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154
Gamuda Berhad
(29579-T)
• annual report 2014
Consolidated Statement of Cash Flows
For the year ended 31 July 2014
2014
2013
(restated)
RM’000
RM’000
Cash flows from operating activities
Profit before taxation
851,645 656,446
Adjustments for:
Amortisation of concession and quarry rights
3,098
3,098
Amortisation of prepaid land lease payments
425
427
Amortisation of expressway development expenditure
5,474
-
Depreciation
- Property, plant and equipment
16,875
17,847
- Investment properties
707
621
Property, plant and equipment written off
147
264
Impairment of premium paid on water concession assets and goodwill
187,062
-
Net provision for liabilities
7,209
17,020
Provision for retirement benefits
2,225
2,829
Provision for short term accumulating compensated absences
467
638
Provision for foreseeable losses
-
11,779
Net gain on disposal of property, plant and equipment
(2,000)
(3,620)
Share of profits from associated companies
(243,672) (241,206)
Share of profits from joint ventures
(186,072) (121,009)
Gain on remeasurement of previously held interest in
Kesas Holdings Berhad immediately before obtaining control
(194,203)
-
Share options granted under ESOS
1,152
6,144
Unrealised (gain)/loss on foreign exchange
(3,905)
10,531
Distribution from investment securities
(20,331)
(5,783)
Interest income
(28,451)
(24,420)
Interest expense
66,439
51,351
Operating profit before working capital changes
464,291 382,957
Decrease/(increase) in development properties
88,277 (546,401)
Decrease/(increase) in inventories
41,775
(14,267)
(Increase)/decrease in receivables
(797,733) 176,738
(Decrease)/increase in payables
(20,356)
49,102
Cash (used in)/generated from operations
(223,746)
48,129
Income taxes paid
(102,256) (124,807)
Interest paid
(107,043)
(94,518)
Retirement benefits paid
(1,932)
(517)
Net cash used in operating activities
(434,977) (171,713)