FGV Audited Financial Statements 2020

Statements Of Cash Flows For The Financial Year Ended 31 December 2020 Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES Profit/(loss) for the financial year 134,193 (371,156) 212,086 (80,094) Adjustments for: Taxation 195,571 25,931 9,048 28,205 Zakat 16,300 6,397 - - Depreciation of property, plant and equipment 662,510 672,397 1,808 1,919 Impairment loss/(reversal of impairment) on property, plant and equipment (net) 221,769 159,802 - (739) Property, plant and equipment written off 34,332 14,486 - 1,155 (Gain)/loss on disposal of property, plant and equipment (net) (4,119) 12 - - Depreciation of right-of-use assets 84,334 71,239 4,361 4,361 Impairment loss on right-of-use assets 20,305 8,281 - - Depreciation of investment properties 12,260 12,321 882 882 Amortisation of intangible assets 23,655 27,779 8,510 8,872 Intangible assets written off - 2,173 - - Impairment loss on intangible assets - 179 - - Gain on disposal of assets held for sale (33,762) - - - Reversal of impairment on amount due from ultimate holding company (13,341) (27,860) - - Impairment loss on amounts due from joint ventures 4,000 89,669 - - Reversal of impairment on amounts due from other related companies (24) (30,440) - - Impairment loss on loans due from joint ventures - 47,171 - - (Reversal of impairment)/impairment loss on amounts due from subsidiaries - - (813) 4,246 Impairment loss on loan due from a subsidiary - - - 1,062 (Reversal of impairment)/impairment loss of investment in subsidiaries, net - - (54,200) 336,922 Impairment loss on contract assets 1,551 - - - (Gain)/loss on disposal of a subsidiary - (219) - 56,415 Balance carried forward 1,359,534 708,162 181,682 363,206 21 Audited Financial Statements 2020