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Fima CORPORATION Berhad
(197401004110) (21185-P) •
Annual Report 2020
118
Statements of
Cash Flows
For the financial year ended 31 March 2020
Group
Company
2020
2019
2020
2019
RM’000
RM’000
RM’000
RM’000
Operating profit/(loss) before working capital changes
(cont’d.)
42,891
60,634
(467)
(428)
(Increase)/decrease in trade and other receivables
(19,263)
12,613
(1,420)
(123)
Decrease/(increase) in inventories
17,403
(22,768)
-
-
(Decrease)/increase in trade and other payables
(6,323)
(343)
(31)
105
(Increase)/decrease in related company balances
(966)
(151)
2,432
32,045
Cash generated from operations
33,742
49,985
514
31,599
Taxes paid
(16,091)
(14,781)
(138)
(593)
Retirement benefits paid
(77)
(141)
-
-
Net cash generated from operating activities
17,574
35,063
376
31,006
Cash flows from investing activities
Purchase of property, plant and equipment
(17,000)
(22,912)
(227)
(571)
Proceeds from disposal of property, plant and equipment
61
2
-
-
Distribution received from short term investments
5,040
3,342
645
328
Interest income received
210
1,415
39
96
Profit income received
961
718
-
28
Net short term investments
21,092
(104,239)
21,155
(23,752)
Dividends received
-
13,303
25,325
56,630
Net cash generated from/(used in) investing activities
10,364
(108,371)
46,937
32,759
Cash flows from financing activities
Dividends paid to equity holders
(29,965)
(30,048)
(29,965)
(30,048)
Dividends paid by a subsidiary to non-controlling interests
-
(3,845)
-
-
Acquisition of treasury shares
(1,475)
(1,579)
(1,475)
(1,579)
Repayment of:
- lease liabilities
(3,048)
-
-
-
- finance lease obligations
-
(865)
-
-
Subscription of redeemable convertible preference shares/
preference shares/loan stocks investments
-
-
(16,100)
(49,600)
Proceed from redemption of loan stocks investment
-
-
-
15,000
Net cash used in financing activities
(34,488)
(36,337)
(47,540)
(66,227)
Net decrease in cash and cash equivalents
(6,550)
(109,645)
(227)
(2,462)
Effect of exchange rate changes in cash and cash equivalents
(3,754)
1,904
-
-
Cash and cash equivalents at beginning of year
57,855
165,596
854
3,316
Cash and cash equivalents at end of year (Note 24)
47,551
57,855
627
854