Page 129 - SC Annual Report 2018 (ENG)

Securities
Commission
Statement of cash flows Malaysia
for the year ended ANNUAL
REPORT
31 December 2018 2018

2018 2017
Note RM’000 RM’000

cash flows from operating activities
(Deficit)/Surplus before tax (2,044) 2,112
Adjustments for:
Depreciation of property, plant and equipment 3 10,962 11,176
Finance income (31,976) (30,102)
Gain on disposal of plant and equipment (120) (10)

Operating deficit before working capital changes (23,178) (16,824)
Changes in working capital:
Deferred income (1,244) 5,819
Post-employment benefits 4,932 (684)
Trade and other receivables 9,432 (2,530)
Other payables and accruals (1,844) 13,492

Net cash used in operating activities (11,902) (727)

cash flows from investing activities
Maturity of investments in Malaysian Government
Securities and Government Guaranteed Bonds 31,464 1,402
Increase in restricted deposits (6,479) (9,587)
(Increase)/decrease in investments in deposits placed
with licensed banks (43,664) 3,080
Finance income received 32,830 33,449
Proceeds from disposal of plant and equipment 332 156
Acquisition of plant and equipment (7,137) (5,692)

Net cash from investing activities 7,346 22,808

Net (decrease)/increase in cash and cash equivalents (4,556) 22,081
cash and cash equivalents at 1 January 30,633 8,552

cash and cash equivalents at 31 december 26,077 30,633

cash and cash equivalents comprise:
Cash and bank balances 7 16,242 20,128
Deposits placed with licensed banks 7 47,782 41,973

64,024 62,101
Less: Restricted deposits (37,947) (31,468)

26,077 30,633

The notes on pages 120 to 146 are an integral part of these financial statements.

PART 5 »» STATEMENTS, STATiSTiCS ANd ACTiviTiES | 119

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