FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 68 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 (CONT’D) The Group The Company 2024 2023 2024 2023 RM RM RM RM CASH FLOWS (FOR)/FROM INVESTING ACTIVITIES Purchase of property, plant and equipment (Note 30(a)) (24,805,913) (15,144,018) (5,460,490) (7,249) Purchase of short-term investments (1,214,650) - - - Dividend received from subsidiaries - - 47,469,449 58,832,200 Additional investment in an existing subsidiary (Note 13) - (279,113) - (279,113) Proceeds from disposal of property, plant and equipment - 1,035,503 - - Proceeds from disposal of short-term investments 1,660,975 1,158,537 - - Repayment from subsidiaries for share grant plan - - - 218,280 Net withdrawal/(placement) of xed deposits with licensed banks 4,219,845 (539) - - Interest received 7,366,656 4,521,453 1,092,352 454,958 Net Cash (For)/From Investing Activities (12,773,087) (8,708,177) 43,101,311 59,219,076 CASH FLOWS FOR FINANCING ACTIVITIES Interest paid (Note 30(b)) (794,591) (1,050,224) - - Dividend paid by the Company (Note 27) (61,500,453) (40,844,736) (61,500,453) (40,844,736) Dividend paid by a subsidiary to non- controlling interests (7,711,293) (5,832,127) - - Proceeds from issuance of shares 37,165,800 - 37,165,800 - Proceeds from warrant holders 16,108,000 - 16,108,000 - Payment of lease liabilities (Note 30(b)) (3,208,562) (3,183,189) - - Repayment of bank borrowings (Note 30(b)) (32,656) (20,890,498) - - Net Cash For Financing Activities (19,973,755) (71,800,774) (8,226,653) (40,844,736) NET INCREASE IN CASH AND CASH EQUIVALENTS 133,879,148 63,489,886 27,204,723 12,350,944 Effect of exchange rate changes (30,659,916) 13,440,442 (72,537) (61,193) CASH AND CASH EQUIVALENTS AT BEGINNING OF THE YEAR 404,371,355 327,441,027 22,566,456 10,276,705 CASH AND CASH EQUIVALENTS AT END OF THE YEAR (Note 30(c)) 507,590,587 404,371,355 49,698,642 22,566,456 The accompanying Notes form an integral part of these Financial Statements.
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