FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 172 FINANCIAL REPORT Group Company Note 2016 RM'000 2015 RM'000 (Restated) 2016 RM'000 2015 RM'000 CASH FLOWS FROM OPERATING ACTIVITIES (CONTINUED) Changes in working capital: Inventories (128,673) (531,943) - - Receivables 101,605 (889,397) (11,017) 8,889 Intercompany (284,956) (1,491) (394,838) (140,263) Payables 126,598 (141,480) (44,798) 34,411 Cash generated from/(used in) operation 1,175,860 (40,924) (554,684) (246,823) Finance income 56,796 42,763 2,533 3,541 Taxation paid (95,302) (229,198) 78 85 Zakat paid (17,765) (23,900) - - Retirement benefit paid (2,002) (1,836) (30) - Net cash generated from/(used in) operating activities 1,117,587 (253,095) (552,103) (243,197) CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment (942,777) (1,143,613) (1,814) (33,592) Purchase of investment properties (1,595) (4,560) - - Purchase of prepaid lease payments (5,850) (210) - - Additions of biological assets (128) (124) - - Purchase of intangible assets (16,860) (57,447) (11,476) (26,183) Purchase of assets held for sale - (161) - - Additions of financial assets at fair value through profit or loss (601) (42,029) - - Advances to subsidiaries - - - (150,219) Net cash outflow from acquisition of subsidiaries 22 (278,618) (92,903) - (94,714) Net cash inflow from disposal of a subsidiary 22 - 548,239 - - Net cash outflow from liquidation of subsidiaries (916) - - - Balance carried forward (1,247,345) (792,808) (13,290) (304,708) STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016