FGV Audited Financial Statements 2019

24 FGV HOLDINGS BERHAD STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Group Company 2019 RM’000 2018 RM’000 (Restated) 2019 RM’000 2018 RM’000 (Restated) CASH FLOWS FROM OPERATING ACTIVITIES (Loss)/profit for the financial year (371,156) (1,143,604) (80,094) 144,354 Adjustments for: Taxation 25,931 100,034 28,205 (27,715) Zakat 6,397 18,603 - - Depreciation of property, plant and equipment 672,397 647,270 1,919 4,430 Impairment loss/(reversal of impairment) on property, plant and equipment (net) 159,802 216,069 (739) 739 Property, plant and equipment written off 14,486 24,488 1,155 15,255 Loss/(gain) on disposal of property, plant and equipment (net) 12 (80) - - Depreciation of right-of-use assets 71,239 80,651 4,361 5,809 Impairment loss/(reversal of impairment) on right-of-use assets 8,281 (319) - - Depreciation of investment properties 12,321 12,417 882 881 Impairment loss on investment properties - 1,218 - 1,218 Amortisation of intangible assets 27,779 27,395 8,872 7,605 Intangible assets written off 2,173 2,784 - 2,784 Impairment loss on intangible assets 179 526,625 - - Impairment loss on assets held for sale - 52,080 - - (Reversal of impairment)/impairment loss on amount due from a significant shareholder (27,860) 40,844 - - Impairment loss on amounts due from joint ventures 89,669 20,212 - - (Reversal of impairment)/impairment loss on amounts due from other related companies (30,440) 19,990 - - Impairment loss on loan due from a joint venture 47,171 2,300 - - Impairment loss on amounts due from subsidiaries - - 4,246 7,504 Impairment loss on loan due from a subsidiary - - 1,062 - Impairment of investment in a subsidiary - - 336,922 - Gain on liquidation of a subsidiary - (1,912) - - (Gain)/loss on disposal of a subsidiary (219) - 56,415 - Balance carried forward 708,162 647,065 363,206 162,864