Yinson Annual Report 2021

196 YINSON HOLDINGS BERHAD SECTION 07 : ACCOUNTABILITY STATEMENTS OF CASH FLOWS (CONT’D) For the financial year ended 31 January 2021 Group Company 2021 2020 2021 2020 Note RM million RM million RM million RM million Operating cash flows before working capital changes - brought forward 1,211 725 205 355 Changes in working capital, net of effects from acquisition of subsidiary: Inventories 19 (12) - - Receivables (i) 94 (92) (165) (179) Other current assets 25 (33) - - Payables 315 369 1 8 Contract assets (2,299) - - - Cash flows (used in)/generated from operations (635) 957 41 184 Interest received 15 21 7 34 Finance costs paid (6) (20) (39) (36) Taxes paid (149) (40) (1) (1) Net cash flows (used in)/generated from operating activities (775) 918 8 181 Cash flows from investing activities Dividends received from joint ventures 20(i) 17 14 - - Repayment of advances from subsidiaries - - - 47 Advances to joint ventures (21) (56) - - Repayment of advances from joint ventures 74 53 - - Investment in joint ventures (32) - - - Proceeds from disposal of property, plant and equipment 98 1 - - Proceeds from disposal of other investments 206 71 - - Acquisition of subsidiary, net of cash and cash equivalents 46(b)(i) (21) - - - Purchase of other investments (236) (198) - (3) Purchase of intangible assets 18 (3) (7) (1) (5) Purchase of property, plant and equipment 16(a) (282) (1,217) (11) (1) Net movement in restricted cash (108) 103 - - Deposit received for sales of shares in a subsidiary 21 - - - Net cash flows (used in)/generated from investing activities (287) (1,236) (12) 38