Fraser & Neave Holdings Bhd Annual Report 2019

A N N U A L R E P O R T 2 0 1 9 06 Financial Statements 145 STATEMENTS OF CASH FLOWS for the financial year ended 30 September 2019 Group Company Note 2019 RM’000 2018 RM’000 Restated 2019 RM’000 2018 RM’000 Cash flows from investing activities Acquisition of intangible assets 6 (128) (213) – – Acquisition of property, plant and equipment 3 (137,711) (181,218) – – Dividends received 3,733 8,087 216,953 437,918 Proceed from cancelling ordinary shares in a subsidiary – – 20,000 – Interest received 9,580 9,735 28,998 18,009 Proceeds from disposal of intangible assets 56 – – – Proceeds from disposal of plant and equipment 277 1,428 – – Net cash (used in)/from investing activities (124,193) (162,181) 265,951 455,927 Cash flows from financing activities Dividends paid to owners of the Company 27 (210,898) (210,761) (210,898) (210,761) Interest paid (7,991) (14,920) – – Purchase of shares by SGP Trust 15(C) (5,023) (2,838) (5,023) (2,838) Proceeds from loans and borrowings 16 54,805 153,537 – – Repayment of loans and borrowings 16 (280,162) (197,458) – – Net cash used in financing activities (449,269) (272,440) (215,921) (213,599) Net increase/(decrease) in cash and cash equivalents 4,873 114,256 (84,177) 71,511 Effects of exchange rate fluctuations on cash and cash equivalents 27,754 (1,597) – – Cash and cash equivalents at 1 October 2018/2017 537,092 424,433 124,509 52,998 Cash and cash equivalents at 30 September 569,719 537,092 40,332 124,509 CASH AND CASH EQUIVALENTS Cash and cash equivalents included in the statements of cash flows comprise the following statements of financial position amounts: Group Company Note 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Cash and bank balances 14 252,980 185,396 5,332 2,209 Short-term deposits 14 316,739 351,696 35,000 122,300 569,719 537,092 40,332 124,509 The notes on pages 146 to 210 are an integral part of these financial statements.