FGV Audited Financial Statements 2019

28 FGV HOLDINGS BERHAD STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Note Group Company 2019 RM’000 2018 RM’000 (Restated) 2019 RM’000 2018 RM’000 (Restated) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of loans due to a significant shareholder (272,605) (230,399) (272,605) (230,399) Repayment of loans due to subsidiaries - - - (135,808) Drawdown of loans from subsidiaries - - 372,203 165,000 Drawdown of borrowings 4,474,502 6,075,541 - 84,880 Repayment of borrowings (4,699,230) (5,938,908) (9,800) - Payments of lease liabilities (39,121) (47,141) (5,025) (6,567) Repayment of LLA liability (248,683) (298,651) - - Dividends paid to non-controlling interests (82,395) (46,089) - - Finance expense paid (221,921) (218,296) (130,427) (90,456) Purchase of treasury shares (3,186) (4,920) (3,186) (4,920) Decrease/(increase) in restricted cash 75,169 (77,004) - - Net cash used in financing activities (1,017,470) (785,867) (48,840) (218,270) NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 473,924 (595,767) (3,490) (35,891) Effect of foreign exchange rate changes (1,644) (2,111) - 696 CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR 1,096,007 1,693,318 12,677 47,872 Add: Decrease in assets held for sale 160 567 - - CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 37 1,568,447 1,096,007 9,187 12,677