FGV Audited Financial Statements 2019

26 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 (CONTINUED) Changes in working capital: Inventories 734,032 63,253 - - Receivables 21,604 57,252 5,521 2,273 Intercompany 364,613 (299,784) (186,596) (113,803) Payables (271,265) 2,082 3,432 (3,999) Cash generated from/(used in) operation 1,960,511 1,024,358 (98,147) (120,502) Finance income 25,085 33,969 256 342 Taxation paid (109,501) (48,501) (160) (304) Zakat paid (6,397) (18,603) - - Tax refunded 155,476 18,731 639 10,319 Retirement benefit paid (17,057) (5,660) (617) (91) Payment for litigation loss (32,674) - - - Net cash generated from/(used in) operating activities 1,975,443 1,004,294 (98,029) (110,236) CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment (620,894) (958,727) (2,043) (3,287) Purchase of right-of-use assets (4,860) (4,976) - - Purchase of investment properties - (14,511) - - Purchase of assets held for sale - (3,100) - - Purchase of intangible assets (3,262) (17,273) (2,219) (7,554) Additions of financial assets at fair value through other comprehensive income (8,034) (13,593) - - Additions of financial assets at fair value through profit or loss (net) (23,781) (41,152) - - Net cash outflow from liquidation of subsidiaries - (121) - - Net cash inflow from disposal of subsidiaries 77,347 - 239,804 - Balance carried forward (583,484) (1,053,453) 235,542 (10,841)