ENRICHING LIVES EXPANDING HORIZONS - Maxis

MAXIS BERHAD
ANNUAL REPORT 2011
113
Financial Statements
STATEMENTS OF
CASH FLOWS
For the financial year ended 31 December 2011
GROUP
COMPANY
RESTATED
NOTE 2011 2010 2011 2010
RM’000 RM’000 RM’000 RM’000
CASH FLOWS FROM OPERATING ACTIVITIES
Profit for the financial year 2,530,839 2,295,414 2,139,087 2,435,358
Adjustments for:
Allowance for:
- impairment of receivables, deposits
and prepayments 37(b) 147,832 122,610 0 0
- inventories obsolescence 22,669 13,424 0 0
Amortisation of intangible assets 137,453 74,592 0 0
Bad debts recovered (14,267) (9,351) 0 0
Depreciation of property, plant and
equipment 1,011,288 975,848 0 0
Dividend income 0 0 (2,360,000) (2,615,000)
ESOS expense 668 0 0 0
Finance costs 267,500 239,600 282,260 220,118
Finance income (39,873) (28,758) (85,765) (61,019)
Loss/(gain) on disposal of property,
plant and equipment 1,761 (839) 0 0
Property, plant and equipment
written off 40,647 22,673 0 0
Provision for:
- staff incentive scheme 49,314 49,699 0 0
- site rectification and
decommissioning works 901 47 0 0
Reversal of allowance for:
- impairment of receivables, deposits
and prepayments 37(b) (12,335) (4,089) 0 0
- inventories obsolescence (1,165) (7,826) 0 0
Tax expenses 473,237 837,088 827 910
Unrealised loss/(gain) on foreign
exchange 8,264 (2,930) 1 0
Write-back of provision for:
- staff incentive scheme (166) (11,420) 0 0
- site rectification and
decommissioning works 0 (3,814) 0 0
4,624,567 4,561,968 (23,590) (19,633)
The notes on pages 116 to 196 form part of these financial statements.