DESTINI Annual Report 2018

Group Company 2018 2017 2018 2017 Note RM RM RM RM (Restated) Cash Flows From Operating Activities Profit/(Loss) before tax 9,734,495 43,943,321 (5,037,546) 14,654,982 Adjustments for: Amortisation of intangible assets 2,149,534 1,480,299 - - Amortisation of land use right 38,683 40,359 - - Bad debts written off 109,478 665,747 - - Depreciation of property, plant and equipment 12,737,834 12,666,718 2,031,971 1,682,539 Fair value adjustment on investment in securities 657,260 (103,999) 657,260 (103,999) Gain on disposal of a subsidiary - (7,211,655) - (4,099,999) Gain on disposal of property, plant and equipment (165,536) - - - Impairment loss on: - Trade receivables 1,328,069 1,449,131 - - - Other receivables 338,290 263,923 - - - Investment in subsidiaries - - - 143,701 - Intangible assets - 1,334,431 - - Interest expense 3,330,608 2,307,547 3,161,529 3,704,599 Interest income (1,588,944) (548,817) (3,145,993) (2,960,480) Property, plant and equipment written off 30,760 54,245 - - Reversal of impairment loss on trade receivables (18,868) - - - Waiver of debts by other payables - (5,627) - - Share of results of associates and joint venture 612,030 1 - - Unrealised (gain)/loss on foreign exchange (85,839) 180,615 - - Operating profit/(loss) before working capital changes 29,207,854 56,516,239 (2,332,779) 13,021,343 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 DESTINI BERHAD ANNUAL REPORT 2018 106