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financiAL STATEMENTs
Annual Report 2017
97
STATEMENTS OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2017
Group
Company
2017
2016
2017
2016
RM’000
RM’000
RM’000
RM’000
CASH FLOWS FROM INVESTING ACTIVITIES
Purchase of property, plant and equipment
(5,302)
(10,796)
(21)
(26)
Additions to biological assets
(8,682)
(6,985)
-
-
Proceeds from disposal of property, plant and equipment
-
71
-
-
Proceeds from plantation investment compensation
-
711
-
-
Acquisition of subsidiary, net cash acquired
-
(4,162)
-
-
Repayment of obligations under finance lease
(645)
(442)
-
-
Dividends received
1,864
-
22,509
47,125
Net cash (used in)/generated from investing activities
(12,765)
(21,603)
22,488
47,099
CASH FLOWS FROM FINANCING ACTIVITIES
Placement of deposits
(23,000)
-
-
-
Dividends paid
(30,144)
(30,174)
(30,144)
(30,174)
Acquisition of treasury shares
(392)
(185)
(392)
(185)
Dividends paid by a subsidiary to non-controlling interests
-
(7,911)
-
-
Redemption of loan stocks investment
-
-
-
24,900
Subscription of loan stocks investment
-
-
(10,000)
(23,000)
Net cash used in financing activities
(53,536)
(38,270)
(40,536)
(28,459)
NET INCREASE/(DECREASE) IN CASH
AND CASH EQUIVALENTS
129,982
4,005
(18,746)
(154)
Effect of exchange rate changes in cash and cash equivalents
5,734
948
-
-
CASH AND CASH EQUIVALENTS AT
BEGINNING OF YEAR
177,593
172,640
39,356
39,510
CASH AND CASH EQUIVALENTS AT END OF YEAR (NOTE 21)
313,309
177,593
20,610
39,356
The accompanying accounting policies and explanatory notes form an integral part of the financial statements.