FGV Audited Financial Statements 2024

Group Company 2024 2023 2024 2023 RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES Profit for the financial year 323,767 112,442 705,382 99,785 Adjustments for: Taxation 230,561 189,838 1,854 16,159 Zakat 11,474 34,162 – – Depreciation of property, plant and equipment 666,330 661,503 1,268 1,441 Impairment loss on property, plant and equipment (net) 116,822 81,308 – – Property, plant and equipment written off 5,822 9,674 – – Gain on disposal of property, plant and equipment (net) (1,603) (5,142) – – Depreciation of right-of-use assets 84,839 80,318 4,361 4,361 Impairment loss/(reversal of impairment) on right-of-use assets 40,337 (491) – – Depreciation of investment properties 7,075 7,705 882 882 Amortisation of intangible assets 16,193 12,549 1,942 2,883 Impairment loss on intangible assets 4,780 44,683 – – Gain on disposal of assets held for sale – (8,381) – – Loss on remeasurement on asset held for sale – 2,328 – – Reversal of impairment on amounts due from ultimate holding company (1,438) (3,366) – – Impairment loss/(reversal of impairment) on amounts due from other related companies 7,471 (8,272) – 1,287 Impairment loss/(reversal of impairment) on amounts due from subsidiaries (net) – – 9,000 (4,088) Amount due from a subsidiary written off – – – 28 Impairment loss on investment in subsidiaries – – 125,148 15,039 (Reversal of impairment)/impairment loss on contract assets (481) (521) – – Reversal of impairment on amount due from a joint venture (1,335) (3,251) – – Balance carried forward 1,510,614 1,207,086 849,837 137,777 FGV Holdings Berhad | Audited Financial Statements 2024 20 Statements of Cash Flows For the financial year ended 31 December 2024

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