ANNUAL REPORT 2015
39
Combined Statements of
Cash Flows
Year ended 30 September 2015
Group
2015
2014
$
$
Operating activities
Profit before income tax
15,141,079 15,590,670
Adjustments for:
Depreciation expense
3,455,276 3,127,188
Interest income
(100,990)
(34,226)
Finance costs
32,269
30,544
Dividend income from an associate
–
(80,000)
Dividend income from short-term investments
(122,227)
(114,873)
Loss on property, plant and equipment written off
40,112
–
Gain on disposal of short-term investments
(133,750)
–
Gain on disposal of property, plant and equipment
(4,135)
(13,680)
Fair value gains on short-term investments
(145,939)
(91,188)
Share of results of associates
(56,815)
(87,686)
Operating cash flows before movements in working capital
18,104,880 18,326,749
Trade and other receivables
(1,255,612)
(736,232)
Inventories
181,364
(678,680)
Trade and other payables
335,804
185,021
Cash generated from operations
17,366,436 17,096,858
Interest income
100,990
34,226
Finance costs
(32,269)
(30,544)
Income tax paid
(2,460,280)
(770,428)
Net cash from operating activities
14,974,877 16,330,112
Investing activities
Acquisition of property, plant and equipment [Note (a)]
(5,469,285)
(3,558,494)
Proceeds from disposal of assets held for sale
–
3,750
Proceeds from disposal of property, plant and equipment
15,204
26,738
Proceeds from disposal of short-term investments
3,359,750
–
Dividend income from short-term investments
122,227
114,873
Dividend income from an associate
–
80,000
Acquisition of club membership
–
(203,300)
Acquisition of additional investment in an associate
–
(44,000)
Acquisition of available-for-sale investment
–
(75,000)
Acquisition of short-term investments
(18,449)
(1,001,784)
Net cash used in investing activities
(1,990,553)
(4,657,217)
