Yinson Annual Report 2023

185 ACCOUNTABILITY (FINANCIAL STATEMENTS) Note Group Company 2023 RM million 2022 RM million (Restated) 2023 RM million 2022 RM million Operating cash flows before working capital changes - brought forward 1,514 1,058 (1) 114 Changes in working capital Inventories (25) 3 - - Receivables (381) 45 22 30 Other current assets (99) (102) - - Payables 1,236 (99) 27 (19) Contract assets (3,913) (2,206) - - Cash flows (used in)/generated from operations (1,668) (1,301) 48 125 Finance lease payments received 493 396 - - Interest received 85 23 8 3 Finance costs paid (5) (11) - (1) Taxes paid (130) (94) (2) - Net cash flows (used in)/generated from operating activities (1,225) (987) 54 127 Cash flows from investing activities Dividends received from joint ventures 20(i) 49 47 - - Repayment of advances from joint ventures - 27 - - Investment in subsidiaries - - (1,415) (702) Investment in joint ventures (1) (12) - - Investment in associates (8) (128) - - Loan to an associate 24 & 37(a) (9) - - - Proceeds from disposal of subsidiaries 1 - - - Proceeds from disposal of property, plant and equipment 67 8 - - Proceeds from disposal of other investments 74 106 - 4 Acquisition of subsidiary, net of cash and cash equivalents 45(iv) & (viii) (4) - - - Purchase of other investments (227) (75) (130) - Purchase of intangible assets 18 (4) (1) (3) (1) Purchase of property, plant and equipment 16(a) (687) (33) (1) (3) Placement in fixed deposits - (83) - - Proceeds from partial redemption of other investment 81 85 80 - Deposits paid for acquisition of property, plant and equipment (122) (13) - - Deposits paid for acquisition of vessels 24(b)(i) & 25(b) (306) (21) - - Deposits received for acquisition of a vessel 35(d)(ii) 55 - - - Net cash flows used in investing activities (1,041) (93) (1,469) (702) STATEMENTS OF CASH FLOWS (CONT’D) For the financial year ended 31 January 2023

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