22 FGV HOLDINGS BERHAD Note Group Company 2022 RM’000 2021 RM’000 2022 RM’000 2021 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES (CONTINUED) Balance brought forward (1,002,022) (600,946) (3,487) (2,898) Additional investment in subsidiaries - - (2,696) (2,780) Additional loans to subsidiaries - - (864,573) (446,539) Repayment of loans from subsidiaries - - 874,392 598,595 Repayment of advances from subsidiaires 27 - - 172,626 443,330 Advances to subsidiaries 27 - - (30,748) - Payment for asset retirement (26) (10) - - Proceeds from disposal of property, plant and equipment 5,029 803 96 - Proceeds from disposal of assets held for sale 11,300 2,000 - - Proceeds from liquidation of a joint venture - 1,519 - - Proceeds from sales of financial assets at fair value through profit or loss 220,309 4,213 - - Proceeds from sales of financial assets at fair value through other comprehensive income 4,648 - - - Proceeds from sales of biological assets 279 - - - Dividends received from subsidiaries - - 334,911 308,547 Dividends received from joint ventures 26,428 17,986 - - Dividends received from associates 3,156 2,600 - - Dividends received from financial assets at fair value through other comprehensive income 7,046 2,572 - - Net cash (used in)/generated from investing activities (723,853) (569,263) 480,521 898,255 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2022
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