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KUMPULAN FIMA BERHAD
(11817-V) |
Annual Report
2016
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
Cash flows from operating activities
Profit before tax
111,674
122,302
52,711
41,486
Adjustment for:
Depreciation
- Property, plant and equipment
30,111
29,467
668
659
- Investment properties
1,760
1,602
34
34
Amortisation of biological assets
6,369
5,719
-
-
Net gain on disposal of property,
plant and equipment
(134)
(405)
-
(80)
Gain from plantation investment compensation
(346)
(811)
-
-
Share of profit of associates
(1,665)
(4,141)
-
-
Impairment loss on trade receivables
6,553
3,311
-
-
Impairment loss on goodwill
-
345
-
-
Write back of impairment loss on:
- trade receivables
(3,694)
(2,208)
-
-
- amount due from a subsidiary
-
-
(50)
(200)
Impairment loss on investment in subsidiaries
-
-
455
-
Property, plant and equipment written off
-
90
-
-
Net unrealised forex gain
(1,823)
(7,418)
-
-
Provision for retirement benefits
69
182
-
-
Write down of inventories
1,807
232
-
-
Write off of biological assets
28
-
-
-
Share and options granted under ESS
228
504
172
27
Dividend income
-
-
(52,889)
(42,036)
Interest expense
515
351
38
16
Interest income
(6,481)
(8,153)
(7,493)
(6,281)
Operating profit/(loss) before
working capital changes
144,971
140,969
(6,354)
(6,375)
Decrease/(increase) in inventories
35,444
(18,816)
-
-
Decrease/(increase) in receivables
15,049
(82,496)
91
(282)
Increase in net amount due from
related companies
-
-
(39,413)
(17,668)
(Decrease)/increase in payables
(56,146)
59,607
697
43
Cash generated from/(used in) operations
139,318
99,264
(44,979)
(24,282)
Interest paid
(515)
(351)
(38)
(16)
Taxes paid
(30,904)
(41,529)
(1,396)
(1,760)
Retirement benefits paid
(14)
-
-
-
Net cash generated from/(used in)
operating activities
107,885
57,384
(46,413)
(26,058)