Fraser & Neave Holdings Bhd Annual Report 2021

Group Company Note 2021 RM’000 2020 RM’000 2021 RM’000 2020 RM’000 Cash flows from investing activities Acquisition of intangible assets 7 (2,162) (1,796) – – Acquisition of property, plant and equipment 3 (145,188) (207,423) – – Acquisition of subsidiaries, net of cash and cash equivalents acquired 8 (49,868) – – – Dividends received 11,198 6,221 240,707 278,256 Interest received 5,004 5,463 11,039 20,315 Investment in subsidiaries 8 – – (334,790) (10,000) Investment in a joint venture – (500) – (500) Proceeds from disposal of intangible assets – 83,175 – – Proceeds from disposal of plant and equipment 299 242 – – Net cash (used in)/from investing activities (180,717) (114,618) (83,044) 288,071 Cash flows from financing activities Dividends paid to owners of the Company 28 (220,067) (220,067) (220,067) (220,067) Drawdown of loans and borrowings 1,000 – – – Interest paid (4,081) (4,736) – – Payment of lease liabilities (23,134) (24,351) – – Purchase of shares by SGP Trust 16(b) (6,565) (7,184) (6,565) (7,184) Repayment of loans and borrowings (86,582) (26,248) – – Net cash used in financing activities (339,429) (282,586) (226,632) (227,251) Net increase/(decrease) in cash and cash equivalents 96,951 (54,601) (17,088) 45,948 E!ects of exchange rate fluctuations on cash and cash equivalents (35,186) (21,503) – – Cash and cash equivalents at 1 October 2020/2019 493,615 569,719 86,280 40,332 Cash and cash equivalents at 30 September 15 555,380 493,615 69,192 86,280 CASH OUTFLOWS FOR LEASES AS A LESSEE Group Company Note 2021 RM’000 2020 RM’000 2021 RM’000 2020 RM’000 Included in net cash from operating activities Payment relating to short-term leases 25 1,712 3,136 – – Payment relating to leases of low-value assets 25 1,420 1,643 – – Payment relating to variable lease payments not included in the measurement of lease liabilities 25 13,879 11,036 – – Included in net cash from financing activities Payment of lease liabilities 23,134 24,351 – – Interest paid in relation to lease liabilities 23 1,648 1,197 – – Total cash outflows for leases 41,793 41,363 – – Financial Statements 173 Fraser & Neave Holdings Bhd ! Annual Report 2021