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CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS - USD ($)
12 Months Ended
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities    
Net (loss)/ profit $ (246,469) $ 26,454
Adjustments to reconcile net profit/(loss) to net cash generated from/(used in) operating activities:    
Depreciation of property, plant and equipment 41,714 40,611
Amortization of right of use asset 11,618  
Operating (loss) profit before working capital changes (193,137) 67,065
Changes in operating assets and liabilities:    
Inventories 7,721 16,785
Other receivables and deposits 9,758 105,673
Trade and other payables (30,603) (463,603)
Operating lease liability (11,012)  
Cash used in operating activities (217,273) (274,080)
Cash flows from investing activities:    
Acquisition in other investment (12,080)
Purchase of plant and equipment (12,817) (39,621)
Net cash used in investing activities (12,817) (51,701)
Cash flows from financing activities:    
Repayment of finance lease (16,777)
(Repayments)/Advances from Directors (1,061) 1,442
Shares subscriptions (162,967) 741,500
Net cash (used in) generated from financing activities (180,805) 742,942
Foreign currency translation adjustment 9,732 3,933
NET CHANGE IN CASH AND CASH EQUIVALENTS (401,163) 421,094
CASH AND CASH EQUIVALENTS, BEGINNING OF FINANCIAL YEAR 1,260,239 839,145
CASH AND CASH EQUIVALENTS, END OF FINANCIAL YEAR 859,076 1,260,239
CASH AND CASH EQUIVALENTS INFORMATION:    
Fixed deposits placed with financial institutions 493,038 601,004
Cash at bank 366,038 659,235
Cash and cash equivalents, end of financial year 859,076 1,260,239
Supplementary cash flow information:    
Interest paid (5,047) (4,323)
Income taxes paid $ (10,714)