EXCEL FORCE MSC BERHAD Annual Report 2025

66 Annual Report 2025 Group Company 2025 2024 2025 2024 Note RM RM RM RM Cash flows from operating activities Profit/(Loss) before tax 7,361,926 11,281,453 (2,839,170) 2,207,632 Adjustments for: Amortisation of product development costs 2,792,399 2,769,182 - 553,628 Depreciation of: - property, plant and equipment 967,406 941,972 108,249 291,472 - right-of-use assets 618,655 614,734 274,468 356,594 Impairment losses on trade receivables 13,262 - - - (Gain)/Loss on disposal of: - property, plant and equipment (837) (70,000) - - - subsidiary companies 7(c)(ii) - - - 869,085 - operations upon corporate reorganisation exercise 7(c)(i) - - - (679,018) Property, plant and equipment written off 40 12 - 9 Interest income from: - deposits with licensed banks (134,616) (160,262) (27,945) (87,395) - short-term funds (56,503) (54,419) (56,503) (54,419) Finance costs 366,860 131,793 323,010 101,098 Inventories written off - 23,992 - - Reversal of impairment losses on trade receivables - (23,567) - - Reversal of provision of loss claim (1,000,000) (600,000) - - Share of result of an associate (60,246) (128,634) - - Unrealised (gain)/loss on foreign exchange 1,598,483 (765,214) 1,589,107 (766,463) Operating profit/(loss) before working capital changes 12,466,829 13,961,042 (628,784) 2,792,223 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 30 JUNE 2025

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