Ntegrator International Ltd. - Annual Report 2020

59 The accompanying notes form an integral part of these financial statements. Note 2020 2019 S$’000 S$’000 Cash flows from operating activities Net loss (5,032) (3,512) Adjustments for: - Depreciation of property, plant and equipment 15 384 339 - Depreciation of right-of-use assets 16 1,016 1,041 - Interest expenses 8 660 558 - Interest income - (15) - Loss on disposal of property, plant and equipment 7 1 2 - Property, plant and equipment written-off 7 1 2 - Unrealised currency translation gains (300) (118) (3,270) (1,703) Change in working capital: - Inventories 83 (59) - Trade and other receivables 10,159 5,823 - Trade and other payables (3,551) 2,410 Cash generated from operations 3,421 6,471 Interest received - 15 Net cash from operating activities 3,421 6,486 Cash flows from investing activities Additions to property, plant and equipment 15 (198) (278) Proceeds from disposal of property, plant and equipment - 5 Prepayment of leases (100) (21) Net cash used in investing activities (298) (294) Cash flows from financing activities Bank deposits (pledged)/discharged (263) 827 Proceeds from borrowings 6,290 1,317 Repayment of borrowings - (17,966) Repayment of lease liabilities (1,075) (1,103) Interest paid (203) (168) Net cash from/(used in) financing activities 4,749 (17,093) Net increase/(decrease) in cash and cash equivalents 7,872 (10,901) Cash and cash equivalents Beginning of financial year (7,486) 3,430 Effects of currency translation on cash and cash equivalents 27 (15) End of financial year 11 413 (7,486) CONSOLIDATED STATEMENT OF CASH FLOWS For the financial year ended 31 December 2020