STATEMENTs of cash flows
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014
Group
Company
Note
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit before tax
198,480
64,319
110,689
49,431
Adjustments for:
Property, plant and equipment:
- Depreciation charge
74,450
56,242
421
386
- Written off
168
107
-
-
- Gain on disposal
(158)
(197)
-
-
Amortisation of prepaid lease payments
3,022
2,657
-
-
Depreciation of investment properties
365
384
219
249
Amortisation of other intangible assets
22
22
-
-
Gain on disposal of available for-sale-financial assets
-
(109)
-
-
Gain on disposal of subsidiaries
-
-
(63,364)
-
Inventories:
- Allowance for obsolescence
980
3,380
-
-
- Write back of allowance for obsolescence
(51)
(66)
-
-
- Written off
230
135
-
-
Gain on remeasurement on disposal of an associate
-
(3,348)
-
-
Impairment loss on investment in
- subsidiary
-
-
640
900
- joint ventures
7,286
-
-
-
Impairment loss on amount owing by an associate
47
47
-
-
Impairment loss on property, plant and equipment
14,548
-
-
-
Share of results of associates
(7,562)
(927)
-
-
Impairment loss on amount owing by a joint venture
120
9
-
-
Share of results of joint ventures
6,907
3,002
-
-
Negative goodwill on acquisition of a new subsidiary
-
(3,601)
-
-
Reversal of impairment loss of investment property
-
(171)
-
-
Reversal of unrealised loss from sale of
equipment to a joint venture
(182)
-
-
-
Written off of biological assets
356
-
-
-
Written off of other intangible assets
678
-
-
-
Net impairment on trade and other receivables
2,540
16,939
-
15
61
Wah Seong Corporation Berhad • Annual Report 2014
