DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
|
Annual Report
2015
68
Statement of
Cash Flow
for the year ended 31 December 2015 (cont’d)
Group
Company
2015
2014
2015
2014
Note
RM
RM
RM
RM
Restated
Cash flows from investing activities
Increase in investment in an existing
associate/ acquisition of associate
- (51,047,095)
- (51,047,095)
Acquisition of other investments
- (60,000,000)
- (60,000,000)
Acquisition of property, plant
and equipment, net of interest
capitalised
(i) (42,631,060) (119,118,206)
-
(8,300)
Acquisition of subsidiary, net of cash
and cash equivalents acquired
36 (1,055,698,558)
- (848,757,212)
-
Dividends received
-
-
30,940,000 57,980,000
Dividends received from
quoted associate
-
4,226,606
-
4,226,606
Proceeds from disposal of
other investments
76,356,984
-
76,356,984
-
Proceeds from disposal of associate
250,888,064
-
Proceeds from disposal of
property, plant and equipment
186,613
526,000
-
-
Placement of fixed deposits pledged
(2,229,026)
-
-
-
Net cash used in investing activities
(773,126,983) (225,412,695) (741,460,228) (48,848,789)
Cash flows from financing activities
Dividends paid to owners
of the Company
(30,698,498) (57,749,996) (30,698,498) (57,749,996)
Proceeds from borrowings
674,391,000 80,296,000 674,391,000
-
Repayment of borrowings
(88,892,838) (48,730,106)
- (20,000,000)
Proceeds from private
placement of shares
- 175,577,000
- 175,577,000
Share issue expenses
-
(2,961,387)
-
(2,961,387)
Term loan interest paid
(58,431,749) (3,998,705) (15,494,714)
(675,123)
Net cash from financing activities
496,367,915 142,432,806 628,197,788 94,190,494
Net increase/(decrease) in cash
and cash equivalents
14,405,688 92,984,731 (34,551,094) 33,789,502
Effect of exchange rate fluctuation
on cash held
9,012,672
-
-
-
Cash and cash equivalents at 1 January
194,896,212 101,911,481 52,828,662 19,039,160
Cash and cash equivalents at 31 December
218,314,572 194,896,212 18,277,568 52,828,662
