STATEMENTS OFCASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 (Restated) (Restated) CASH FLOWS FROM OPERATING ACTIVITIES (Loss)/profit for the financial year from: - Continuing operations (288,490) 37,377 (358,656) (422,641) - Discontinuing operations (11,279) (1,717) - - (299,769) 35,660 (358,656) (422,641) Adjustments for: Taxation (11,074) 27,509 1,373 2,683 Depreciation of property, plant and equipment 78,849 52,091 707 791 Gain on disposal of property, plant and equipment - (26) - - Depreciation of right-of-use asset 3,643 3,509 835 835 Loan modification costs recharged to a subsidiary - - (26,818) - Intangible assets written off 1,086 - 1,080Impairment of property, plant and equipment 130,637 1,390 - - Impairment of right-use-of assets 7,968 - - - Property, plant and equipment written off 1,444 967 264 773 Impairment of intangible assets 179 - - - Amortisation of intangible assets 8,722 6,880 1,778 1,485 Amortisation of advance payment 1,508 928 - - Unrealised (gain)/loss on sugar commodity options/sugar future contracts (2,388) 630 - - Unrealised gain on foreign currency exchange translation (29) - - - Asset held for sale written-off 480 - - - Inventories written down to net realisable value 49,432 - - - Dividend income - - (43,718) - Interest income (4,032) (4,057) (60,366) (59,410) Interest expense 82,128 38,508 73,844 43,722 Impairment loss of investment in a subsidiary - - 437,672 391,134 Impairment/(Reversal of impairment) of receivables and loans due from subsidiaries and related company 4,583 3,018 (32,282) 32,709 Inventories written off 1,537 7,631 - - Zakat 14 1,500 - - 54,918 176,138 (4,287) (7,919) MSM Malaysia Holdings Berhad | Annual Report 2019 122
RkJQdWJsaXNoZXIy NDgzMzc=