Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 65 Group Company 2017 2016 2017 2016 Note RM RM RM RM Cash Flows from Operating Activities Profit/(Loss) before taxation from: - continuing operations 3,010,557 (9,789,104) 1,740,398 (10,256,896) - discontinued operations (786,383) (302,520) - - Adjustments for: Amortisation of development costs 279 1,694 - - Amortisation of other intangible assets 63,042 74,059 - - Bad debts written off - 59,974 - - Depreciation of property, plant and equipment 1,838,719 5,007,558 - - Impairment losses on: - investment in subsidiary companies - - 1,000,000 - - other intangible asstes - 33,031 - - - property, plant and equipment - 2,806,651 - - - amount due from a subsidiary company - - - 9,704,583 Interest expense 52,303 57,318 - - Property, plant and equipment written off 12,740 - - - Gain on disposal of property, plant and equipment - (1,000) - - Gain on disposal of subsidiary companies - (998) - - Interest income (159,460) (359,466) (188) (160) Provision for minimum guaranteed sum - 1,822,500 - - Reversal of provision for minimum guaranteed sum (1,822,500) - - - Reversal of impairment loss on amount due from a subsidiary company - - (3,167,783) - Operating profit/(loss) before working capital changes 2,209,297 (590,303) (427,573) (552,473) STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017