TAN CHONG MOTOR HOLDINGS BERHAD
Annual Report 2014
50
Group
Company
Note
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Cash flows from investing activities
Acquisition of property, plant and equipment
3
(305,234)
(186,752)
(520)
(259)
Acquisition of prepaid lease payments
5
(20,703)
(7,620)
-
-
Acquisition of other investments
(340,472)
(103,172)
-
-
(Advances to)/Repayment from subsidiaries
-
-
(702,694)
159,530
Subscription to subsidiaries’ share capital
-
-
(27,415)
(59,435)
Acquisitions of subsidiary
-
(2,350)
-
-
Dividends received from:
Unquoted subsidiaries
-
-
71,200
64,875
Joint venture
100
-
100
-
Proceeds from disposal of property, plant and
equipment
44,919
26,635
242
905
Proceeds from disposal of unquoted subsidiaries
-
-
-
39,335
Proceeds from disposal of other investments
365,900
151,000
9,850
15,000
Net cash (used in)/from investing activities
(255,490)
(122,259)
(649,237)
219,951
Cash flows from financing activities
Dividends paid to shareholders of the Company
29
(58,753)
(102,818)
(58,753)
(102,818)
Dividends paid to non-controlling interests
(300)
(300)
-
-
Purchase of own shares
(181)
(14)
(181)
(14)
Proceeds from bills payable
1,207,337
864,284
-
-
Repayment of bills payable
(1,448,863)
(764,201)
-
-
Net proceed from Medium Term Notes
746,591
-
746,591
-
Proceeds from term loans, Cagamas financing and
revolving credit
728,336
496,967
-
-
Repayment of term loans, Cagamas financing and
revolving credit
(1,292,058)
(570,355)
(50,000)
(80,000)
Net cash (used in)/from financing activities
(117,891)
(76,437)
637,657
(182,832)
Net increase/(decrease) in cash and cash equivalents
25,404
(328,150)
(22,790)
23,224
Effects of exchange rate fluctuations on cash and
cash equivalents
3,544
4,848
-
-
Cash and cash equivalents at 1 January
312,574
635,876
26,246
3,022
Cash and cash equivalents at 31 December
341,522
312,574
3,456
26,246
STATEMENTS OF CASH FLOWS
for the year ended 31 December 2014
