FGV Annual Report 2017

ANNUAL INTEGRATED REPORT 2017 FINANCIAL STATEMENTS 241 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017 21 INVESTMENT IN SUBSIDIARIES (CONTINUED) (e) Summarised financial information on subsidiaries with material non-controlling interests (continued) Set out below are the summarised financial information for each subsidiary that has non-controlling interests that are material to the Group (other subsidiaries that have non-controlling interests are individually not significant). (continued) Summarised statements of cash flows MSM Malaysia Holdings Berhad Group Felda Palm Industries Sdn. Bhd. Felda Marketing Services Sdn. Bhd. 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 Cash flow (used in)/generated from operations (26,434) 365,728 73,083 126,919 (429) (14,117) Retirement benefits paid - - (491) (528) - - Zakat paid - (2,000) (2,383) (2,123) - - Income tax paid (11,758) (58,652) (34,312) (7,784) (1,926) 8,630 Net cash (used in)/generated from operating activities (38,192) 305,076 35,897 116,484 (2,355) (5,487) Net cash (used in)/generated from investing activities (542,842) (204,364) 27,205 29,715 227,099 1,902 Net cash generated from/ (used in) financing activities 458,806 96,256 (157,795) (21,349) (5,100) (5,100) Net (decrease)/increase in cash and cash equivalents (122,228) 196,968 (94,693) 124,850 219,644 (8,685) Effect of foreign exchange rate changes (9,476) 1,837 - - - - Cash and cash equivalents at beginning of financial year 322,707 123,902 185,400 60,550 20,729 29,414 Cash and cash equivalents at end of financial year 191,003 322,707 90,707 185,400 240,373 20,729