Yinson Annual Report 2019

Yinson Holdings Berhad ANNUAL REPORT 2019 116 Group Company 2019 2018 2019 2018 Note RM’000 RM’000 RM’000 RM’000 Cash flows from operating activities Profit before tax 343,861 361,770 245,764 87,791 Adjustments for: Depreciation of property, plant and equipment 16 279,047 219,472 1,328 893 Amortisation of intangible assets 18 5,502 4,830 2,874 2,548 Amortisation of unfavourable contracts 34 (19,436) (20,435) – – Impairment/(reversal of) loss on: - trade receivables 24(a) 1,070 (649) – – - other receivables 24(b) 5,364 – – – - amounts due from subsidiaries 24(b) – – 102,587 – - investment in a joint venture 20 12,892 – – – - tax recoverable 3,686 – – – - investment in subsidiaries 19 – – 3,457 – - plant and equipment 16 33,030 32,793 – – Inventory written off – 1,067 – – Unrealised (gain)/loss on foreign exchange (23,020) 62,403 3,985 6,067 Finance costs 184,812 109,606 49,526 26,506 Fair value loss/(gain) on: - investment properties 17 4,200 5,623 – – - marketable securities 1,158 (141) (3) – - derivatives 12 747 (2,066) – – Plant and equipment written off – 37 – 4 Loss/(gain) on disposal of: - property, plant and equipment 5 (124) 257 (124) - other investments (125) (433) – – - associates (21) – – – Share of profit of joint ventures (12,659) (43,081) – – Share of profit of associates (150) (728) – – Dividend income 6 – – (354,702) (45,824) Interest income (17,817) (4,905) (47,500) (36,551) Operating cash flows before working capital changes - carried forward 802,146 725,039 7,573 41,310 Statements of cash flows For the financial year ended 31 January 2019