SCB Prospectus - Announcements - Bursa Malaysia
SCB Prospectus - Announcements - Bursa Malaysia
SCB Prospectus - Announcements - Bursa Malaysia
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Company No. 462648-V<br />
10. FINANCIAL INFORMATION (CONT’D)<br />
10.3.8 Liquidity and Capital Resources<br />
Our Group's main sources of liquidity and capital consists of a combination of internal<br />
sources of funds derived mainly from cash generated from operations as well as<br />
external sources of funds from capital contribution by our existing shareholders.<br />
(a) Cash Flows<br />
The summary of the consolidated cash flow statement for the audited FYE 31<br />
December 2009 and the six(6)-month FPE 30 June 2010 is as follows:-<br />
104<br />
Audited FYE<br />
31 December<br />
2009<br />
Six (6)-month<br />
FPE 30 June<br />
2010<br />
RM’000 RM’000<br />
Net cash flow from operating activities 8,736 4,842<br />
Net cash flow used in investing activities (2,541) (303)<br />
Net cash flow used in financing activities (5,641) (7,974)<br />
Net increase/(decrease) in cash and cash<br />
554 (3,435)<br />
equivalents<br />
Effect of exchange rate changes on opening cash and<br />
cash equivalents 1,437 (711)<br />
Cash and cash equivalents at the beginning of the year 28,560 30,551<br />
Cash and cash equivalents at the end of the year 30,551 26,405<br />
Net cash flow from operating activities<br />
For the FYE 31 December 2009, our Group generated cash flow from<br />
operating activities before adjustments for working capital of approximately<br />
RM14.57 million. After adjustments for the increase in working capital of<br />
approximately RM5.83 million, our Group’s net cash inflows from operating<br />
activities was approximately RM8.74 million. This amount is lower than<br />
reflected in our income statement due to the fact that the billings were done<br />
towards the end of 2009 and the collection of the trade receivables were only<br />
due and subsequently collected on the following financial quarter.<br />
For the FPE 30 June 2010, the operating profit before working capital<br />
changes amounted to RM5.20 million. However, after adjustments for<br />
working capital such as inventories, amount due from contract customers,<br />
receivables and payables, the net cash inflow from our operations was<br />
RM4.84 million.<br />
Net cash flow used in investing activities<br />
For the FYE 31 December 2009, the cash flow used in investing activities<br />
mainly consists of capital expenditure as below:-<br />
Capital Expenditure Amount<br />
(RM‘000)<br />
Office Furniture 3<br />
Office Equipment 55<br />
Computer Equipment 185<br />
Motor Vehicle 92<br />
Renovation 81<br />
Total 416
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