My EG Services Berhad Annual Report 2019

MY E.G. SERVICES BERHAD [Registration No. 200001003034 (505639-K)] 110 The Group The Company 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 1.10.2018 to 31.12.2019 1.7.2017 to 30.9.2018 RM’000 RM’000 RM’000 RM’000 (Restated) (Restated) Operating profit/(loss) before working capital changes/Balance brought forward 355,018 317,730 (16,787) (25,850) Decrease/(Increase) in inventories 173 (1,586) - - Increase in financing receivables (148,354) (158,049) - - Decrease/(Increase) in trade and other receivables 16,708 (7,720) 10,022 6,699 (Decrease)/Increase in trade and other payables (55,485) 36,198 7,956 1,927 Decrease/(Increase) in amount owing by subsidiaries - - 182,512 (104,753) Increase in amount owing by joint ventures (82) (13) (82) (13) Increase in amount owing by an associate (6) (9,923) - (9,923) Increase in deferred revenue 68 608 - - CASH FROM/(FOR) OPERATIONS 168,040 177,245 183,621 (131,913) Income tax (paid)/refunded (6,311) (496) (2,363) 113 NET CASH FROM/(FOR) OPERATING ACTIVITIES 161,729 176,749 181,258 (131,800) STATEMENTS OF CASH FLOW FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2019 (CONT’D) The annexed notes form an integral part of these financial statements.