FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 171 FINANCIAL REPORT Group Company 2016 RM'000 2015 RM'000 (Restated) 2016 RM'000 2015 RM'000 CASH FLOWS FROM OPERATING ACTIVITIES (CONTINUED) Balance brought forward 1,122,900 1,144,778 (33,443) 298,764 Biological assets written off 68 49 - - (Gain)/loss on disposal of assets held for sale (1,414) 1,414 - - Impairment loss in a subsidiary - - 80,152 - Gain on liquidation of a subsidiary (26,124) - - - Gain on disposal of a subsidiary - (13,016) - - Realisation of foreign exchange on disposal of a subsidiary - 37,945 - - Gain on disposal of available-for-sale financial assets - (1,899) - - Financial assets at fair value through profit or loss written off 6,433 - - - Impairment of receivables (net) 37,040 1,814 - - Write down of inventory to net realisable value 411 6,649 - - Share of results from associates (29,767) (19,036) - - Share of results from joint ventures 19,478 (40,022) - - Net unrealised foreign exchange loss/(gain) 993 34,320 (2,393) (277) Dividends from subsidiaries - - (254,002) (549,492) Dividends from available-for-sale financial assets (2,873) (2,459) - - Finance expense 184,007 182,528 107,547 104,658 Finance income (56,796) (47,251) (2,540) (3,594) Other losses, net 70,448 199,156 - - Provision for defined benefit plan 18,115 7,850 648 81 (Reversal of provision)/provision for asset retirement (1,000) 500 - - Provision for onerous contract 19,367 30,067 - - Operating profit/(loss) before working capital changes 1,361,286 1,523,387 (104,031) (149,860) STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016