Yinson Annual Report 2020

199 Annual Report 2020 Note Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Operating cash flows before working capital changes - brought forward 722,724 799,754 (8,068) 7,573 Inventories (12,154) (5,548) - - Receivables (89,852) 125,158 (51,122) (149,207) Other current assets (33,474) (106,361) - - Payables 368,462 (108,051) 8,182 421 Cash flows generated from/(used in) operations 955,706 704,952 (51,008) (141,213) Interest received 21,107 17,817 33,891 47,500 Finance costs paid (19,484) (21,573) (35,916) (46,203) Taxes paid (39,903) (53,963) (794) (436) Net cash flows generated from/(used in) operating activities 917,426 647,233 (53,827) (140,352) Cash flows from investing activities Dividends received from joint ventures 20(i) & 20(ii) 14,210 59,631 14,210 59,631 Dividends received from subsidiaries (i) - - 223,138 295,071 Proceeds from capital reduction of a joint venture 20(ii) - 80,919 - 80,919 Advances to subsidiaries - - - (374,000) Repayment of advances from subsidiaries - - 46,772 - Investment in subsidiaries - 834 - - Advances to joint ventures (56,414) (12,138) - - Repayment of advances from joint ventures 53,144 14,333 - - Proceeds from disposal of property, plant and equipment 1,563 649 - 220 Proceeds from disposal of other investments 70,577 30,492 - - Proceeds from disposal of shareholdings in a subsidiary 47 - 415,786 - - Purchase of other investments (198,165) (20,000) (3,400) - Purchase of intangible assets 18 (7,004) (382,587) (5,112) (151) Purchase of property, plant and equipment 16(a) (1,215,647) (787,736) (659) (180) Withdrawal/(placement) of fixed deposits pledged as security 102,700 (131,047) (31) (131) Withdrawal/(placement) of short term investment 361 (10) 293 (10) Net cash flows (used in)/generated from investing activities (1,234,675) (730,874) 275,211 61,369