FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 173 FINANCIAL REPORT Group Company 2016 RM'000 2015 RM'000 (Restated) 2016 RM'000 2015 RM'000 CASH FLOWS FROM INVESTING ACTIVITIES (CONTINUED) Balance brought forward (1,247,345) (792,808) (13,290) (304,708) Additional investment in subsidiaries - - (27,394) (226,458) Additions of available-for-sale financial assets (5,611) (69,613) - - Payment for asset retirement obligations (62) (72) - - Proceeds from disposal of property, plant and equipment 748 7,261 - 48 Proceeds from assets held for sale 5,535 4,900 - - Proceeds from sales of available-for-sale financial assets - 21,028 - - Deposits for acquisition of subsidiaries - (365,500) - - Dividend received from subsidiaries - - 254,002 450,269 Dividend received from joint ventures 11,558 76,263 - - Dividend received from associates 6,360 270 - - Dividend received from available-for-sale financial assets 2,873 2,459 - - Decrease/(increase) in restricted cash 494,496 (382,904) 494,496 (382,904) Net cash (used in)/from investing activities (731,448) (1,498,716) 707,814 (463,753) CASH FLOWS FROM FINANCING ACTIVITIES Repayment of loans to a significant shareholder (204,286) (304,286) (204,286) (304,286) Repayment of loan to subsidiaries - - (44,643) - Loan to a subsidiary - - (204,951) - Loan to a joint venture (54,222) - - - Drawdown of loan from subsidiaries - - - 831,322 Drawdown of borrowings 7,773,855 6,400,783 540,900 - Repayment of borrowings (7,432,387) (5,106,034) - - Repayment of LLA liability (287,906) (278,495) - - Dividends paid to shareholders (72,963) (218,889) (72,963) (218,889) Dividends paid to non-controlling interests (115,187) (142,490) - - Finance expense paid (164,124) (168,057) (105,081) (105,825) Purchase of treasury stock (1,059) - (1,059) - Net cash (used in)/generated from financing activities (558,279) 182,532 (92,083) 202,322 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016