Yinson Annual Report 2018

Group Company 2018 2017 2018 2017 Note RM’000 RM’000 RM’000 RM’000 Cash flows from operating activities Profit before tax from continuing operations 361,770 213,179 87,791 146,167 Profit before tax from discontinued operations – 2,889 – – Profit before tax 361,770 216,068 87,791 146,167 Adjustments for: Depreciation of property, plant and equipment 16 219,472 108,389 893 499 Amortisation of intangible assets 18 4,830 2,611 2,548 1,240 Amortisation of unfavourable contracts 34 (20,435) (19,938) – – (Reversal of)/impairment loss on: - trade receivables 24(a) & 47 (649) 8,880 – – - other receivables 24(b) – 23,469 – – Impairment loss on plant and equipment 16 32,793 11,630 – – Inventory written off 1,067 – – – Reversal of write down of inventories 47 – (577) – – Net unrealised loss/(gain) on foreign exchange 62,403 (26,953) 6,067 (28,451) Finance costs 109,606 45,118 26,506 29,136 Fair value loss/(gain) on: - investment properties 17 5,623 – – – - other investments (141) 857 – – - derivatives (2,066) – – – Plant and equipment written off 37 2,387 4 2 Gain on disposal of property, plant and equipment (124) – (124) – Gain on disposal of other investments (433) (784) – – Loss/(gain) on disposal of subsidiaries and associate 47 – 3,511 – (5,183) Share of results of joint ventures (43,081) (82,457) – – Share of results of associates (728) (1,529) – – Dividend income – – (45,824) (103,754) Interest income (4,905) (5,927) (36,551) (36,079) Operating cash flows before working capital changes - carried forward 725,039 284,755 41,310 3,577 Statements of Cash Flows For the financial year ended 31 January 2018 102 Yinson Holdings Berhad Annual Report 2018 Accountability