AUDITED FINANCIAL STATEMENTS 2022 19 Note Group Company 2022 RM’000 2021 RM’000 2022 RM’000 2021 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES Profit for the financial year 1,268,601 1,175,578 553,445 269,918 Adjustments for: Taxation 651,480 520,996 5,672 2,664 Zakat 35,142 17,406 - - Depreciation of property, plant and equipment 619,960 663,619 1,701 2,403 Impairment loss on property, plant and equipment (net) 78,192 59,914 - - Property, plant and equipment written off 41,510 9,135 - - Gain on disposal of property, plant and equipment (net) (2,156) (803) (96) - Depreciation of right-of-use assets 76,726 68,825 4,361 4,361 Right-of-use assets written off - 185 - - Reversal of impairment on right-of-use assets - (319) - - Depreciation of investment properties 7,752 12,258 882 882 Amortisation of intangible assets 13,709 20,568 4,782 9,490 Gain on disposal of assets held for sale - (927) - - Reversal of impairment on assets held for sale (15,100) - - - Reversal of impairment on amount due from ultimate holding company (8,553) (3,801) - - Impairment loss on amounts due from other related companies 12,751 137 - - Impairment loss / (reversal of impairment) on amounts due from subsidiaries (net) - - 29,110 (96) Reversal of impairment on other receivables - - - (195) Receivables written off - - - 195 Impairment loss on investment in subsidiaries - - 14,388 - Impairment loss on contract assets 139 292 - - Loss on liquidation in a joint venture - 38 - - Balance carried forward 2,780,153 2,543,101 614,245 289,622 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022
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