FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 170 FINANCIAL REPORT Group Company 2016 RM'000 2015 RM'000 (Restated) 2016 RM'000 2015 RM'000 CASH FLOWS FROM OPERATING ACTIVITIES Profit/(loss) for the financial year 66,459 367,124 (70,935) 283,004 Adjustments for: Taxation 176,078 136,171 24,873 1,499 Zakat 17,765 23,900 - - Depreciation of property, plant and equipment 677,792 619,791 5,954 5,261 Impairment loss on property, plant and equipment 89,098 10,856 - - Reversal of impairment of property, plant and equipment (1,277) (165,801) - - Property, plant and equipment written off 17,973 37,561 3 1 Gain on disposal of property, plant and equipment (244) (470) - (2) Loss on disposal of property, plant and equipment 7 121 - - Depreciation of investment properties 11,912 11,770 435 435 Amortisation of intangible assets 33,275 47,188 6,227 4,533 Impairment loss on intangible assets 11,818 40,243 - - Intangible assets written off - 27 - - Amortisation of prepaid lease payments 5,122 3,581 - - Impairment loss on prepaid lease payments 2,515 - - - Reversal of impairment loss on prepaid lease payments - (76) - - Prepaid lease payments written off - 1,166 - - Amortisation of biological assets 128 150 - - Accelerated depreciation of assets held for sale 586 2,326 - - Impairment loss on amount due from a significant shareholder - 3,425 - 2,308 Impairment loss on amount due from a joint venture 13,893 3,481 - - Impairment loss on amounts due from other related companies - 2,244 - 1,725 Balance carried forward 1,122,900 1,144,778 (33,443) 298,764 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016