30. Cash flows from investing activities Group Corporation 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Purchase of ships, offshore floating assets and other property, plant and equipment (1,396,590) (1,301,576) (189,543) (292,073) Purchase consideration on acquisition of subsidiaries (Note 15) (1,966,054) (54,111) (1,727,489) (54,111) Cash acquired on acquisition of a subsidiary 424,350 56,008 – – Cash disposed on disposal of a subsidiary (32,494) – – – Issuance of loans to subsidiaries net of repayment – – 2,293,891 245,866 Dividend received from: Quoted equity investments 2,565 2,628 2,565 2,611 Subsidiaries – – 1,549,251 507,568 Joint ventures 227,565 45,109 200,761 25,585 Repayment of loans due from associates and joint ventures 49,554 276,931 31,856 276,931 Proceeds from disposal of ships, other property, plant and equipment and held for sale assets – 119,092 – 105,481 Proceeds from disposal of - subsidiary 324,000 – 324,000 – - investment in joint venture – 3,246,279 – – Interest received 34,233 61,531 162,435 185,608 Progress payments for finance lease under construction (1,006,393) (1,256,005) (1,006,393) (1,256,005) Net fixed deposit withdrawal – 139,925 – – Net cash (used in)/generated from investing activities (3,339,264) 1,335,811 1,641,334 (252,539) Financial Statements 281
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