XML 102 R12.htm IDEA: XBRL DOCUMENT v3.20.2
Consolidated Statements of Cash Flows (Superior Living SDN. BHD.) - USD ($)
3 Months Ended 6 Months Ended 12 Months Ended
Mar. 31, 2020
Mar. 31, 2019
Dec. 31, 2019
Dec. 31, 2018
Dec. 31, 2019
Dec. 31, 2018
Cash flows from operating activities            
Net income (loss) $ (231,750) $ 71,215 $ (338,931) $ (142,446)    
Change in operating assets and liabilities            
Accounts payable - related party     (35,086)    
Customer deposits   (140,322) 217,743    
Other payables and accrued liabilities 19,892 952 44,867 (11,865)    
Net cash provided by (used in) operating activities (230,431) (358,320) (113,945) (76,591)    
Cash flows from investing activities            
Net cash used in investing activities 70,173 (1,000)    
Cash flows from financing activities            
Repayments from related parties     (745)    
Net cash provided by financing activities     (745)    
Effect of exchange rate on cash 4,008 (3,197) 815 (2)    
Net change in cash (156,250) (361,517) (113,130) (78,338)    
CASH AND CASH EQUIVALENTS, beginning of balance 2,744,457 3,452,917 2,857,587 3,531,255 $ 3,452,917  
CASH AND CASH EQUIVALENTS, end of balance 2,588,207 3,091,400 2,744,457 3,452,917 2,744,457 $ 3,452,917
Supplemental cash flows information:            
Income taxes paid    
Interest paid    
Superior Living SDN. BHD. [Member]            
Cash flows from operating activities            
Net income (loss) 197,576 (252,125)     (1,059,494) 1,981,911
Adjustments to reconcile net (loss) income to net cash (used in) provided by operating activities:            
Depreciation 19,820 21,257     74,702 28,715
Amortization 494 1,621     6,077 5,709
Deferred taxes (benefit) provision 50,833 (57,232)     (250,822) 16,814
Loss on disposal of equipment (739)        
Change in operating assets and liabilities            
Accounts receivable 356 (28,520)        
Other receivables (849)     14,116 (49,702)
Inventories (97,687) (243,106)     (409,086) 988,613
Prepaid taxes (93,672) (421,370)     (980,082) (652,413)
Prepayments and other assets 143,509 (49,875)     (11,514) (332,774)
Prepayment - related party 217,163     214,100 (219,991)
Accounts payable - related party 187,418     514,524 (525,666)
Customer deposits 60,990 (352,708)     245,909 1,052,787
Commission payables         (1,039,008)
Other payables and accrued liabilities (30,505) (93,034)     (715,974) 393,937
Other payables - related parties (11,757)        
Net cash provided by (used in) operating activities 238,369 (1,070,511)     (2,357,544) 1,648,932
Cash flows from investing activities            
Purchases of equipment (760)     (6,502) (455,786)
Purchase of intangible assets         (2,582) (6,698)
Net cash used in investing activities (760)     (9,084) (462,484)
Cash flows from financing activities            
Dividend distributions         (3,292,466)
Repayments from related parties 1,773 37,244     (116,227) 652,919
Loans from related parties 485,526     1,961,091 807
Net cash provided by financing activities 1,773 522,770     1,844,864 (2,638,740)
Effect of exchange rate on cash (64,478) 18,512     8,068 (13,003)
Net change in cash 175,664 (529,989)     (513,696) (1,465,295)
CASH AND CASH EQUIVALENTS, beginning of balance 1,030,829 1,544,525     1,544,525 3,009,820
CASH AND CASH EQUIVALENTS, end of balance 1,206,493 1,014,536 $ 1,030,829 $ 1,544,525 1,030,829 1,544,525
Supplemental cash flows information:            
Income taxes paid 93,672 123,892     995,494 1,047,473
Interest paid        
Non-cash transactions of investing and financing activities            
Capital contributions from a shareholder loan for additional shares issued         $ 1,977,271