Yinson Annual Report 2020

198 Yinson Holdings Berhad SECTION 7 ACCOUNTABILITY Note Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Cash flow from operating activities Profit before tax 331,118 343,861 223,138 245,764 Adjustment for: Depreciation of property, plant and equipment 16 & 16(a) 238,085 279,047 2,421 1,328 Amortisation of intangible assets 18 13,016 5,502 2,739 2,874 Amortisation of unfavourable contracts 34 (4,958) (19,436) - - (Reversal of impairment loss)/impairment loss on: - trade receivables 24(a) (670) 1,070 - - - other receivables 24(b) (1,916) 5,364 - - - amounts due from subsidiaries 24(b) - - (7,199) 102,587 - other assets 25 4,084 - - - - investment in a joint venture 20(ii) - 12,892 - - - tax recoverable 9 2,069 3,686 - - - investment in subsidiaries 19 - - 7,602 3,457 - plant and equipment 16 4,883 33,030 - - Waiver of debts - other receivables 9 382 - - - - amounts due from associates 9 42 - 42 - - amounts due from subsidiaries 9 - - 122,440 - Unrealised (gain)/loss on foreign exchange (5,730) (23,020) (2,000) 3,985 Finance costs 197,476 184,812 36,645 49,526 Fair value loss/(gain) on: - investment properties 17 2,400 4,200 - - - other investments (496) 1,158 (17) (3) - derivatives 12 893 747 - - Property, plant and equipment written off 16 28 - - - Loss/(gain) on disposal of: - property, plant and equipment 889 5 - 257 - other investments 848 (125) - - - associates - (21) - - Share of profit of joint ventures (10,392) (12,659) - - Share of profit of associates - (150) - - Dividend income 6 - - (359,988) (354,702) Finance lease income (28,220) (2,392) - - Interest income (21,107) (17,817) (33,891) (47,500) Operating cash flow before working capital changes - carried forward 722,724 799,754 (8,068) 7,573 Statements of cash flows For the financial year ended 31 January 2020