Pg 147 - Berjaya Corporation Berhad

consolidatedcash flow statementfor the year ended 30 April 2006GROUP2006 2005Note RM’000 RM’000CASH FLOWS FROM OPERATING ACTIVITIESReceipts from customers/operating revenue (a) 530,122 715,974Payment to suppliers and prize winners and other operating expenses (422,571) (471,291)Payment for pool betting duties, gaming tax,royalties and other government contributions - (18,729)Development expenditure incurred (66,963) (89,403)Payment of taxes (18,535) (35,727)Tax refund received 3,116 736Other (payments)/receipts (b) (4,307) 6,985Net cash generated from operating activities 20,862 108,545CASH FLOWS FROM INVESTING ACTIVITIESSale of property, plant and equipment 6,879 21,367Sale of properties 113 309Disposal of investment in an associated company 768 -Sale of other investments - 1,405Cash outflow arising from acquisition of a subsidiary company (c) (20,848) -Cash effect on the deconsolidation of a subsidiary company (c) - (11,335)Proceeds from capital distribution by an associated company (d) 302,544 43,396Acquisition of property, plant and equipment (e) (83,081) (51,487)Acquisition of properties (164) -Acquisition of additional equity interest in an associated company (17,679) (27,647)Acquisition of investment in associated companies (8) (78,432)Subscription to rights issue of an associated company (9,733) -Acquisition of additional equity interest in subsidiary company - (4,220)Acquisition of investments (including ICULS 1999/2009put option put to a subsidiary company by financial institutions) (112,550) (209,550)Interest received 12,639 30,595Dividends received 196,240 163,162Repayment from the penultimate holding company (f) 3,904 17,303Repayment of advances by an associated company 4,350 36,614Repayment of advances to an associated company (176,993) (272,577)Advances to related companies (f) (44,821) (10,510)Other payments arising from investments (includingproposed subscription of shares in associated companies) (50,186) (6,590)Net cash generated from/(used in) investing activities 11,374 (358,197)Berjaya Land Berhad (201765-A) Annual Report 200643