Note 2024 2023 $’000 $’000 (Restated) Operating activities Loss before income tax (3,916) (50,648) Adjustments for: (Reversal)/Provision of loss allowance – Trade and other receivables (438) 662 – Contract assets (283) (714) – Long-term interests 7 4,000 – – Financial guarantee contracts 187 (205) Impairment (reversed)/loss on investment of an associate 7 (27,285) 8,532 Loss on liquidation of a subsidiary 7 – 1,746 Amortisation of intangible assets 7 99 160 Depreciation of investment properties 7 – 166 Depreciation of property, plant and equipment 7 2,382 2,384 Depreciation of right-of-use assets 7 2,415 2,513 Gain on disposal of investment properties 5 – (7,755) Gain on disposal of plant and equipment 5 – (108) Reversal of loss allowance for inventory obsolescence 7 – (12) Interest income 5 (6,344) (6,749) Interest expense 6 2,138 4,093 (Decrease)/Increase in: – Provision for onerous contract 30 (3,861) (4,256) – Provision for warranty 30 – (619) – Provision for reinstatement cost 30 – 1,900 Loss on unrealised foreign exchange, net 7 6,047 4,626 Share of results of joint ventures (44) (300) Share of results of associates 10,642 8,362 Operating cash flows before movements in working capital (14,261) (36,222) Changes in working capital: Inventories – 577 Trade and other receivables (3,474) 8,696 Prepayments 17 859 Contract assets (6,124) 17,718 Contract liabilities 13,089 2,158 Trade and other payables 18,259 (5,080) Cash generated from/(used in) operations 7,506 (11,294) Income taxes refund/(paid) 1,293 (2,308) Net cash generated from/(used in) operating activities 8,799 (13,602) The accompanying notes form an integral part of and should be read in conjunction with these financial statements. 64 KEONG HONG HOLDINGS LIMITED CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2024
RkJQdWJsaXNoZXIy NTkwNzg=