FGV Audited Financial Statements 2020

Group Company Note 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 CASH FLOWS FROM FINANCING ACTIVITIES Repayment of loans due to ultimate holding company (310) (272,605) (310) (272,605) (Repayment)/drawdown of loans from subsidiaries - - (71,653) 372,203 Drawdown of borrowings 8,959,653 4,474,502 - - Repayment of borrowings (9,586,469) (4,699,230) - (9,800) Payments of lease liabilities (43,676) (39,121) (5,019) (5,025) Repayment of LLA liability (260,812) (248,683) - - Dividends paid to shareholders (72,963) - (72,963) - Dividends paid to non-controlling interests (91,861) (82,395) - - Finance expense paid (175,980) (221,921) (55,678) (130,427) Purchase of treasury shares (2,620) (3,186) (2,620) (3,186) (Increase)/decrease in restricted cash (14,562) 75,169 - - Net cash used in financing activities (1,289,600) (1,017,470) (208,243) (48,840) NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 104,223 473,924 10,886 (3,490) Effect of foreign exchange rate changes (7,100) (1,644) - - CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR 1,568,447 1,096,007 9,187 12,677 (Increase)/decrease in assets held for sale (113) 160 - - CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 37 1,665,457 1,568,447 20,073 9,187 Statements of Cash Flows For The Financial Year Ended 31 December 2020 24 FGV HOLDINGS BERHAD Audited Financial Statement 2020