Datasonic Group Berhad Annual Report 2019

STATEMENTS OF CASH Flows FOR THE FINANCIAL YEAR ENDED 31 MARCH 2019 Group Company 2019 2018 2019 2018 Note RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM/(FOR)  OPERATING ACTIVITIES Profit before taxation 40,474 70,341 34,762 55,639 Adjustments for:- Amortisation of development  expenditure 5,916 4,499 – – Allowance for impairment losses on: - inventories – 104 – – - trade receivables – 2,518 – – Depreciation of property, plant and  equipment 16,037 11,444 970 920 Equipment written off # 17 – 2 Interest expense 8,112 7,931 366 395 Loss/(Gain) on disposal of plant and  equipment 3,059 (#) (7) – Dividend income – – (35,000) (56,000) Interest income (720) (967) (536) (735) Unrealised gain on foreign exchange (172) (41) (#) – Writeback of impairment losses on: - inventories – (109) – – - trade receivables – (2,094) – – Operating profit before working  capital changes 72,706 93,643 555 221 Decrease in projects-in-progress 1,401 1,771 – – (Increase)/Decrease in inventories (15,221) 15,362 – – Decrease/(Increase) in trade and  other receivables 14,824 23,869 (140) 216 Increase/(Decrease) in trade and  other payables 3,373 (13,187) (293) (13) Decrease/(Increase) in amount  owing by subsidiaries – – 2,658 (15,386) Increase/(Decrease) in amount  owing to subsidiaries – – 5,573 (5,149) CASH FROM/(FOR) OPERATING  ACTIVITIES 77,083 121,458 8,353 (20,111) Income tax paid (2,132) (2,926) (368) (280) Interest paid (8,112) (7,931) (366) (395) NET CASH FROM/(FOR)  OPERATING ACTIVITIES 66,839 110,601 7,619 (20,786) Note: # - Amount less than RM1,000. The annexed notes form an integral part of these financial statements. 107 DATASONIC GROUP BERHAD (Company No. 809759-X) ANNUAL REPORT 2019