FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 131 Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES Profit/(loss) for the financial year 208,046 66,459 120,769 (70,935) Adjustments for: Taxation 203,488 176,078 4,682 24,873 Zakat 5,056 17,765 - - Depreciation of property, plant and equipment 572,818 677,792 5,294 5,954 Impairment loss on property, plant and equipment (net) 14,417 87,821 - - Property, plant and equipment written off 22,901 17,973 1 3 Gain on disposal of property, plant and equipment (303) (237) - - Depreciation of investment properties 12,030 11,912 638 435 Amortisation of intangible assets 22,725 33,275 7,383 6,227 Impairment loss on intangible assets - 11,818 - - Amortisation of prepaid lease payments 2,964 5,122 - - Impairment loss on prepaid lease payments - 2,515 - - Amortisation of biological assets 93 128 - - Biological assets written off 5,852 68 - - Assets held for sale written off 111 - - - Gain on disposal of assets held for sale - (1,414) - - Impairment loss on amount due from a significant shareholder 1,779 - - - Impairment loss on amount due from a joint venture 10,366 13,893 - - Impairment loss on investment in a joint venture 2,444 - - - Balance carried forward 1,084,787 1,120,968 138,767 (33,443) STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017