ANNUAL REPORT
2016
.59
GROUP
2016
2015
$¡¯000
$¡¯000
Cash flows from operating activities
Loss before tax
(4,414)
(4,841)
Adjustments for:
Deferred income
(3,333)
(3,333)
Depreciation of property, plant and equipment
1,640
1,452
Amortisation of other assets
893
528
Gain on disposal of property, plant and equipment
(9)
(22)
Impairment loss on intangibles (goodwill)
¨C
1,970
Interest income
(120)
(71)
Interest expense
1,052
164
Operating cash flows before changes in working capital
(4,291)
(4,153)
Inventories
(19,070)
(12,898)
Trade and other receivables
(1,251)
(602)
Other assets
(712)
788
Other liabilities
2,240
5,730
Trade and other payables
3,205
(2,007)
Net cash flows used in operations
(19,879)
(13,142)
Income taxes paid
(184)
(68)
Net cash flows used in operating activities
(20,063)
(13,210)
Cash flows from investing activities
Net cash used in acquisition of a subsidiary (Note 23)
¨C
(1,356)
Purchase of property, plant and equipment (Notes 13 and 18B)
(2,991)
(4,303)
Disposal of property, plant and equipment
87
116
Interest received
120
71
Net cash flows used in investing activities
(2,784)
(5,472)
Cash flows from financing activities
Increase of other financial liabilities
22,678
3,639
Finance lease repayment
(1,705)
(1,946)
Dividends paid to equity owners
¨C
(7,420)
Interest paid
(1,052)
(164)
Net cash flows from (used in) financing activities
19,921
(5,891)
Net decrease in cash and cash equivalents
(2,926)
(24,573)
Cash and cash equivalents, statement of cash flows, beginning balance
9,221
33,794
Cash and cash equivalents, statement of cash flows, ending balance (Note 18A)
6,295
9,221
The accompanying notes form an integral part of these financial statements.
CONSOLIDATED
STATEMENT OF CASH FLOWS
CONSOL I DAT ED
S TAT EMEN T OF
CA SH F LOWS
YEAR ENDED
31 MARCH, 2016
