IHH Annual Report 2018

Group Company Note 2018 RM’000 2017 RM’000 2018 RM’000 2017 RM’000 Cash flows from operating activities Profit before tax 752,470 1,164,453 246,664 715,361 Adjustments for: Dividend income 27 (3,639) (2,128) (2,577,204) (606,107) Finance income 29 (174,943) (151,839) (25,726) (18,689) Finance costs 29 978,822 794,304 2,042 8 Depreciation and impairment of property, plant and equipment 3 880,701 915,769 859 865 Amortisation and impairment of intangible assets and prepaid lease payments 6 58,457 62,311 – – Impairment loss made/(written back): –– Investment in a subsidiary – – 2,295,921 (72) –– Goodwill 30 66,168 – – – –– Investment in a joint venture 30 33,353 – – – –– Trade and other receivables 30 (34,539) 11,066 – – –– Amounts due from associates 30 – (901) – – –– Amounts due from joint ventures 30 52 575 – – Write-off: –– Property, plant and equipment 30 1,219 2,874 – – –– Intangible assets 30 174 248 – – –– Inventories 30 1,903 5,137 – – –– Trade and other receivables 30 13,337 28,074 – – Gain on disposal of property, plant and equipment 30 (831) (15,349) (107) – Gain on disposal of a subsidiary 30 – (1,149) – – Gain on disposal of available-for-sale financial instruments –– quoted 30 – (554,500) – – –– unquoted 30 – (4,695) – (167) Realised gain on foreign exchange on return of capital by a foreign subsidiary 30 – – – (202,365) (Gain)/Loss on disposal of business units (2,925) 776 – – Change in fair value of investment properties 30 (74,192) (22,922) – – Provision for financial guarantee given to a joint venture’s loan 30 3,967 1,570 – – Share of profits of associates (net of tax) (11,515) (1,543) – – Share of profits of joint ventures (net of tax) (1,897) (577) – – Equity-settled share-based payment 22 38,964 52,186 11,309 12,069 Net unrealised foreign exchange differences (183,675) 108,751 (11,906) 38,308 Operating profit/(loss) before changes in working capital 2,341,431 2,392,491 (58,148) (60,789) Changes in working capital: Development properties (5,702) (46,040) – – Inventories (38,873) (39,097) – – Trade and other receivables (153,199) (71,731) 12,815 14,556 Trade and other payables 100,681 298,800 2,469 (4,338) Cash generated from/(used in) operations 2,244,338 2,534,423 (42,864) (50,571) Tax paid (380,080) (273,724) (3,835) (2,941) Net cash from/(used in) operating activities 1,864,258 2,260,699 (46,699) (53,512) The notes on pages 167 to 297 are an integral part of these financial statements. IHH Healthcare Berhad | Annual Report 2018 164 Financial Statements Statements of Cash Flows for the year ended 31 December 2018