FGV Audited Financial Statements 2019

25 01 S E C T I O N AUDITED FINANCIAL STATEMENTS 2019 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 (CONTINUED) Balance brought forward 708,162 647,065 363,206 162,864 Realisation of foreign exchange upon disposal of a subsidiary (3,658) - - - Impairment loss on investment in a joint venture - 1,350 - - Loss on disposal of an associate 1,413 18,494 - - Gain on disposal of financial assets at fair value through profit or loss - (2,783) - - Gain on waiver of loan due to a subsidary - - - (28,053) Impairment of receivables (net) 7,760 69,814 - - Write down of inventory to net realisable value 2,379 9,655 - - Share of results from associates 1,625 11,721 - - Share of results from joint ventures (14,858) 29,324 - - Net unrealised foreign exchange (gain)/loss (2,685) 5,230 363 (696) Dividends from subsidiaries - - (417,100) (234,353) Dividend income from financial assets through other comprehensive income (1,394) (2,529) - - Finance expense 183,158 202,442 132,246 94,910 Finance income (25,085) (33,969) (256) (342) Other losses, net 237,817 227,236 - - Fair value changes in biological assets (net) (3,318) 11,892 - - Provision for defined benefit plan 16,163 2,606 369 203 Termination of lease contracts (net) - (2,096) - (1,025) Reversal of provision for asset retirement - (1,500) - - Unwinding of discount for provision for asset retirement 459 465 - - Reversal of onerous contract (net) - (845) - - Provision for litigation loss - 2,700 - - Provision for LTIP 3,589 5,283 668 1,519 Operating profit/(loss) before working capital changes 1,111,527 1,201,555 79,496 (4,973)