STATEMENTs of cash flows
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014 (Continued)
Group
Company
Note
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
CASH FLOWS FROM FINANCING ACTIVITIES
Purchase of treasury shares
28
(6,046)
(12,628)
(6,046)
(12,628)
Drawdown from other bank borrowings
940,024
601,138
241,531
116,383
Repayments of other bank borrowings
(749,787)
(448,507)
(209,377)
(63,545)
Drawdown from term loans
-
157,730
-
-
Repayments of term loans
(84,353)
(208,486)
-
-
Drawdown of fixed rate notes
29,278
-
-
-
Payment of hire purchase instalments
-
(27)
-
-
Deferred payments made to non-controlling interests for
additional shares in a subsidiary
(206)
(208)
-
-
Proceeds from non-controlling interests on issuance of
shares by a subsidiary
-
498
-
-
Exercise of warrants net of transaction cost
-
(8)
-
(8)
Dividends paid to owners of the Company
42
(34,704)
(34,605)
(34,704)
(34,605)
Dividends paid to non-controlling interests
(7,134)
(1,648)
-
-
Cash receipts from subscription of redeemable convertible
preference shares by non-controlling interests
8,005
-
-
-
Acquisition of additional shares in a subsidiary
(3,735)
-
-
-
Net cash generated from/(used in) financing activities
91,342
53,249
(8,596)
5,597
NET CHANGES IN CASH AND CASH EQUIVALENTS
(139,706)
57,267
34,988
(41,049)
CASH AND CASH EQUIVALENTS AT BEGINNING OF
THE FINANCIAL YEAR
381,077
313,709
26,419
65,646
EFFECTS OF EXCHANGE RATE CHANGES
3,721
10,101
(1,225)
1,822
CASH AND CASH EQUIVALENTS AT END OF THE
FINANCIAL YEAR
245,092
381,077
60,182
26,419
Represented by:
TIME DEPOSITS
23
95,571
176,792
34,312
19,962
CASH AND BANK BALANCES
24
149,521
204,285
25,870
6,457
CASH AND CASH EQUIVALENTS
245,092
381,077
60,182
26,419
64
Wah Seong Corporation Berhad • Annual Report 2014
