Quality - UAC Berhad

Consolidated Cash Flow StatementFor The Financial Year Ended 31 December 2005Note 2005 2004RM'000 RM'000Operating activitiesProfit after taxation 28,190 35,372Adjustments for:Waiver of royalties and technology transfer feesby a former corporate shareholder in a subsidiary (160) 0Taxation 12,216 13,562Depreciation and amortisation 6,421 6,701Gains on disposal of property, plant and equipment (423) (93)Gains on disposal of quoted investments (264) (511)Plant and equipment written off 7 10Dividend income (693) (330)Allowance for diminution in value of quoted shares 366 0Interest income (4,363) (4,090)Interest expenses 0 341,297 50,624Decrease / (Increase) in inventories 1,478 (6,591)Decrease / (Increase) in trade and other receivables 5,533 (4,607)Increase in trade and other payables and provision for warranties 493 2,090Cash from operations 48,801 41,516Tax paid (11,422) (12,410)Net cash from operating activities 37,379 29,106Investing activitiesProceeds from disposal of property, plant and equipment 456 108Proceeds from disposal of quoted investments 1,789 2,881Purchase of property, plant and equipment (5,804) (6,262)Purchase of quoted investments (9,055) (5,727)Dividend received 520 251Interest received 4,135 3,842Net cash used in investing activities (7,959) (4,907)Financing activitiesNet proceeds from issue of share capital 2,371 2,773Dividends paid (17,107) (19,644)Interest paid 0 (3)Net cash used in financing activities (14,736) (16,874)Net increase in cash and cash equivalents during the financial year 14,684 7,325Cash and cash equivalents at beginning of the financial year 153,953 146,628Cash and cash equivalents at end of the financial year 19 168,637 153,953The notes on pages 54 to 80 form part of these financial statements.52 UAC BERHAD (5149-H) (Incorporated in Malaysia)