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5143 1732136937416.pdf


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LUXCHEM CORPORATION BERHAD
(Company No: 224414-D)
(Incorporated in Malaysia)
QUARTERLY FINANCIAL REPORT AS AT 30 SEPTEMBER 2016

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

Current Year
to date Ended
30-Sep-16
RM
Cash flows from oper ating activities
Profit before taxation
Adj us tments for :Amortisation of i ntangi bl e as s ets
Depreci ation of property, pl ant and equi pment
Amortisation of i nvestment property
Defined benefi t obl i gati ons
Di vi dend i ncome
Loss of di spos al of a n i nvestment
Net gai n on c hanges i n fa i r val ue of forward exchange contracts
Net gai n on di spos al of pr operty, pl ant and equi pment
Impai rment l os ses on tra de receivabl es
Interes t income
Interes t expense
Inventori es wri tten off
Wri te down i n va l ue of i nventori es
Property, pl ant and equi pment wri tten off
Unreal i sed los s on for eign exchange
Revers al of i mpai rment l os ses on tra de receivabl es
Share opti ons expense

40,440,230

Pre ceding Year
Corresponding
Period Ended
31-Dec-15
RM
54,396,582

106,262
1,139,097
1,955
(126,448)
(28,705)
(32,767)
(1,145,212)
1,998,284
162,905
(49,048)
2,032,520

104,978
1,566,704
2,607
70,049
(12,286)
16,325
50,432
551,501
(1,81 2,442)
2,391,878
691,806
527,369
3,362
(334,807)
(938,743)
4,432,101

Operating profit before working capital changes
Decrease / (Increas e) in i nventori es
Decrease / (Increas e) in tra de and other receivabl es
(Decrease) / Increas e in trade and other payabl es

44,499,074
16,601,649
16,062,959
(17,309,167)

61,707,416
(16,683,991)
(10,919,331)
21,462,596

Cash generate d from oper ations
Tax pa i d
Interes t received
Interes t pai d
Retirement benefi t pai d
Net cash (used in)/from operating activities

59,854,516
(14,885,373)
1,145,212
(1,998,284)
44,116,071

55,566,690
(9,38 0,237)
1,812,442
(2,39 1,878)
(681)
45,606,336

Cash flows from investing activities
Acqui si tion of a s ubs i di ary
Purchase of property, pl ant and equi pment
Purchase of intangi bl e as sets
Purchase of an i nvestment
Addi tiona l i nj ection of c api tal from Non-control l i ng i nterest
Proceeds from dispos al of a n i nvestment
Proceeds from dispos al of property, pl ant and equi pment
Di vi dend recei ved
Net cash us ed in i nvesting acti vi ties

(34,938,968)
(5,604,009)
(58,695)
452,550
34,689
126,448
(39,987,985)

(3,05 1,361)
(212,873)
(24,840)
8,675
12,286
(3,26 8,113)

Cash flows from financing activities
Proceeds from issuance of shares under ESOS
Term Loan repa yment
Bankers ' acc eptances obtai ned, net of repayment
Hire purchase ins tal ments pa i d
Di vi dend pa i d
Net cash from/(used in)/ financing activities

3,617,563
(838,954)
(3,656,163)
472,594
(19,219,634)
(19,624,594)

3,644,674
6,194,633
(102,881)
(13,196,700)
(3,46 0,274)

(15,496,508)
113,253,287
89,509

38,877,949
74,157,347
217,991

Net (decrease)/increase in cash and cash equivalents
Cash and cash equivalents at beginning of year
Foreign exchange difference
Cash and cash equivalent at end of the period
Cash and cash equivalents at end of year comprised:Deposits with financial institutions
Cash and bank balances

97,846,288

113,253,287

34,196,732
63,649,555
97,846,288

52,994,934
60,258,353
113,253,287

The condensed consolidated statement of cash flows should be read in conjunction with the audited financial
statements for the financial year 31 December 2015 and the accompanying explanatory notes attached to this
quarterly financial report.

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