LEEKEE INDUSTRIES (M) SDN - teo seng capital berhad

TEO SENG CAPITAL BERHAD
(Incorporated In Malaysia)
Company No : 732762 - T
STATEMENTS OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2011
Group
Company
Note 2011 2010 2011 2010
RM RM RM RM
Restated
BROUGHT FORWARD 23,059,736 21,273,052 2,670,516 (1,820,556)
CASH FLOWS FROM INVESTING ACTIVITIES
Dividend received 193 107 4,875,000 15,050,000
Acquisition of subsidiary, net of cash and
cash equivalents acquired 28 341,137 - (240,005) (2)
Subscription of additional shares in
subsidiaries - - (3,000,000) (10,034,000)
Proceeds from disposal of property, plant
and equipment 25,000 76,500 - -
Purchase of property, plant and
equipment 5(d) (15,423,796) (11,408,797) (501,232) (161,180)
NET CASH (USED IN)/FROM INVESTING
ACTIVITIES (15,057,466) (11,332,190) 1,133,763 4,854,818
CASH FLOWS FROM FINANCING ACTIVITIES
Net (increase)/decrease in fixed deposits
pledged (19,288) 1,066,478 - -
Net movements in bankers' acceptances 12,826,000 (5,386,000) - -
Proceeds from term loans 3,000,000 - - -
Repayment of term loans (1,179,938) (1,707,051) - -
Repayment of hire purchase payables (3,936,154) (2,857,092) - -
Dividends paid (3,400,000) (3,199,999) (3,400,000) (3,199,999)
NET CASH FROM/(USED IN) FINANCING
ACTIVITIES 7,290,620 (12,083,664) (3,400,000) (3,199,999)
NET INCREASE/(DECREASE) IN CASH AND
CASH EQUIVALENTS 15,292,890 (2,142,802) 404,279 (165,737)
EFFECT OF EXCHANGE DIFFERENCES 103,172 22,473 - -
CASH AND CASH EQUIVALENTS AT
BEGINNING OF THE FINANCIAL YEAR 4,711,262 6,831,591 521,534 687,271
CASH AND CASH EQUIVALENTS AT END OF
THE FINANCIAL YEAR 30 20,107,324 4,711,262 925,813 521,534
The annexed notes form an integral part of these financial statements. Page 19