2001 Annual Report - Kian Joo Can

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C O N S O L I D ATED CASH FLOW STAT E M E N T for the year ended 31 December 2001 (c o n t ’ d) NOTE 2000 RM'000 (a) Analysis of the effects of subsidiary company acquired:- Property, plant and equipment 64,547 Inventories 12,010 Debtors 11,200 Creditors (53,077) Bank borrowings (32,063) Cash and bank balances net of bank overdraft 398 Net assets acquired 3,015 Goodwill arising from acquisition of subsidiary 9,327 Total purchase consideration discharged by cash 12,342 Add : Cash and cash equivalents acquired (398) 11,944 (b) Included in purchase of pro p e rt y, plant and equipment during the year was RM22,343,000 (2000: RM18,751,000) fully paid for in cash and RM Nil (2000: RM45,000) was financed through hire purchase arrangement. (c) Cash and cash equivalents comprise the following:- 2001 2000 RM'000 RM'000 Cash and bank balances 10,943 13,570 Deposits with licensed banks 49,113 22,212 Bank overdrafts (Note 13) (6,404) (5,937) 53,652 29,845 The annexed notes form an integral part of these financial statements. KIAN JOO CAN FACTORY BERHAD (3186-P) 2001 / Annual Report . 35
CASH FLOW STAT E M E N T for the year ended 31 December 2001 CASH FLOWS FROM OPERATING ACTIVITIES 2001 2000 NOTE RM'000 RM'000 Receipt from customers 107,849 116,970 Payment to suppliers (62,390) (72,664) Payment for operating expenses (34,679) (31,082) Other receipts 3,567 1,119 Cash generated from operations 14,347 14,343 Interest paid (3,430) (961) Income tax paid (3,379) (6,118) Net cash generated from operating activities 7,538 7,264 CASH FLOWS FROM INVESTING ACTIVITIES Dividend received from subsidiary companies 24,906 23,985 Dividend received from an associated company - 3,750 Purchase of property, plant and equipment (a) (2,303) (2,846) Proceeds from disposal of property, plant and equipment 57 233 Proceeds from disposal of investment 150 150 Proceeds from disposal of an associated company 728 4,196 Investment in subsidiary company (3,600) (12,342) Interest received 1,306 980 Net cash generated from investing activities 21,244 18,106 CASH FLOW FROM FINANCING ACTIVITIES Proceeds from term loan 70,000 50,000 Dividends paid (11,572) (23,144) Associated company (advances)/repayments (1,326) 1,417 Inter-company repayments 17,402 25,386 Inter-company advances (86,598) (85,123) Net cash used in financing activities (12,094) (31,464) NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 16,688 (6,094) CASH AND CASH EQUIVALENTS BROUGHT FORWARD 677 6,771 CASH AND CASH EQUIVALENTS CARRIED FORWARD (b) 17,365 677 NOTE (a) (b) Purchase of property, plant and equipment during the year was fully paid for in cash. Cash and cash equivalents comprise the following:- 2001 2000 RM'000 RM'000 Cash and bank balances 319 469 Deposits with licensed banks 17,986 1,000 Bank overdrafts (Note 13) (940) (792) 17,365 677 The annexed notes form an integral part of these financial statements. 36 . Annual Report / 2001 KIAN JOO CAN FACTORY BERHAD (3186-P)
Page 1 and 2: (Incorporated In Malaysia) (3186-P)
Page 3 and 4: NOTICE OF Annual General Meeting NO
Page 5 and 6: CORPORATE Information DIRECTORS Y.A
Page 7 and 8: FIVE YEAR Financial Highlights 2001
Page 9 and 10: PROFILE OF Directors YAM TUNKU NAQU
Page 11 and 12: PROFILE OF Directors (Cont’d) SEE
Page 13 and 14: Corporate Governance Statement (Con
Page 15 and 16: Corporate Governance Statement (Con
Page 17 and 18: AUDIT COMMITTEE Report MEMBERSHIPS
Page 19 and 20: AUDIT COMMITTEE Report (Cont’d) S
Page 21 and 22: CHAIRMAN’S Statement (Cont’d) G
Page 23 and 24: D I R E C T O R S ’ R e p o r t T
Page 25 and 26: D I R E C T O R S ’ R e p o r t (
Page 27 and 28: D I R E C T O R S ’ R e p o rt (
Page 29 and 30: STATEMENT BY DIRECTORS Pursuant to
Page 31 and 32: BALANCE SHEETS as at 31 December 20
Page 33 and 34: CONSOLIDATED STATEMENT OF CHANGES I
Page 35: C O N S O L I D ATED CASH FLOW STAT
Page 39 and 40: NOTES TO THE FINANCIAL STAT E M E N
Page 59 and 60: LIST OF PROPERT I E S as at 31 Dece
Page 61 and 62: A N A LYSIS OF SHAREHOLDINGS as at
Page 63 and 64: D A I N R A E C LYSIS T O R S OF
Page 65: Please fold here Affix stamp here T

2001 Annual Report - Kian Joo Can

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