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Annual Report 2016
ASIA MEDIA GROUP Berhad
67
Group
Company
2016
2015
2016
2015
Note
RM
RM
RM
RM
Cash flows from investing
activities
Proceeds from disposal of
property, plant and equipment
1,000
5,000
–
–
Purchase of property, plant
and equipment
(138,191) (13,480,667)
–
–
Additions to plantation
development expenditure
(2,437,688)
–
–
–
Additional investment in a
subsidiary
–
–
– (4,999,998)
Acquisition of investment in a
subsidiary, net of cash
acquired
–
630
–
(2)
Net cash used in investing
activities
(2,574,879) (13,475,037)
– (5,000,000)
Cash flows from financing
activities
Deposits pledged with licensed
bank
–
182,864
–
–
Net cash from financing
activities
–
182,864
–
–
Net (decrease)/increase in
cash and cash equivalents
(5,334,075) (2,829,424)
160
162
Cash and cash equivalents
at beginning of the financial
year
13,431,852 16,261,276
5,943
5,781
Cash and cash equivalents
at the end of the financial year
8,097,777 13,431,852
6,103
5,943
Statements of Cash Flows
(continued)
The accompanying notes form an integral part of the financial statements.