GROUP
COMPANY
2014
2013
2014
2013
RM
RM
RM
RM
CASH FLOWS FROM
OPERATING ACTIVITIES
Profit/(Loss) before tax
(26,695,073) 7,227,705 (1,382,292)
(576,085)
Adjustments for:
Amortisation of development costs
22,966
22,966
–
–
Amortisation of intangible assets
236,775
236,775
–
–
Depreciation of property,
plant and equipment
20,366,854 8,267,271
–
–
Exceptional item:
Impairment loss on property,
plant and equipment
7,608,560
–
–
–
Intangible assets written off
–
148,250
–
–
Finance costs
50,281
157,179
–
–
Gain on dispsosal of property,
plant and equipment
–
(3,225)
–
–
Interest income
(473,343)
(352,549)
(246)
(2,600)
Share option expenses
826,800
–
826,800
–
Operating profit/(loss) before working
capital changes
1,943,820 15,704,372
(555,738)
(578,685)
Changes in working capital:
(Increase)/Decrease in trade
receivables
6,358,616 (2,140,014)
–
–
(Increase)/Decrease in other
receivables and prepaid expenses
264,300 (3,462,730)
–
–
Decrease in deferred expenditure
–
20,000
–
20,000
Increase in amount owing by subsidiary
–
– (15,086,526) (56,825,270)
Increase/(Decrease) in trade payables 1,089,694
(883,849)
–
–
Increase/(Decrease) in other payables
and accrued expenses
(951,145) (11,628,893)
42,266
(109,780)
Increase in amount owing to director
961,207
–
–
–
Cash Generated From/(Used In)
Operations
9,666,492 (2,391,114) (15,599,998) (57,493,735)
Finance costs paid
(50,281)
(157,179)
–
–
Interest received
473,343
352,549
246
2,600
Tax paid
(1,090)
(5,166)
–
–
Net Cash From/(Used In) Operating
Activities
10,088,464 (2,200,910) (15,599,752) (57,491,135)
Asia Media Group Berhad Annual Report 2014
75
STATEMENTS OF CASH FLOWS
For the year ended 31st December 2014
