|
FY2026
12 months to May 31, 2026
|
|
|---|---|
| CASH FLOWS FROM OPERATING ACTIVITIES | |
| Net income | |
| Adjustment to reconcile net income to net cash provided by operating activities: | |
| Depreciation of property and equipment | |
| Depreciation of property and equipment under finance lease | |
| Amortization of operating lease right-of-use assets and interest of lease liabilities | |
| Change in cash surrender value on investment in insurance policy | |
| (Reversal of) provision for allowance for expected credit losses | |
| Changes in assets and liabilities: | |
| Contract receivable, net | |
| Retention receivable, net | |
| Retention receivable – a related party, net | |
| Contract assets, net | |
| Prepayment, deposits and other receivables, net | |
| Accounts payable | |
| Accrued liabilities and other payables | |
| Contract liabilities | |
| Income tax payable | |
| Deferred tax liabilities, net | |
| Operating lease liabilities | |
| Net cash (used in) provided by operating activities | |
| CASH FLOWS FROM INVESTING ACTIVITIES | |
| Purchase of property and equipment | |
| Investment in life insurance policy | |
| Net cash used in investing activities | |
| CASH FLOWS FROM FINANCING ACTIVITIES | |
| Proceeds from bank loans | |
| Proceeds from other loans | |
| Repayment of bank loans | |
| Repayment of other loans | |
| Advances from a shareholder | |
| Repayment to a shareholder | |
| Principal payments of finance lease liabilities | |
| Deferred offering costs | |
| Net cash provided by financing activities | |
| Net (decrease) increase in cash and cash equivalents | |
| Effect of foreign currency translation on cash and cash equivalents | |
| Cash and cash equivalents, beginning of year | |
| Cash and cash equivalents, end of year | |
| Supplementary cash flow information: | |
| Income tax paid | |
| Interest paid | |
| Interest received | |
| Supplemental non-cash information: | |
| Operating lease right-of-use assets obtained in exchange for operating lease liabilities |
Loading...
