Yinson Annual Report 2020

55 Annual Report 2020 Net cash flows generated FROM/(USED IN) OPERATING activities Net cash flows generated from/(used in) operating activities (RM’000) FYE 2020 917,426 FYE 2019 647,233 FYE 2018 497,186 FYE 2017 (54,296) FYE 2016 98,188 The Group’s business model of earning stable recurring income from projects is evidenced by the growth of our cash flows from operations. At Yinson, the majority of cash flows generated and utilised are denominated in USD. As a result, Yinson enjoys a significant natural hedge on its currency risk which effectively minimises the Group’s exposure to foreign currency volatility. During the financial year, cash flows generated from operations were utilised in investing and financing activities as presented in the Statements of Cash Flows from pages 198 to 202. Key financial metrics Our effectiveness in creating value to our stakeholders can be measured by the financial metrics described below: revenue Revenue (RM’000) 2,519,340 1,034,899 910,156 543,255 424,398 FYE 2020 FYE 2019 FYE 2018 FYE 2017 FYE 2016