company
2014
2013
2014
2013
Note
RM
RM
RM
RM
Cash flows from operating activities
Profit before tax
70,044,134
44,563,695
29,881,167
24,176,293
Adjustments for:
Change in fair value of
other investments
20
242,494
( 229,103)
-
-
Depreciation of property,
plant and equipment
3
21,470,519
20,377,555
-
-
Depreciation of plantation
development expenditure 4
220,980
220,980
-
-
Depreciation of investment
properties
7
166,260
166,252
-
-
Dividend income from:
- subsidiaries
20
-
-
( 32,500,000) ( 27,800,000)
- other investments
20 ( 41,646)
( 79,626)
-
-
Gain on disposal of other
investments
20 ( 3,011) ( 15,828)
-
-
Impairment losses on:
- property, plant and
equipment
3
78,277
2,017,470
-
-
- plantation development
expenditure
4
2,430,971
4,977,369
-
-
Finance income
22 ( 4,544,130)
( 3,119,119)
( 3,202,163) ( 3,654,189)
Finance costs
22
1,677,264
1,279,711
88,637
162,761
Inventories written off
20
263,802
115,298
-
-
Reversal of impairment
losses on deposits paid
( 28,500,000)
-
-
-
Property, plant and
equipment written off
20
189,022
112,050
-
-
------------------------------- ------------------------------- -------------------------------- --------------------------------
Operating profit/(loss) before
changes in working capital
63,694,936
70,386,704
( 5,732,359) ( 7,115,135)
Change in inventories
( 2,930,447)
10,212,715
-
-
Change in trade and other
receivables, prepayments
and other assets
2,259,245
( 2,819,586)
( 59,739)
1,879,495
Change in trade and
other payables
( 4,441,076)
( 20,226,469)
( 958,887)
1,812,216
------------------------------- ------------------------------- -------------------------------- --------------------------------
Cash generated from/
(used in) operations
58,582,658
57,553,364
( 6,750,985) ( 3,423,424)
Income tax refunded
-
2,218,404
-
123,779
Income tax paid
(10,929,445) ( 11,544,750)
( 791,098) ( 500,000)
Interest paid
( 2,374,453) ( 2,958,033)
-
-
Interest received
4,294,673
3,320,282
1,980,476
2,106,754
Finance lease profit paid
( 157,907) ( 58,055)
-
-
------------------------------- ------------------------------- -------------------------------- --------------------------------
Net cash from/(used in)
operating activities
49,415,526
48,531,212
( 5,561,607) ( 1,692,891)
========== ========== ========== ==========
Statements of Cash Flows
for the financial year ended 31 December 2014
SARAWAK PLANTATION BERHAD
|
63
|
Annual Report 2014
