L a p o r a n T a h u n a n 2 0 0 0 A n n u a l R e p o r t - ChartNexus

Cash Flow StatementsFor the financial period of seventeen months ended 31 December 2000CASH FLOW FROM OPERATING ACTIVITIESGroupCompany17 months Financial 17 months Financialended year ended ended year ended31.12.2000 31.7.1999 31.12.2000 31.7.1999RM RM RM RMNet profit attributable to shareholders 5,421,466 31,927,898 14,341,336 20,998,557Adjustments for:Depreciation of property, plant and equipment 4,134,074 1,838,380 1,228,755 421,434Dividend income – – (17,395,000) (23,310,005)(Gain)/loss on disposal of property, plantand equipment (29,622) 1,613 (26,016) 7,301Interest expense 781,816 244,338 – –Interest income (1,336,280) (451,275) (7,715,282) (6,682,292)Minority interest 3,751,734 859,679 – –Overprovision of development expenditurewritten back – (168,042) – –Overprovision of doubtful debts written back (1,054,340) – – –Property, plant and equipment written off 621 23,962 – 11,381Provision for doubtful debts 527,723 3,229,289 – 200,000Share of an associated company’s (profit)/loss (256,312) 551,366 – –Taxation 6,864,697 2,922,713 6,039,800 5,763,40118,805,577 40,979,921 (3,526,407) (2,590,223)(Increase)/decrease in development properties (44,156,633) 10,517,850 – –(Increase)/decrease in receivables (36,116,972) (60,027,059) (6,347,955) (6,161,010)Increase/(decrease) in payables 5,060,832 (6,964,287) (3,796,474) (1,038,555)Net cash flow from operations (56,407,196) (15,493,575) (13,670,836) (9,789,788)Interest paid (781,816) (244,338) – –Interest received 1,336,280 451,275 7,715,282 6,682,292Taxation paid (9,471,452) (9,011,993) (260,996) (465,709)Net cash flow from operating activities (65,324,184) (24,298,631) (6,216,550) (3,573,205)UNITED MALAYAN LAND BHD41