Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 66 Group Company 2017 2016 2017 2016 Note RM RM RM RM Changes in working capital: Inventories (59,156) - - - Trade and other receivables (134,368) (235,441) - 525,057 Trade and other payables 368,608 (2,235,310) 360,556 27,416 Directors 515,630 (2) - - Subsidiary companies - - 67,016 - 690,714 (2,470,753) 427,572 552,473 Cash generated from/ (used in) operations 2,900,011 (3,061,056) (1) - Interest paid (52,303) (57,318) - - Interest received 159,460 359,466 188 160 Tax paid (282) (250) - - 106,875 301,898 188 160 Net cash generated from/ (used in) operating activities 3,006,886 (2,759,158) 187 160 Cash Flows from Investing Activities Proceeds from disposal of property, plant and equipment - 1,000 - - Proceeds from disposal of subsidiary companies - 2 - - Purchase of property, plant and equipment 4 (7,508,518) (2,575,919) - - Net cash used in investing activities (7,508,518) (2,574,917) - - Cash Flows from Financing Activity Repayment of short-term borrowings, representing the net cash used in financing activity 21 (1,500,000) - - - STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 (cont’d)