APM AUTOMOTIVE HOLDINGS BERHAD
46
Group
Company
Note
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Restated
Cash flows from operating activities
Profit before tax
145,285
182,004
65,585
137,357
Adjustments for:
Amortisation of intangible assets
9
351
412
-
-
Amortisation of prepaid lease payments
4
93
96
-
-
Depreciation of property, plant and equipment
3
31,778
24,886
125
270
Change in fair value of investment properties
5
(5,434)
(3,755)
-
-
Employee benefits
17
1,541
1,458
-
321
Finance costs
22
1,326
339
186
151
Interest income
23
(9,791)
(10,311)
(1,086)
(993)
(Gain)/Loss on disposal of property, plant and
equipment
(1,029)
(134)
51
80
Provision of warranties
19
3,765
19,328
-
-
Provision of warranties reversed
19
(1,148)
(441)
-
-
Property, plant and equipment written off
3,358
88
-
-
Share of profit of associate, net of tax
(228)
(448)
-
-
Share of profit of joint ventures, net of tax
(975)
(8,968)
-
-
Operating profit before changes in working
capital
168,892
204,554
64,861
137,186
Deposits and prepayments
19,360
(56,583)
49
747
Inventories
22,813
(59,388)
-
-
Trade and other payables, including derivatives
5,612
50,799
(1,745)
(25,635)
Trade and other receivables, including
derivatives
(5,069)
(57,098)
6,777
(7,507)
Cash generated from operations
211,608
82,284
69,942
104,791
Employee benefits paid
17
(394)
(2,435)
-
(1,050)
Interest received
23
9,791
10,311
1,086
993
Interest paid
22
(1,326)
(339)
(186)
(151)
Warranties paid
19
(4,661)
(4,859)
-
-
Income tax refund
2,698
-
133
-
Income tax paid
(43,160)
(39,642)
(160)
(348)
Net cash generated from operating activities
174,556
45,320
70,815
104,235
STATEMENTS OF
CASH FLOWS
For the Year Ended 31 December 2014
