Proceeds from disposal of property plant and equipment 20000 12000000 Real

Proceeds from disposal of property plant and

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Proceeds from disposal of property, plant and equipment 20,000 12,000,000 - - Real property gains tax paid (57,733) (360,000) - - Net cash from/(used in) investing activities 430,971 (4,605,817) (115,505) (16,160,534) Group Company STATEMENTS OF CASH FLOWS (con’t) FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2018
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IMPIANA HOTELS BERHAD (formerly known as Bio Osmo Berhad) (740838-A) | Annual Report 2018 (formerly known as Bio Osmo Berhad) (740838-A) 72 Period from Period from 1.7.2017 to Year ended 1.7.2017 to Year ended 31.12.2018 30.6.2017 31.12.2018 30.6.2017 Note RM RM RM RM Cash Flows from Financing Activities * Dividend paid to non-controlling interest (562,500) - - - Net (repayment to)/advances from third parties (1,337,500) 4,322,297 (1,337,500) 4,322,297 Proceeds from issuance of shares - 17,365,835 - 17,365,835 (Repayment to)/Advances from directors (239,003) 38,680 - - Share issuance expenses paid - (1,114,316) - (1,114,316) Net cash (used in)/from financing activities (2,139,003) 20,612,496 (1,337,500) 20,573,816 Net changes in cash and cash equivalents (1,951,496) 1,458,503 (1,470,204) 1,369,645 Effect of exchange rate changes on cash and cash equivalents (6,808) 120 - - Cash and cash equivalents at the beginning of the financial period/year 2,083,242 624,619 1,579,135 209,490 Cash and cash equivalents at the end of the financial period/year 124,938 2,083,242 108,931 1,579,135 Group Company CASH AND CASH EQUIVALENTS Cash and bank balances 124,938 2,083,242 108,931 1,579,135 Deposits with a licensed bank - 305,700 - - 124,938 2,388,942 108,931 1,579,135 Less: Deposits with a licensed bank pledged - (305,700) - - 124,938 2,083,242 108,931 1,579,135 * Changes in liabilities arising from financing activities are changes arising from cash flows. The annexed notes form an integral part of, and should be read in conjunction with, these financial statements. STATEMENTS OF CASH FLOWS (con’t) FOR THE FINANCIAL PERIOD ENDED 31 DECEMBER 2018
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