SCC Holdings Berhad Annual Report 2017

SCC Holdings Berhad (511477-A) | Annual Report 2017 35 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 Group Company 2017 2016 2017 2016 RM’000 RM’000 RM’000 RM’000 Cash Flows From Operating Activities Profit before taxation 8,573 8,736 4,950 4,156 Adjustments for: Bad debts written off on trade receivables - 23 - - Depreciation of property, plant and equipment 665 694 - - Dividend income (1) - (5,159) (3,718) Fair value gain of financial assets (463) (393) (154) (144) Impairment losses on trade receivables 52 325 - - Interest expense 2 7 - - Gain on disposal of quoted shares - (2) - - (Gain)/Loss on disposal of property, plant and equipment (28) 15 - - Interest income (81) (35) (24) (9) Reversal of impairment losses on - trade receivables (139) (204) - - Reversal of inventories written down (288) - - - Unrealised loss on foreign exchange 47 45 - - Operating profit before working capital changes 8,339 9,211 (387) 285 Changes in working capital Inventories 1,773 (851) - - Trade receivables (2,224) 336 - - Other receivables 28 127 5 89 Trade payables (1,194) 1,961 - - Other payables 44 (198) 131 82 Subsidiary companies - - (35) - (1,573) 1,375 101 171 Cash generated from/(used in) operations 6,766 10,586 (286) 456 Tax refund - - 39 - Tax paid (1,755) (3,023) (17) (22) (1,755) (3,023) 22 (22) Net cash generated from/(used in) operating activities 5,011 7,563 (264) 434