Annual Report 2020

STATEMENTOF CASHFLOW For the financial year ended 31December 2020 Group Company Note 2020 RM'000 2019 RM'000 2020 RM'000 2019 RM'000 Cash flows from operating activities (Loss)/profit before taxation (5,551,299) (521,660) (257,139) 2,937,876 Adjustments for: Property, plant and equipment - Depreciation 11 150,920 221,502 - - - Gain on disposals 4(b) (184,139) (101,544) - - - Write off 11 5,588 879 - - - Impairment 11 43,670 - - - Right-of-use assets - Depreciation 29 1,922,078 1,241,749 - - - Gain on derecognition 4(b) - (22,458) - - - Impairment 29 552,290 - - - Amortisation of intangible assets 16 282 471 - - Impairment of: - trade and other receivables 6 397,959 5,415 - - - amounts due from associates 6 264,071 - 213,710 - - amounts due from related part 6 615,578 - - - - investment in an associate 14 59,272 - - - - finance lease receivables 29 90,035 - - - Dividend income from: - investment securities 4(b) (5,033) (6,331) (3,637) (3,253) - a subsidiary 4(b) - - - (3,007,776) Share of results of - joint ventures 693 - - - - associates 62,822 448,874 - - Gain on disposal of investment in: - an associate 14 (152,912) - - - Provision for retirement benefits 16,209 16,343 - - Aircraft maintenance provisions 27 192,163 608,692 - - Net fair value losses on derivatives 8(d) 141,953 247,593 - - Remeasurement gain on retained interest in a previous associate (76,456) - - - Net unrealised foreign exchange (gain)/loss (436,255) (125,146) (2,300) 2,359 Operating (loss)/profit (1,890,511) 2,014,379 (49,366) (70,794) Interest expense 8(b) 135,440 272,640 2 - Interest expense - Lease liabilities 8(b) 578,211 503,093 - - Interest income 8(a) (65,176) (58,588) (298) (18,733) Interest income - Finance lease receivables 8(a) (50,768) (61,402) - - (1,292,804) 2,670,122 (49,662) (89,527) Changes in working capital: Inventories 6,969 (38,547) - - Receivables and prepayments 192,932 154,254 2,706 (2,677) Payables and provisions 250,994 (167,507) 5,371 1,067 Sales in advance (234,200) 41,555 - - Amounts due from/to subsidiaries, associates, joint venture and related parties (1,016,999) 15,918 54,008 (651,531) 184 AIRASIA GROUP BERHAD