Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 101 FINANCIAL STATEMENTS CORPORATE GOVERNANCE ANALYSIS OF SHAREHOLDINGS OTHER INFORMATION ANNUAL GENERAL MEETING Group Company 2012 2011 2012 2011 RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES (continued) Payment under staff incentive scheme (36,401) (44,206) – – Payments for site rectification and decommissioning works (2,369) (3,505) – – Payment for ESOS – Equivalent Cash Consideration (5,064) (5,064) – – Operating cash flows before working capital changes 4,440,364 4,571,792 (21,332) (23,590) Changes in working capital: Inventories (10,815) 82,345 – – Receivables (143,165) (43,562) 396 309 Payables (224,940) (286,407) (950) 32 Related parties balances 6,213 (22,366) – – Fellow subsidiaries balances (1,891) (947) 200 17 Immediate holding company balances 5,036 4,793 (1) – Cash flow from/(used in) operations 4,070,802 4,305,648 (21,687) (23,232) Dividends received – – 2,581,000 2,360,000 Interest received 46,959 39,651 88,679 87,659 Tax paid (697,129) (633,803) (526) (1,091) Net cash flow from operating activities 3,420,632 3,711,496 2,647,466 2,423,336 CASH FLOWS FROM INVESTING ACTIVITIES Loans to subsidiaries – – (1,000,000) (472,200) Loans repayment from a subsidiary – – 1,032,500 634,200 Purchase of intangible assets (272,383) (177,683) – – Purchase of property, plant and equipment (717,361) (988,685) – – Purchase of available-for-sale investment – (50) – – Proceeds from disposal of property, plant and equipment – 492 – – Net cash flow (used in)/from investing activities (989,744) (1,165,926) 32,500 162,000 The notes on pages 103 to 184 form part of these financial statements.