FGV Audited Financial Statements 2020

Non-cash changes Group At 1 January 2020 RM’000 Drawdown* RM’000 Repayment# RM’000 Finance costs/ interest accretion RM’000 Interest capitalisation RM’000 Lease additions/ termination (net) RM’000 Foreign exchange movement RM’000 Fair value movement RM’000 At 31 December 2020 RM’000 2019 Liabilities Islamic short term trade financing 2,587,372 3,769,296 (3,644,751) 18,343 45,158 - - - 2,775,418 Short term trade financing 451,541 633,297 (803,483) 16,809 - - 1,174 - 299,338 Islamic term loans 1,204,614 - (418,049) 78,099 9,229 - - - 873,893 Term loans 584 71,909 (9,667) 9,083 - - - - 71,909 Total borrowings 4,244,111 4,474,502 (4,875,950) 122,334 54,387 - 1,174 - 4,020,558 Lease liabilities 294,080 - (39,121) 15,623 - 30,213 - - 300,795 LLA liability 4,328,008 - (248,683) - - - - 236,821 4,316,146 Loans due to ultimate holding company 1,159,103 - (317,806) 45,201 - - - - 886,498 10,025,302 4,474,502 (5,481,560) 183,158 54,387 30,213 1,174 236,821 9,523,997 Asset Restricted cash (124,344) 75,169 - - - - - - (49,175) # Included in the repayment are finance expense paid amounted to RM175,980,000 (2019: RM221,921,000). * Included in the drawdown is acquisition of subsidiary amounted to RM13,596,000 (2019: RM Nil) The cash flows and non-cash changes arising from LLA liability is disclosed in Note 48 to the financial statements. Statements of Cash Flows For The Financial Year Ended 31 December 2020 Cash flows and non-cash changes in liabilities arising from financing activities are as follows: (continued) 26 FGV HOLDINGS BERHAD Audited Financial Statement 2020