ENRA Group Berhad Annual Report 2021

FINANCIAL STATEMENTS & OTHERS ENRA Group Berhad | Annual Report 2021 104 The accompanying notes form an integral part of the financial statements. Group Company 2021 2020 2021 2020 Note RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES (Loss)/Profit before tax (3,398) 8,362 (15,342) 5,489 Adjustments for: Impairment loss on goodwill 9 8,536 – – – Impairment loss on trade receivables 13(i) 3 2 – – Impairment loss on associate company 13(j) – 2,241 – – Impairment loss on investment in subsidiaries 7 – – 11,701 – Fair value gain on short term funds (8) (14) (8) (14) Reversal of impairment loss on trade receivables 13(i) (3,841) (346) – – Property, plant and equipment written off 4 299 – – – Inventories written down 12(c) 68 – – – Depreciation of property, plant and equipment 4 7,449 855 279 97 Amortisation of right-of-use assets 5 1,675 22,923 284 325 Amortisation of intangible assets 9 289 275 – – Lease concession 5 (59) – (11) – Remeasurement of right-of-use assets – – – 18 Right-of-use assets transfer to subsidiaries – – – 236 Fair value loss on derivatives 16 287 532 324 Gain on disposal of property, plant and equipment (144) (62) (1) – Gain on disposal of lease assets (64) (2,496) – – Gain on disposal of associate (130) – – – Gain on dilution of non-controlling interest in subsidiaries (53) (10) – – Unrealised (gain)/loss on foreign exchange (204) 360 – 234 Fair value changes on contingent consideration – (119) – – Share of results of an associate, net of tax – 17 – – Interest expense: - Unwinding of discount (RCPS) 18 459 426 – – - Unwinding of lease interest 5 219 2,303 10 26 - Borrowings 4,018 1,626 315 281 Dividend income – – – (10,800) Interest income (292) (1,175) (3,289) (2,703) Operating profit/(loss) before changes in working capital 14,838 35,455 (5,530) (6,487) STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 MARCH 2021