FGV Annual Report 2015

192 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Group Company Note 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES (CONTINUED) Balance brought forward (646,884) (1,452,224) (531,166) (684,868) Payment for asset retirement obligations (72) (74) - - Proceeds from disposal of property, plant and equipment 7,261 8,385 48 - Proceeds from sales of biological assets - 19,705 - - Proceeds from assets held for sale 4,900 95,825 - - Proceeds from sales of available-for-sale financial assets 21,028 - - - Additional investment in a joint venture - (80,082) - - Deposits for acquisition of subsidiaries (365,500) (86,624) - (86,624) Dividend received from subsidiaries - - 450,269 776,739 Dividend received from joint ventures 76,263 45,725 - - Dividend received from associates 270 9,450 - - Dividend received from available-for-sale financial assets 2,459 4,283 - - Increase in restricted cash (382,904) (111,592) (382,904) (111,592) Net cash used in investing activities (1,283,179) (1,547,223) (463,753) (106,345) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of loan to a significant shareholder (304,286) (499,286) (304,286) (499,286) Drawdown of loan from subsidiaries - - 831,322 - Drawdown of borrowings 6,400,783 5,524,256 - - Repayment of borrowings (5,106,034) (5,281,169) - - Repayment of LLA liability (278,495) (336,401) - - Dividends paid to shareholders (218,889) (583,704) (218,889) (583,704) Dividends paid to non-controlling interests (142,490) (146,417) - - Finance expense paid (168,057) (177,620) (105,825) (129,630) Net cash generated from/(used in) financing activities 182,532 (1,500,341) 202,322 (1,212,620) NET DECREASE IN CASH AND CASH EQUIVALENTS (1,569,279) (1,481,177) (504,628) (1,393,296) Effect of foreign exchange rate changes 15,995 14,014 277 8,360 CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR 3,561,823 5,028,986 517,527 1,902,463 CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 34 2,008,539 3,561,823 13,176 517,527 The effect of the discontinued operations to the Statements of Cash Flows is as disclosed in Note 15 (iv). Statements of Cash Flows For The Financial Year Ended 31 December 2015