Annual Report (Complete) - MYCRON Steel Berhad

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