Notes to the Financial Statements - Cahaya Mata Sarawak Bhd

80
Statements of Cash Flows
For the fi nancial year ended 31 December 2011 (contd.)
Group (contd.) Note 2011 2010
RM’000 RM’000
Investing activities
Acquisition of property, plant and equipment 13 (153,092 ) (21,825 )
Proceeds from disposal of property, plant and equipment 645 381
Payment of prepaid land lease payments 14 - (11,500 )
Proceeds from disposal of investment securities 160,770 76,650
Additional costs incurred on intangible assets 17 (47 ) (1,115 )
Additional investments in associates (11,867 ) (720 )
Redemption of redeemable preference shares 4,002 3,439
Dividends received from associates 6,783 9,171
Dividends received from investments 11,797 333
Purchase of investment securities (159,650 ) (58,578 )
Distribution of profi t from jointly controlled entities - 1,650
Net cash infl ow from disposal of subsidiaries 19(d) - 745
Net cash infl ow from disposal of an associate - 464,265
Net cash outfl ow arising from acquisition of subsidiaries 19(b)(i) (25,441 ) -
Acquisition of additional interest in existing subsidiaries - (50,000 )
Proceeds from issuance of shares to non-controlling interests 25,052 281
Net cash fl ows (used in)/from investing activities (141,048 ) 413,177
Financing activities
Drawdown of borrowings 119,283 121,035
Repayment of borrowings (212,790 ) (179,057 )
Repayment of CMS Income Securities 30 (85,000 ) (80,000 )
Proceeds from exercise of employee share options 77 -
Dividends paid to owners of the Company 46 (24,711 ) (12,354 )
Dividends paid to non-controlling interests (19,334 ) (18,893 )
Net cash fl ows used in fi nancing activities (222,475 ) (169,269 )
Net (decrease)/increase in cash and cash equivalents (123,159 ) 335,543
Cash and cash equivalents at 1 January 773,431 437,888
Cash and cash equivalents at 31 December 28 650,272 773,431
The accompanying accounting policies and explanatory notes form an integral part of the fi nancial statements.
Cahya Mata Sarawak Berhad