Frontken Berhad Annual Report 2017

52 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2017 The Group The Company 2017 2016 2017 2016 RM RM RM RM CASH FLOWS FROM/(FOR) OPERATING ACTIVITIES Profit before tax 46,147,364 33,344,738 13,008,793 6,154,262 Adjustments for: Depreciation of property, plant and equipment 18,471,479 17,193,402 21,667 24,047 Interest expense 931,264 1,146,951 194,461 340,916 Allowance for impairment loss on property, plant and equipment 49,749 51,841 - - Unrealised loss/(gain) on foreign exchange 4,613,657 (1,428,927) 95,813 (14,377) Allowance for impairment losses on amount owing by a subsidiary - - 270,000 1,476,080 Allowance for impairment losses on receivables 71,151 133,461 - - Inventories written off 137,087 492,724 - - (Gain)/Loss on dissolution of a subsidiary - (719,412) - 107,770 Property, plant and equipment written off 506,875 411,330 - - Share of results in associates 51,126 108,525 - - Interest income (844,780) (769,559) (514,753) (593,490) (Gain)/Loss on disposal of property, plant and equipment (11,181) 68,214 - - Writeback of allowance for impairment losses on trade receivables (60,137) (1,196) - - Dividend income from subsidiaries - - (17,028,204) (10,313,095) Operating Profit/(Loss) Before Working Capital Changes 70,063,654 50,032,092 (3,952,223) (2,817,887) The accompanying Notes form an integral part of these Financial Statements. Statements Of Cash Flows For The Year Ended 31 December 2017