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 Statements (continued)For the financial period of seventeen months ended 31 December 2000CASH FLOW FROM INVESTING ACTIVITIESGroupCompany17 months Financial 17 months Financialended year ended ended year ended31.12.2000 31.7.1999 31.12.2000 31.7.1999RM RM RM RMDevelopment expenditure recovered – 168,042 – –Dividend income – – 12,524,400 20,046,605Investment in subsidiary companies – – (4) (749,998)Investment in redeemable preference sharesin associated company (120,000) – – –Proceeds from disposal of property, plantand equipment 134,985 14,601 130,729 206,140Purchase of property, plant and equipment (2,193,807) (564,907) (434,113) (223,220)Share buyback (3) (121,088) (3) (121,088)Net cash flow from investing activities (2,178,825) (503,352) 12,221,009 19,158,439CASH FLOW FROM FINANCING ACTIVITIESDividends paid (15,741,055) (12,499,562) (15,741,055) (12,499,562)Drawdown of short term bank borrowings 76,210,075 31,999,876 – –Proceeds from issuance of cumulativeredeemable preference shares to a minorityshareholder in a subsidiary company – 6,000,000 – –Proceeds from issuance of ordinary shareson exercise of ESOS 384,528 – 384,528 –Net cash flow from financing activities 60,853,548 25,500,314 (15,356,527) (12,499,562)NET (DECREASE)/INCREASE IN CASH ANDCASH EQUIVALENTS (6,649,461) 698,331 (9,352,068) 3,085,672CASH AND CASH EQUIVALENTS AT BEGINNINGOF THE FINANCIAL PERIOD/YEAR 2,431,247 1,732,916 9,783,391 6,697,719CASH AND CASH EQUIVALENTS AT END OFTHE FINANCIAL PERIOD/YEAR (4,218,214) 2,431,247 431,323 9,783,391Cash and cash equivalents comprise:Deposits with licensed banks (Note 19) 1,255,005 6,307,584 – 6,307,584Bank and cash balances (Note 19) 5,921,336 5,593,179 431,323 3,475,807Bank overdraft (Note 21) (11,394,555) (9,469,516) – –(4,218,214) 2,431,247 431,323 9,783,391The notes set out on pages 43 to 62 form an integral part of these financial statements.42