UKAF1083 FA2 - September 2016

B.Q2(a) Adapted

Solution
Halim Berhad
Statement of Cash Flows for the year ended 31 March 2016
RM’000 RM’000
Cash Flows From Operating Activities
Profit before tax 968
Adjustments:
Depreciation 214
Gain on disposal (3)
Amortization 25
Interest expense 36
Operating profit before working capital changes 1,240
Increase in inventory (18)
Decrease in trade receivable 4
Decrease in trade payables (60)
Cash generated from operations 1,166
Interest paid (36)
Taxation paid (73)
Net cash from operating activities 1,057

Cash Flows from Investing Activities

Purchase of non-current assets (488)
Proceeds of sale of non-current assets 20
Net cash used in investing activities (468)

Cash Flows from Financing Activities

Proceed of share issue 105
Redemption of debentures (250)
Dividend paid (30)
Net cash from financing activities (175)
Net increase in cash and cash equivalents 414
Cash and cash equivalents at beginning of year (42)
Cash and cash equivalents at end of year 372