200901023978 (867077-X) Kimlun Corporation Berhad (Incorporated in Malaysia) Statements of cash flows (cont'd) For the financial year ended 31 December 2024 2024 2023 2024 2023 Operating activities (cont'd) RM RM RM RM Provision for/(reversal of) defect liability costs 5,020,000 (1,561,000) - - Unrealised foreign exchange loss/(gain) 7,387,217 (8,721,197) - - Operating cash flows before changes in working capital 87,360,114 40,471,525 8,438,941 7,537,136 Property development costs (79,564,767) 3,293,977 - - Inventories 787,044 7,696,602 - - Receivables (112,339,924) 21,116,272 (1,524,886) (1,365,220) Other current assets (66,619,264) (65,094,598) 551 (377) Payables 148,846,483 107,326,670 108,008 (44,206) Other current liabilities 26,422,037 2,492,889 - - Cash flows generated from operations 4,891,723 117,303,337 7,022,614 6,127,333 Interest received 2,507,195 2,571,501 - - Income taxes paid (4,618,696) (8,027,282) (166,596) (116,534) Interest paid (32,365,798) (22,583,995) (8,071,338) (5,411,619) Net cash flows (used in)/ generated from operating activities (29,585,576) 89,263,561 (1,215,320) 599,180 Investing activities Purchase of property, plant and equipment (92,153,079) (32,965,922) - - Additions to land held for development (46,325,896) (143,926,962) - - Proceeds from disposal of property, plant and equipment 809,348 3,855,511 - - Net proceeds from disposal of assets held for sale 1,944,980 - - - Disposal of subsidiaries (143,528) - - - Investment in an associate (490,000) - - - Acquisition of subsidiaries (11,085,875) - - (23,150,000) (Advances to)/repayment from subsidiaries - - (23,178,494) 9,691,867 Repayment from/(advances to) - - - joint venture 650,000 (7,289,895) - - Advances to associate (6,027,000) - - - Net cash flows used in investing activities (152,821,050) (180,327,268) (23,178,494) (13,458,133) Group Company - 23 - STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2024 115 ANNUAL REPORT 2024
RkJQdWJsaXNoZXIy NDgzMzc=