Chemical Company of Malaysia Berhad Annual Report 2019

Amounts in RM’000 unless otherwise stated  Group  Company Note 2019 2018 2019 2018 Cash flows from operating activities Profit before tax: 26,363 51,616 2,132 7,515 Adjustments for: Change in fair value of investment properties 5 (450) - (350) (220) Change in fair value of other investment (80) - (80) - Depreciation of property, plant and equipment 3 21,386 22,923 4,584 3,329 Depreciation of right-of-use assets 4 2,520 - 1,115 - Dividend income from: - Subsidiaries - - (18,879) (21,496) - A related party - (5) - (5) - Assets held for sale – other investment –  quoted shares in Malaysia (4) (6) - - Net (gain)/loss on disposal of: - Assets held for sale – investment property (1,094) (4,100) (1,094) (4,100) - Property, plant and equipment (21) 28 - 1 Finance costs 19 6,710 21,071 6,874 17,803 Finance income (3,989) (5,991) (1,046) (3,669) Impairment loss on: - Trade receivables 3,038 1,122 - - - Investments in subsidiaries - - 780 2,357 - Amount due from subsidiaries - - 14 5,272 - Property, plant and equipment 3 469 - 390 - - Other receivables 148 - 148 - - Provision for obsolete stocks 12 12 1,012 - - Tax credit utilised - 1,717 - 1,717 Operating profit/(loss) before changes in  working capital (carried forward) 55,008 89,387 (5,412) 8,504 | STATEMENTS OF CASH FLOWS | for the Year Ended 31 December 2019 BUSINESS OVERVIEW OTHER INFORMATION GOVERNANCE STRUCTURE 125 ANNUAL REPORT 2019 FINANCIAL STATEMENTS