FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 133 Note Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES (CONTINUED) Changes in working capital: Inventories 58,846 (128,673) - - Receivables 324,225 103,635 2,693 (11,018) Intercompany 112,750 (284,956) 25,142 158,937 Payables (220,582) 126,561 (942) (44,798) Cash generated from/(used in) operation 1,751,264 1,178,319 (85,336) (695) Finance income 73,060 56,796 799 2,533 Taxation paid (198,142) (95,302) (129) 78 Zakat paid (5,056) (17,765) - - Retirement benefit paid (3,500) (2,002) (20) (30) Net cash generated from/(used in) operating activities 1,617,626 1,120,046 (84,686) 1,886 CASH FLOWS FROM INVESTING ACTIVITIES Purchase of property, plant and equipment (1,005,394) (932,271) (209) (1,814) Purchase of investment properties (3,182) (1,595) (7,609) - Purchase of prepaid lease payments - (5,850) - - Additions of biological assets (832) (128) - - Purchase of intangible assets (16,354) (16,860) (9,239) (11,476) Additions of financial assets at fair value through profit or loss (net) - (601) - - Net cash outflow from acquisition of subsidiaries 21 - (278,618) - - Net cash outflow from liquidation of subsidiaries - (916) - - Balance carried forward (1,025,762) (1,236,839) (17,057) (13,290) STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017