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Consolidated Statements of Cash Flows
12 Months Ended
Jun. 30, 2024
USD ($)
Jun. 30, 2024
SGD ($)
Jun. 30, 2023
SGD ($)
Jun. 30, 2022
SGD ($)
Cash flows from operating activities:        
Net income/ (loss) $ (1,082,268) $ (1,466,690) $ (441,745) $ 513,334
Adjustments to reconcile net income /(loss) to net cash provided by operating activities        
Depreciation of property and equipment 71,603 97,036 117,288 92,517
Write off of property and equipment 18,975
Gain on disposal of property and equipment (27,622) (37,433)
Gain on disposal of subsidiary (169,753)
Amortization of right-of- use assets 856,240 1,160,376 728,015 186,179
Change in operating assets and liabilities:        
(Increase)/decrease in accounts receivables 202,309 274,169 105,869 (242,975)
Decrease in related parties 744,723 1,009,249 507,793 1,973,965
Increase in amount due to a shareholder (1,015,828) (1,376,650)
(Increase)/decrease in inventories 12,660 17,156 (40,192)
(Increase) /decrease in deposits, prepayments and other receivables 1,519,734 2,059,544 715,036 (2,107,472)
(Decrease)/increase in accounts payables, accruals and other current liabilities (8,121) (11,003) 425,764 (379,832)
Decrease in operating lease liabilities (801,929) (1,086,774) (728,015) (186,179)
Income tax payable / (receivable) (25,078) (33,986) (73,732) 26,293
Net cash (used in) /provided by operating activities 446,423 604,994 1,335,056 (293,923)
Cash flows from investing activities:        
Purchase of property and equipment (7,637) (10,350) (44,958) (1,183,823)
Proceed on disposal of plant and equipment 50,488 68,421 100,000
Net cash (used in)/provided by investing activities 42,851 58,071 (44,958) (1,083,823)
Cash flows from financing activities:        
Drawdown/ (repayment) of bank borrowings (495,412) (671,382) (387,122) 46,582
Drawdown/ (repayment) of finance lease (55,322) (74,973) (57,000) 129,022
Dividend paid (870,000)
Net cash (used in) /provided by financing activities (550,734) (746,355) (1,314,122) 175,604
Net change in cash and cash equivalent (61,460) (83,290) (24,024) (1,202,142)
BEGINNING OF YEAR 86,723 117,527 141,551 1,343,693
END OF YEAR 25,263 34,237 117,527 141,551
SUPPLEMENTAL CASH FLOW INFORMATION:        
Cash paid for income taxes 1,338 1,813 73,732 7,707
Cash paid for interest $ 121,865 $ 165,151 $ 134,430 $ 76,418