Annual Report (Complete) - MYCRON Steel Berhad
Annual Report (Complete) - MYCRON Steel Berhad
Annual Report (Complete) - MYCRON Steel Berhad
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Cash Flow Statements<br />
for the financial year ended<br />
30 June 2010<br />
(continued)<br />
Group<br />
Company<br />
Note<br />
2010<br />
2009<br />
2010<br />
2009<br />
RM<br />
RM<br />
RM<br />
RM<br />
CASH FLOWS FROM INVESTING ACTIVITIES<br />
Purchase of property, plant and equipment<br />
(4,806,932)<br />
(5,378,824)<br />
-<br />
-<br />
Proceeds from disposal of property, plant and<br />
equipment<br />
230,667<br />
-<br />
-<br />
-<br />
Rebate received from supplier on property,<br />
plant and equipment<br />
-<br />
5,388,886<br />
-<br />
-<br />
Dividends received<br />
-<br />
-<br />
-<br />
3,375,000<br />
Net cash (used in)/generated from investing<br />
activities<br />
(4,576,265)<br />
10,062<br />
-<br />
3,375,000<br />
CASH FLOWS FROM FINANCING ACTIVITIES<br />
Dividends paid<br />
Purchase of own shares<br />
-<br />
(52,000)<br />
(3,355,414)<br />
(330,685)<br />
-<br />
(52,000)<br />
(3,355,414)<br />
(330,685)<br />
Net proceeds/(repayment of) from borrowings<br />
23,353,272<br />
(33,978,614)<br />
-<br />
-<br />
Advance from/(repayment to) holding<br />
company<br />
2,989,043<br />
(571,180)<br />
1,500<br />
(200)<br />
Repayment from/(advances to) subsidiaries<br />
-<br />
-<br />
109,231<br />
(1,042,176)<br />
Repayment to other related companies<br />
(1,528,159)<br />
(1,561,214)<br />
(1,153)<br />
-<br />
Net cash generated from/(used in) financing<br />
activities<br />
24,762,156<br />
(39,797,107)<br />
57,578<br />
(4,728,475)<br />
NET (DECREASE)/INCREASE IN CASH AND<br />
CASH EQUIVALENTS<br />
(20,557,616)<br />
11,698,007<br />
(51,496)<br />
(642,738)<br />
CASH AND CASH EQUIVALENTS:<br />
- at beginning of financial year<br />
24,776,062<br />
13,078,055<br />
308,682<br />
951,420<br />
- at end of financial year 24<br />
4,218,446<br />
24,776,062<br />
257,186<br />
308,682<br />
The notes set out on pages 53 to 79 form an integral part of these financial statements.<br />
pg 52 | Mycron <strong>Steel</strong> <strong>Berhad</strong>