FGV Annual Report 2018

132 EXAMINED OUR NUMBERS FGV HOLDINGS BERHAD STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2018 Group Company 2018 RM’000 2017 RM’000 2018 RM’000 2017 RM’000 CASH FLOWS FROM OPERATING ACTIVITIES (CONTINUED) Balance brought forward 614,258 1,064,908 156,529 138,767 (Gain)/loss on liquidation of a subsidiary (1,912) 68 - 68 Loss on disposal of an associate 18,494 - - - Gain on disposal of available-for-sale financial assets - (73,196) - - Gain on disposal of financial assets at fair value through profit or loss (2,783) (3,492) - - Gain on redemption of Redeemable Cumulative Preference Share ( “ RCPS ” ) of an associate - (2,700) - - Gain on waiver of loan due to a subsidiary - - (28,053) - Impairment of receivables (net) 69,814 89,444 - - Write down of inventory to net realisable value 9,655 5,979 - - Share of results from associates 11,721 (21,336) - - Share of results from joint ventures 29,324 (6,188) - - Net unrealised foreign exchange loss/(gain) 5,230 (4,626) (696) (757) Dividends from subsidiaries - - (234,353) (353,083) Dividend income from financial assets through other comprehensive income (2,529) - - - Dividends from available-for -sale financial assets - (2,582) - - Finance expense 189,274 183,421 93,653 98,674 Finance income (33,969) (73,060) (342) (806) Other losses, net 227,236 259,522 - - Changes in biological assets (net) 11,892 14,493 - - Provision for defined benefit plan 2,606 11,523 203 287 Reversal of provision for asset retirement (1,500) - - - Unwinding of discount for provision for asset retirement 465 1,385 - - Tax penalty - 2,293 - 2,196 Reversal of onerous contract (net) (845) (16,637) - - Provision for litigation loss 2,700 32,841 - - Provision for LTIP 5,283 8,579 1,519 2,425 Operating profit/(loss) before working capital changes 1,154,414 1,470,639 (11,540) (112,229)