Yinson Annual Report 2021

195 ANNUAL REPORT 2021 STATEMENTS OF CASH FLOWS For the financial year ended 31 January 2021 Group Company 2021 2020 2021 2020 Note RM million RM million RM million RM million Cash flows from operating activities Profit before tax 580 331 249 223 Adjustments for: Depreciation of property, plant and equipment 16 250 238 4 2 Amortisation of intangible assets 18 56 13 3 3 Amortisation of unfavourable contracts 34 - (5) - - (Reversal of impairment loss)/impairment loss on: - trade receivables 24(a) - (1) - - - other receivables 24(b) (6) (2) - - - amounts due from subsidiaries 24(b) - - (15) (7) - other assets 25 (2) 4 - - - tax recoverable 9 12 2 - - - investment in subsidiaries 19 - - 41 8 - plant and equipment 16 33 5 - - Contract acquisition costs written off 9 104 - - - Deal deposit written off 9 84 - - - Waiver of debts - amounts due from subsidiaries 9 - - - 122 Unrealised gain on foreign exchange (26) (6) (1) (2) Finance costs 12 319 198 40 37 Fair value loss/(gain) on: - investment properties 17 3 2 - - - other investments (2) - - - - derivatives 12 - 1 - - Loss/(gain) on disposal of: - property, plant and equipment - 1 - - - other investments 2 1 - - - subsidiaries - - (113) - Share of loss/(profit) of joint ventures 29 (10) - - Equity settled share-based payment transaction 10 9 2 4 3 Gain on remeasurement of previously held equity interest 46(b)(iv) (3) - - Finance lease income 6 & 8 (216) (28) - - Interest income (15) (21) (7) (34) Operating cash flows before working capital changes - carried forward 1,211 725 205 355