ENRA Group Berhad Annual Report 2018

65 A N N U A L R E P O R T 2 0 1 8 Group Company 2018 2017 2018 2017 Note RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES Interest received 1,639 924 2,675 1,453 (Placement)/Uplift of fixed deposits pledged (2,069) 1,182 (50) (51) Proceeds from disposal of property, plant and equipment 179 - 37 - Acquisition of: - subsidiary, net of cash - (2,817) - - - property, plant and equipment 4 (2,174) (1,522) (3) (346) Additional investments in subsidiaries - - - (300) Issuance of shares by subsidiary to non-controlling interests - 119 - - (Advances to)/Repayments from subsidiaries - - (21,982) 1,952 Net cash (used in)/from investing activities (2,425) (2,114) (19,323) 2,708 CASH FLOWS FROM FINANCING ACTIVITIES Interest paid (3,114) (3,197) (2,926) (2,733) Issuance of redeemable convertible preference shares - 1,057 - - Dividends received - - 15,033 - Dividends paid to: - equity holders of the Company - (10,794) - (10,794) - non-controlling interests (5,585) - - - Drawdown of other borrowings 34,537 5,222 19,700 - Drawdown of borrowings - 1,786 - - Repayments of: - hire-purchase and lease creditors (234) (220) (46) (89) - other borrowings - (3,497) - - - term loans (19,077) (10,961) (8,343) (8,125) Net cash from/(used in) financing activities 6,527 (20,604) 23,418 (21,741) Net (decrease)/increase in cash and cash equivalents (17,665) 14,265 5,554 (18,614) Cash and cash equivalents at beginning of financial year 39,679 25,644 (15,664) 2,950 Effects of exchange rate changes on cash and cash equivalents (44) (230) - - Cash and cash equivalents at end of financial year 15(f) 21,970 39,679 (10,110) (15,664) STATEMENTS OF CASH FLOWS For the financial year ended 31 March 2018 cont’d The accompanying notes form an integral part of the financial statements.