2020 UEM Edgenta Annual Report

Group Company RM’000 2020 2019 2020 2019 Cash flows from operating activities Cash receipts from customers 2,383,434 2,614,226 31,330 96,951 Cash payments to suppliers (943,586) (1,231,383) – – Cash payments to employees and for expenses (1,149,941) (1,073,013) (96,518) (77,114) Cash generated from/(used in) operations 289,907 309,830 (65,188) 19,837 Interest paid (21,762) (25,787) (14,868) (15,266) Taxes (paid)/refunded (47,281) (53,068) 125 534 Net cash flows generated from/(used in) operating activities 220,864 230,975 (79,931) 5,105 Cash flows from investing activities Proceeds from disposal of property, plant and equipment 4,498 331 3,420 – Proceeds from disposal of other investment 40 – 40 – Proceeds from disposal of an associate 58 – – – Proceeds from disposal of a subsidiary, net of cash disposed (Note 16(f)) – 1,165 – – Payment of deferred consideration – (461) – (461) Acquisition of non-controlling interests in a subsidiary (28,210) – (28,210) – Placement of short term investments (85,000) (110,000) – – Proceeds from withdrawal of short term investments 136,819 155,979 – – Interest received 3,877 6,430 856 847 Dividends received from associates 7,708 5,786 – – Dividends received from subsidiaries – – 118,767 143,260 Purchase of property, plant and equipment (17,630) (68,435) (411) (3,684) Purchase of intangible assets (10,296) (17,878) (8,645) (15,805) Repayment from a subsidiary – – 32,045 10,000 Net cash flows generated from/(used in) investing activities 11,864 (27,083) 117,862 134,157 ANNUAL REPORT 2020 195 1 2 3 4 5 6 7 8 STATEMENTS OF CASH FLOWS For the year ended 31 December 2020