The accompanying notes are an integral part of the financial statements. CONSOLIDATED STATEMENT OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2022 (CURRENCY - SINGAPORE DOLLARS UNLESS OTHERWISE STATED) Group Note 2022 $’000 2021 $’000 Cash flows from investing activities Proceeds from disposal of property, plant and equipment 20,308 16,266 Proceeds from disposal of associate and joint venture 8,832 361 Proceeds from disposal of investments – 1,836 Purchase of property, plant and equipment (762,927) (312,039) Purchase of investments (16,124) (14,322) Additions to other intangible assets (203,204) (116,735) Dividends from associates and joint ventures 40,475 24,348 Investments in associates and joint ventures (25,051) (9,884) Return of capital by joint venture – 3,752 Repayment of loans by associate 196 – Loan to associates and joint ventures (58,298) (44,577) Acquisition of controlling interests in subsidiaries, net of cash acquired (3,630,087) 7,333 Disposal of subsidiaries, net of cash disposed 54,392 30,010 Net cash used in investing activities (4,571,488) (413,651) Cash flows from financing activities Proceeds from bank loans 1,098,690 132,027 Proceeds from medium term note issuance 1,385,000 – Proceeds from issuance of commercial papers 4,206,138 756,896 Proceeds from other loans – 10,933 Proceeds from settlement of derivatives 124,425 – Proceeds from finance lease receivables 233 882 Repayment of bank loans (386,204) (35,103) Repayment of commercial papers (1,852,969) (810,960) Repayment of other loans – (30,933) Repayment of lease liabilities (83,894) (73,456) Purchase of treasury shares (26,430) (32,894) Capital contribution from non-controlling interests of a subsidiary 50 – Acquisition of non-controlling interests in a subsidiary – (15,485) Dividends paid to shareholders of the Company (685,625) (467,891) Dividends paid to non-controlling interests (9,225) (16,554) Interest paid (72,382) (33,644) Deposits (pledged) / discharged (22) 1,145 Net cash from / (used in) financing activities 3,697,785 (615,037) Net change in cash and cash equivalents (200,608) 85,584 Cash and cash equivalents at beginning of the year 815,924 729,479 Effect of exchange rate changes on balances held in foreign currency (13,567) 861 Cash and cash equivalents at end of the year C8 601,749 815,924 CORPORATE OVERVIEW PERFORMANCE REVIEW SUSTAINABILITY FINANCIAL REPORT 141
RkJQdWJsaXNoZXIy NjMyNDM=