FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 135 Note Group Company 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 CASH FLOWS FROM FINANCING ACTIVITIES Repayment of loans due to a significant shareholder (300,286) (204,286) (300,286) (204,286) Repayment of loans due to subsidiaries - - (866,871) (44,643) Drawdown of loans from subsidiaries - - 1,667,600 - Drawdown of borrowings 7,147,353 7,773,855 - 540,900 Repayment of borrowings (6,947,358) (7,432,387) (540,900) - Repayment of LLA liability (307,129) (287,906) - - Dividends paid to shareholders (218,890) (72,963) (218,890) (72,963) Dividends paid to non-controlling interests (61,734) (115,187) - - Finance expense paid (213,190) (176,660) (98,211) (105,081) Purchase of treasury shares (8,588) (1,488) (8,588) (1,488) Increase in restricted cash (47,340) - - - Net cash (used in)/generated from financing activities (957,162) (517,022) (366,146) 112,439 NET (DECREASE)/INCREASE IN CASH AND CASH EQUIVALENTS (155,727) (172,140) (30,889) 63,628 Effect of foreign exchange rate changes (5,586) 19,686 (436) 2,393 CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR 1,854,054 2,008,539 79,197 13,176 Less: Reclassified to assets held for sale 35 577 (2,031) - - CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 34 1,693,318 1,854,054 47,872 79,197 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017