Quality - UAC Berhad

Company Cash Flow StatementFor The Financial Year Ended 31 December 2005Note 2005 2004RM'000 RM'000Operating activitiesProfit after taxation 31,594 36,962Adjustments for:Taxation 10,287 13,163Depreciation and amortisation 5,370 5,641Gains on disposal of property, plant and equipment (389) (28)Gains on disposal of quoted investments (264) (511)Dividend income (693) (330)Allowance for diminution in value of quoted shares 366 0Interest income (4,240) (3,996)Rental income (166) (128)Write back of allowance for impairment losses of investment in subsidiary 0 (1,265)Gain on full recovery of loan which was acquired at a discount 0 (1,071)41,865 48,437Decrease / (Increase) in inventories 834 (5,289)Decrease / (Increase) in trade and other receivables 2,645 (3,847)Increase in trade and other payables and provision for warranties 2,361 993Cash from operations 47,705 40,294Tax paid (11,361) (12,355)Net cash from operating activities 36,344 27,939Investing activitiesProceeds from disposal of property, plant and equipment 422 28Proceeds from disposal of quoted investments 1,789 2,881Purchase of property, plant and equipment (5,707) (5,695)Purchase of quoted investments (9,055) (5,727)Payments for acquisition of remaining shares in a subsidiary * 0Dividend received 520 251Interest received 4,023 3,749Rental received 164 108Advances given to subsidiary companies (587) (2,843)Repayments of loan by subsidiary companies 0 2,372Net cash used in investing activities (8,431) (4,876)Financing activitiesNet proceeds from issue of share capital 2,371 2,773Dividends paid (17,107) (19,644)Net cash used in financing activities (14,736) (16,871)Net increase in cash and cash equivalents during the financial year 13,177 6,192Cash and cash equivalents at beginning of the financial year 149,804 143,612Cash and cash equivalents at end of the financial year 19 162,981 149,804* RM2The notes on pages 54 to 80 form part of these financial statements.UAC BERHAD (5149-H) (Incorporated in Malaysia) 53