Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 100 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2012 Group Company 2012 2011 2012 2011 RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES Profit for the financial year 1,860,519 2,530,839 2,337,652 2,139,087 Adjustments for: Allowance for: - impairment of receivables, deposits and prepayments 117,149 147,832 – – - inventories obsolescence 9,812 22,669 – – Amortisation of intangible assets 180,030 137,453 – – Bad debts recovered (17,030) (14,267) – – Depreciation of property, plant and equipment 1,182,586 1,011,288 – – Dividend income – – (2,606,000) (2,360,000) ESOS expense 2,427 668 – – Finance costs 338,663 267,500 333,966 282,260 Finance income (51,057) (39,873) (88,506) (85,765) Loss on disposal of property, plant and equipment – 1,761 – – Property, plant and equipment written off 132,835 40,647 – – Provision for: - network construction costs and settlements 4,100 – – – - site rectification and decommissioning works – 901 – – - staff incentive scheme 50,092 49,314 – – Reversal of allowance for: - impairment of receivables, deposits and prepayments (20,072) (12,335) – – - inventories obsolescence (6,578) (1,165) – – Tax expenses 716,041 473,237 1,556 827 Unrealised (gain)/loss on foreign exchange (4,862) 8,264 – 1 Write-back of provision for: - site rectification and decommissioning works (1,440) – – – - staff incentive scheme (9,017) (166) – – 4,484,198 4,624,567 (21,332) (23,590) The notes on pages 103 to 184 form part of these financial statements.