SCC Holdings Berhad Annual Report 2019

43 SCC Holdings Berhad | Annual Report 2019 Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Cash Flows From Operating Activities Profit before taxation 7,611 9,551 4,138 4,746 Adjustments for: Amortisation of right-of-use assets 335 - - - Bad debts written off - 7 - - Depreciation of property, plant and equipment 699 587 - - Dividend income - - (4,801) (5,333) Fair value gain of financial assets (481) (602) (148) (207) Impairment losses on trade receivables 278 103 - - Interest expense 71 - - - Plant and equipment written off 2 5 - - Gain on disposal of property, plant and equipment (87) (14) - - Interest income (86) (74) (6) (9) Reversal of impairment losses on trade receivables (109) (98) - - Unrealised gain on foreign exchange (223) (5) (2) - Operating profit before working capital changes 8,010 9,460 (819) (803) Changes in working capital: Inventories (2,910) (1,107) - - Trade receivables 1,634 332 - - Other receivables 1,912 (2,641) 19 (64) Investment Securities (14) - - - Trade payables (1,412) 1,304 - - Other payables 83 (110) (4) (220) (707) (2,222) 15 (284) Cash generated from/(used in) operations 7,303 7,238 (804) (1,087) Tax refund 186 130 37 18 Tax paid (2,530) (2,335) (16) (18) (2,344) (2,205) 21 - Net cash from/(used in) operating activities 4,959 5,033 (783) (1,087) statements of cash flows for the financial year ended 31 december 2019