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Statements of Cash Flows<br />
For the financial year ended 31 December 2011<br />
Group Company<br />
Note 2011 2010 2011 2010<br />
RM’000 RM’000 RM’000 RM’000<br />
Operating activities<br />
Profit/(Loss) before tax<br />
Adjustments for:<br />
91,132 (78,463) 62,837 (96,022)<br />
Amortisation of intangible assets<br />
Amortisation of deferred mine development and<br />
17 176 558 – –<br />
deferred exploration and evaluation expenditure 21 29,698 12,563 – –<br />
Amortisation of land lease payments 16 74 71 – –<br />
Bad debts written-off 10 7,471 37 9 37<br />
Decrease in impairment of investment in subsidiaries<br />
Deferred exploration and evaluation expenditure<br />
11 – – – (135)<br />
written-off 10 – 2,654 – –<br />
Depreciation 15 13,618 16,466 1,448 1,092<br />
Dividend income received from an associate 5 – – (28) (28)<br />
Dividend income received from subsidiaries<br />
Fair value changes in ineffective portion of<br />
derivatives designated as hedging instruments in<br />
5 – – (41,382) (5,445)<br />
cash flow hedge 7 509 (3,751) 509 (212)<br />
Fair value changes in interest rate swap<br />
Loss/(Gain) on disposal of property, plant and<br />
7 (510) 546 (510) 546<br />
equipment 7 825 (20) (123) –<br />
Impairment of goodwill 17 – 5,188 – –<br />
Impairment of property, plant and equipment 15 – 2,013 – –<br />
Impairment of receivables 10 14,808 2,854 8,936 5,932<br />
Impairment on mining assets 21 – 56,357 – –<br />
Impairment of investment in associates 11 8,442 96,638 10,654 135,414<br />
Impairment of investment securities<br />
Impairment of non-current asset classified as held<br />
10,11 16,631 472 16,631 472<br />
for sale 11 – – 810 –<br />
Interest expense 9 23,904 22,234 20,945 18,555<br />
Interest income<br />
Net (gain)/loss on disposal of investment in<br />
6 (12,967) (6,374) (15,143) (9,171)<br />
associates<br />
Net loss on disposal of disposal group classified as<br />
– (3,705) – 178<br />
held for sale 11 254 – 13,545 –<br />
Property, plant & equipment written-off<br />
Provision for mine rehabilitation and severance<br />
10 94 – 1 –<br />
benefits 27 28,162 14,399 – –<br />
Revaluation deficit on property 10 – 265 – –<br />
Reversal of impairment of receivables<br />
Share of results of associates and jointly<br />
7 – (104) – (104)<br />
controlled entity (24,692) (4,382) – –<br />
Unrealised loss/(gain) on exchange 1,288 (3,200) (2,072) 4,888<br />
82<br />
Building on Success: Developing Resources for the Future
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