Calculate 2018 and 2019 company and compare with 2 years:
Profitability Ratios: 1.return on shareholders funds, 2.gross profit as percentage of sales, 3.net profit as percentage of sales, 4.return on assets ratio 5.Operating profit margin 6.Comprehensive ROA 7.Return on invested capital 8.Asset turnover 9. fixed asset turnover
ii) Liquidity Ratios: current ratio, acid-test ratio, trade payables to purchases ratio, inventory turnover
iii) Solvency Ratios: debts to total assets ratio, times interest earned ratio
74 INCOME STATEMENTS for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group 2018 Company 2019 2018 2019 Revenue Cost of sales Note(s) 5&6 7 7,008.1 (5,113.5) 1,894.6 152.4 (63.6) (310.0) 6,477.9 (4,491.0) 1.986.9 151.4 (60.2) (286.2) Gross profit Other income Selling and distribution costs Administration expenses Reversal of previously recognised impairment losses Impairment losses Other expenses Other gains/(losses) Profit from operations Finance costs Share of results in an associate 9,927.6 (7,265.4) 2.662.2 483.8 (208.9) (642.6) 27.1 (1.969.9) (223.6) 23.7 151.8 (155.8) 10,406.9 (7,912.2) 2,494.7 562.4 (216.7) (783.2) 13.6 (67.6) (244.5) 12.6 1,771.3 (250.3) (31.6) 9 9 8 (103.8) (145.2) 5.3 1,429.7 (148.2) (70.7) (118.8) 12.8 1,615.2 (73.0) 9 21 Profit/(loss) before taxation Taxation 5.9. 10 & 11 12 1,489.4 (157.2) (4.0) (82.3) (86.3) 1,281.5 (96.9) 1,184.6 1,542.2 (182.3) 1,332.2 1.359.9 Profit/(loss) for the financial year Attributable to: Equity holders of the Company Non-controlling interests 1,184.6 1,359.9 1,395.3 (63.1) 1,332.2 (19.5) (66.8) (86.3) 1,184.6 1,359.9 Earnings/(loss) per share attributable to equity holders of the Company: Basic earnings/(loss) per share (sen) Diluted earnings/(loss) per share (sen) 13 24.68 (0.35) (0.35) 13 24.64 * Included in impairment losses of the Group during the financial year ended 31 December 2019 is the impairment loss on investment in promissory notes of RM13.3 million (2018: RM1,834.3 million). STATEMENTS OF COMPREHENSIVE INCOME 75 for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group 2018 Note 2019 Company 2019 2018 1,184.6 1.359.9 1,332.2 (86.3) Profit/(loss) for the financial year Other comprehensive income/(loss), net of tax: Items that will not be reclassified subsequently to profit or loss: Actuarial gain/(loss) on retirement benefit liability Changes in the fair value of equity investments at fair value through other comprehensive income 4.4 (9.6) (30.7) (40.3) 4.4 (2.7) (2.5) Items that may be reclassified subsequently to profit or loss: Cash flow hedges - Fair value changes Net foreign currency exchange differences - Exchange differences on translation of foreign operations Reclassification to profit or loss upon disposal of a subsidiary (43.0) 84.7 (2.6) (45.6) (48.3) 84.7 82.2 12 (43.9) 41.9 Other comprehensive (loss)/income for the financial year, net of tax Total comprehensive income/(loss) for the financial year Total comprehensive income/loss) attributable to: Equity holders of the Company Non-controlling interests 1,288.3 (44.4) 1,184.6 1,359.9 1,184.6 1,359.9 1,348.5 (60.2) 29.8 (74.2) 1,288.3 (44.4) 1,184.6 1,359.9 76 STATEMENTS OF FINANCIAL POSITION as at 31 December 2019 Amounts in RM million unless otherwise stated Group 2019 2018 Company 2019 2018 Note 9,468.2 8,891.5 16,620.9 184.6 1,895.6 4,472.8 872.0 14,840.9 184.7 2,204.3 4,527.3 1.1 ASSETS Non-Current Assets Property, plant and equipment Land held for property development Investment properties Intangible assets Right-of-use assets Subsidiaries Amounts due from subsidiaries Associate Financial assets at fair value through other comprehensive income Financial assets at fair value through profit or loss Other non-current assets Deferred tax assets 15 16 17 18 19 20 20 21 1.0 51.9 12,409.2 324.0 12,099.1 337.4 9.5 115.9 117.1 1.6 1.6 22 23 25 36 10.3 23.3 122.7 74.0 262.1 25,250.1 254.5 250.2 22,379.0 22,266.2 21,354.0 123.3 632.1 108.5 657.5 Current Assets Inventories Trade and other receivables Amounts due from subsidiaries Amounts due from related companies Financial assets at fair value through profit or loss Restricted cash Cash and cash equivalents 26 27 20 28 23 30 30 65.4 378.7 609.3 0.9 559.7 52.7 442.1 44.9 2.8 401.6 1.7 776.7 52.4 6,476.4 8,062.6 5.0 407.8 100.9 7,999.7 4,776.7 5,579.1 6,523.2 6,390.7 9.279.4 59.5 Assets classified as held for sale 29 8,062.6 33,312.7 9.338.9 31.717.9 6,390.7 28,656.9 6.523.2 27,877.2 Total Assets STATEMENTS OF FINANCIAL POSITION (cont'd) 77 as at 31 December 2019 Amounts in RM million unless otherwise stated Group Company 2019 2018 Note 2019 2018 EQUITY AND LIABILITIES Equity Attributable to Equity Holders of the Company Share capital Reserves Treasury shares 31 32 33 1,764.5 17,731.2 (998.1) 18,497.6 (327.6) 18,170.0 1,764.5 17.455.3 (999.1) 18.220.7 (267.4) 17,953.3 1,764.5 16,920.4 (998.1) 17,686.8 1,764.5 16,811.7 (999.1) 17,577.1 Non-controlling interests Total Equity 17,686.8 17,577.1 412.4 64.9 8,483.5 114.6 15.4 9,282.7 94.5 Non-Current Liabilities Long term borrowings Other long term liabilities Amount due to a related company Amount due to a subsidiary Deferred tax liabilities Lease liabilities Derivative financial instruments Retirement benefit liability Provision for retirement gratuities 40 35 28 20 36 37 6,500.0 309.4 42.1 7.600.0 292.5 781.1 24 796.7 779.1 3.0 19.4 203.6 1.0 23.8 198.1 38 194.1 189.9 10,415.3 10,381.2 7,458.0 8,147.3 39 28 20 2,978.4 19.9 2,736.5 25.4 1,673.5 19.5 1,561.3 34.2 1,597.9 25.4 320.0 57.6 28 96.8 Current Liabilities Trade and other payables Amount due to holding company Amounts due to subsidiaries Amounts due to related companies Amount due to an associate Short term borrowings Lease liabilities Derivative financial instruments Taxation 21 40 59.2 20.0 1,524.0 90.6 477.6 151.6 208.1 15.5 37 24 2.2 0.3 33.1 1.8 31.7 3.369.8 13.6 4,727.4 3,512.1 2,152.8 Liabilities classified as held for sale 29 2,152.8 4,727.4 15,142.7 33,312.7 Total Liabilities Total Equity and Liabilities 3.383.4 13.764.6 31.717.9 3,512.1 10,970.1 28,656.9 10.300.1 27,877.2 82 STATEMENTS OF CASH FLOWS (cont'd) for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group Company 2019 2018 2019 2018 (916.1) (1,273.6) (1.853.5) (0.1) (2,517.9) (2.9) (3.3) 120.6 425.0 177.8 25.0 122.2 0.3 0.2 CASH FLOWS FROM INVESTING ACTIVITIES Property, plant and equipment Investment properties Intangible assets Proceeds from disposal of property, plant and equipment Proceeds from disposal of investment properties Proceeds from disposal of a subsidiary Proceeds from redemption of unquoted preference shares Proceeds from disposal of financial assets at fair value through profit or loss Purchase of financial assets at fair value through profit or loss Advances to a subsidiary Acquisition of subsidiaries Investment in an associate Investment in promissory notes Investment and dividend income received Interest received Finance lease rental received Restricted cash Proceeds from government grant NET CASH FLOW FROM INVESTING ACTIVITIES 120.0 (400.0) 120.0 (400.0) (357.0) (150.0) (522.1) (55.1) (663.1) (13.3) 45.6 144.7 28.9 112.1 (23.9) 8.3 147.7 33.9 (4.1) 28.3 9.1 136.4 33.9 (38.6) 90.5 (2,622.0) (1.821.2) (1,446.9) (1,374.0) (40.1) (1,073.7) (473.2) 888.6 (111.4) (1.074.6) (306.0) 343.1 2.600.0 (250.1) (5.5) (40.1) (1,073.7) (385.8) 527.9 CASH FLOWS FROM FINANCING ACTIVITIES Buy-back of own shares Dividends paid Finance costs paid Proceeds from bank borrowings Proceeds from issuance of medium term notes Repayment of borrowings Repayment of transaction costs Repayment of lease liabilities Borrowing from a subsidiary Restricted cash (111.4) (1.074.6) (240.4) 210.7 (127.3) (635.4) (13.2) (114.4) (2.1) (16.7) - 3.6 2,596.5 3.6 (1,461.4) (1,506.2) 1.199.1 1.988.4 (1,115.7) (808.9) 1.382.3 1.953.8 NET CASH FLOW FROM FINANCING ACTIVITIES NET MOVEMENT IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR EFFECT OF CURRENCY TRANSLATION CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 5,579.1 7,999.7 (17.1) 5.996.6 14.7 3,618.5 6.8 6.5 6,476.4 7,999.7 4,776.7 5,579.1 ANALYSIS OF CASH AND CASH EQUIVALENTS Bank balances and deposits (Note 30) Money market instruments (Note 30) 2.661.1 3,590.8 2,885.6 3,875.1 4.124.6 2,164.8 2,611.9 2,918.0 6,476.4 7.999.7 4,776.7 5,579.1 Details of significant non-cash transactions during the financial year are set out in Note 44 to the financial statements. 81 STATEMENTS OF CASH FLOWS for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group 2018 Company 2019 2018 2019 1,489.4 (4.0) 1,281.5 1,542.2 954.8 22.3 (1.0) 491.8 21.8 (0.1) 452.0 20.0 CASH FLOWS FROM OPERATING ACTIVITIES Profit/(loss) before taxation Adjustments for: Depreciation and amortisation Property, plant and equipment written off Net loss/gain) on disposal of property, plant and equipment Net gain on disposal of investment properties Gain on disposal of land held for property development Gain on disposal of a subsidiary Reversal of previously recognised impairment losses Impairment losses (Reversal of impairment losses impairment losses on receivables Fair value gain on financial assets at fair value through profit or loss Net fair value (gain)/loss on derivative financial instruments Investment income Interest income Dividend income Finance costs Provision for onerous leases Provision for retirement gratuities Provision for termination related costs Employee share scheme expenses Deferred income recognised for government grant Net foreign currency exchange losses/gains) - unrealised Share of results in an associate 1,070.6 23.0 1.7 (132.1) (3.8) (123.8) (13.6) 67.6 (1.6) (7.6) (0.3) (20.5) (110.5) (5.8) 250.3 70.7 (27.1) 1,969.9 5.8 (0.2) 0.3 (7.7) (299.0) (6.3) 103.8 (0.3) (8.2) (0.3) (20.5) (77.9) (217.4) 148.2 (1.6) 0.3 (7.8) (67.7) (80.1) 73.0 155.8 0.4 19.4 18.4 21.4 27.6 45.4 53.4 53.4 22.9 27.6 45.4 (7.0) 4.6 31.6 1,118.7 2,608.1 (23.2) 7.1 (10.0) 2,817.6 2.813.6 542.4 1,823.9 520.6 2,062.8 Operating profit before working capital changes Working capital changes: Inventories Receivables Payables Holding company Related companies Associate Subsidiaries Restricted cash Other non-current assets - (10.8) 53.1 34.4 (5.5) (37.2) 20.0 2.8 (21.1) 134.7 3.8 (63.1) (12.7) 114.2 (62.4) (5.9) (21.8) 2.0 27.4 22.6 3.8 9.6 2.5 18.1 85.9 7.7 147.6 (27.0) (28.0) 2.1 7.3 21.2 (2.6) 80.9 1,845.1 2.143.7 Cash generated from operations Retirement gratuities paid Taxation paid Taxation refund Onerous lease paid 2,755.7 (14.2) ( (182.3) 18.0 2.815.7 (2.9) (297.4) 99.1 (4.0) (205.2) (13.5) (77.9) (2.3) (195.9) (178.5) 2,577.2 (91.4) 1,753.7 ( (198.2) 1.945.5 NET CASH FLOW FROM OPERATING ACTIVITIES 2.610.5 74 INCOME STATEMENTS for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group 2018 Company 2019 2018 2019 Revenue Cost of sales Note(s) 5&6 7 7,008.1 (5,113.5) 1,894.6 152.4 (63.6) (310.0) 6,477.9 (4,491.0) 1.986.9 151.4 (60.2) (286.2) Gross profit Other income Selling and distribution costs Administration expenses Reversal of previously recognised impairment losses Impairment losses Other expenses Other gains/(losses) Profit from operations Finance costs Share of results in an associate 9,927.6 (7,265.4) 2.662.2 483.8 (208.9) (642.6) 27.1 (1.969.9) (223.6) 23.7 151.8 (155.8) 10,406.9 (7,912.2) 2,494.7 562.4 (216.7) (783.2) 13.6 (67.6) (244.5) 12.6 1,771.3 (250.3) (31.6) 9 9 8 (103.8) (145.2) 5.3 1,429.7 (148.2) (70.7) (118.8) 12.8 1,615.2 (73.0) 9 21 Profit/(loss) before taxation Taxation 5.9. 10 & 11 12 1,489.4 (157.2) (4.0) (82.3) (86.3) 1,281.5 (96.9) 1,184.6 1,542.2 (182.3) 1,332.2 1.359.9 Profit/(loss) for the financial year Attributable to: Equity holders of the Company Non-controlling interests 1,184.6 1,359.9 1,395.3 (63.1) 1,332.2 (19.5) (66.8) (86.3) 1,184.6 1,359.9 Earnings/(loss) per share attributable to equity holders of the Company: Basic earnings/(loss) per share (sen) Diluted earnings/(loss) per share (sen) 13 24.68 (0.35) (0.35) 13 24.64 * Included in impairment losses of the Group during the financial year ended 31 December 2019 is the impairment loss on investment in promissory notes of RM13.3 million (2018: RM1,834.3 million). STATEMENTS OF COMPREHENSIVE INCOME 75 for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group 2018 Note 2019 Company 2019 2018 1,184.6 1.359.9 1,332.2 (86.3) Profit/(loss) for the financial year Other comprehensive income/(loss), net of tax: Items that will not be reclassified subsequently to profit or loss: Actuarial gain/(loss) on retirement benefit liability Changes in the fair value of equity investments at fair value through other comprehensive income 4.4 (9.6) (30.7) (40.3) 4.4 (2.7) (2.5) Items that may be reclassified subsequently to profit or loss: Cash flow hedges - Fair value changes Net foreign currency exchange differences - Exchange differences on translation of foreign operations Reclassification to profit or loss upon disposal of a subsidiary (43.0) 84.7 (2.6) (45.6) (48.3) 84.7 82.2 12 (43.9) 41.9 Other comprehensive (loss)/income for the financial year, net of tax Total comprehensive income/(loss) for the financial year Total comprehensive income/loss) attributable to: Equity holders of the Company Non-controlling interests 1,288.3 (44.4) 1,184.6 1,359.9 1,184.6 1,359.9 1,348.5 (60.2) 29.8 (74.2) 1,288.3 (44.4) 1,184.6 1,359.9 76 STATEMENTS OF FINANCIAL POSITION as at 31 December 2019 Amounts in RM million unless otherwise stated Group 2019 2018 Company 2019 2018 Note 9,468.2 8,891.5 16,620.9 184.6 1,895.6 4,472.8 872.0 14,840.9 184.7 2,204.3 4,527.3 1.1 ASSETS Non-Current Assets Property, plant and equipment Land held for property development Investment properties Intangible assets Right-of-use assets Subsidiaries Amounts due from subsidiaries Associate Financial assets at fair value through other comprehensive income Financial assets at fair value through profit or loss Other non-current assets Deferred tax assets 15 16 17 18 19 20 20 21 1.0 51.9 12,409.2 324.0 12,099.1 337.4 9.5 115.9 117.1 1.6 1.6 22 23 25 36 10.3 23.3 122.7 74.0 262.1 25,250.1 254.5 250.2 22,379.0 22,266.2 21,354.0 123.3 632.1 108.5 657.5 Current Assets Inventories Trade and other receivables Amounts due from subsidiaries Amounts due from related companies Financial assets at fair value through profit or loss Restricted cash Cash and cash equivalents 26 27 20 28 23 30 30 65.4 378.7 609.3 0.9 559.7 52.7 442.1 44.9 2.8 401.6 1.7 776.7 52.4 6,476.4 8,062.6 5.0 407.8 100.9 7,999.7 4,776.7 5,579.1 6,523.2 6,390.7 9.279.4 59.5 Assets classified as held for sale 29 8,062.6 33,312.7 9.338.9 31.717.9 6,390.7 28,656.9 6.523.2 27,877.2 Total Assets STATEMENTS OF FINANCIAL POSITION (cont'd) 77 as at 31 December 2019 Amounts in RM million unless otherwise stated Group Company 2019 2018 Note 2019 2018 EQUITY AND LIABILITIES Equity Attributable to Equity Holders of the Company Share capital Reserves Treasury shares 31 32 33 1,764.5 17,731.2 (998.1) 18,497.6 (327.6) 18,170.0 1,764.5 17.455.3 (999.1) 18.220.7 (267.4) 17,953.3 1,764.5 16,920.4 (998.1) 17,686.8 1,764.5 16,811.7 (999.1) 17,577.1 Non-controlling interests Total Equity 17,686.8 17,577.1 412.4 64.9 8,483.5 114.6 15.4 9,282.7 94.5 Non-Current Liabilities Long term borrowings Other long term liabilities Amount due to a related company Amount due to a subsidiary Deferred tax liabilities Lease liabilities Derivative financial instruments Retirement benefit liability Provision for retirement gratuities 40 35 28 20 36 37 6,500.0 309.4 42.1 7.600.0 292.5 781.1 24 796.7 779.1 3.0 19.4 203.6 1.0 23.8 198.1 38 194.1 189.9 10,415.3 10,381.2 7,458.0 8,147.3 39 28 20 2,978.4 19.9 2,736.5 25.4 1,673.5 19.5 1,561.3 34.2 1,597.9 25.4 320.0 57.6 28 96.8 Current Liabilities Trade and other payables Amount due to holding company Amounts due to subsidiaries Amounts due to related companies Amount due to an associate Short term borrowings Lease liabilities Derivative financial instruments Taxation 21 40 59.2 20.0 1,524.0 90.6 477.6 151.6 208.1 15.5 37 24 2.2 0.3 33.1 1.8 31.7 3.369.8 13.6 4,727.4 3,512.1 2,152.8 Liabilities classified as held for sale 29 2,152.8 4,727.4 15,142.7 33,312.7 Total Liabilities Total Equity and Liabilities 3.383.4 13.764.6 31.717.9 3,512.1 10,970.1 28,656.9 10.300.1 27,877.2 82 STATEMENTS OF CASH FLOWS (cont'd) for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group Company 2019 2018 2019 2018 (916.1) (1,273.6) (1.853.5) (0.1) (2,517.9) (2.9) (3.3) 120.6 425.0 177.8 25.0 122.2 0.3 0.2 CASH FLOWS FROM INVESTING ACTIVITIES Property, plant and equipment Investment properties Intangible assets Proceeds from disposal of property, plant and equipment Proceeds from disposal of investment properties Proceeds from disposal of a subsidiary Proceeds from redemption of unquoted preference shares Proceeds from disposal of financial assets at fair value through profit or loss Purchase of financial assets at fair value through profit or loss Advances to a subsidiary Acquisition of subsidiaries Investment in an associate Investment in promissory notes Investment and dividend income received Interest received Finance lease rental received Restricted cash Proceeds from government grant NET CASH FLOW FROM INVESTING ACTIVITIES 120.0 (400.0) 120.0 (400.0) (357.0) (150.0) (522.1) (55.1) (663.1) (13.3) 45.6 144.7 28.9 112.1 (23.9) 8.3 147.7 33.9 (4.1) 28.3 9.1 136.4 33.9 (38.6) 90.5 (2,622.0) (1.821.2) (1,446.9) (1,374.0) (40.1) (1,073.7) (473.2) 888.6 (111.4) (1.074.6) (306.0) 343.1 2.600.0 (250.1) (5.5) (40.1) (1,073.7) (385.8) 527.9 CASH FLOWS FROM FINANCING ACTIVITIES Buy-back of own shares Dividends paid Finance costs paid Proceeds from bank borrowings Proceeds from issuance of medium term notes Repayment of borrowings Repayment of transaction costs Repayment of lease liabilities Borrowing from a subsidiary Restricted cash (111.4) (1.074.6) (240.4) 210.7 (127.3) (635.4) (13.2) (114.4) (2.1) (16.7) - 3.6 2,596.5 3.6 (1,461.4) (1,506.2) 1.199.1 1.988.4 (1,115.7) (808.9) 1.382.3 1.953.8 NET CASH FLOW FROM FINANCING ACTIVITIES NET MOVEMENT IN CASH AND CASH EQUIVALENTS CASH AND CASH EQUIVALENTS AT BEGINNING OF FINANCIAL YEAR EFFECT OF CURRENCY TRANSLATION CASH AND CASH EQUIVALENTS AT END OF FINANCIAL YEAR 5,579.1 7,999.7 (17.1) 5.996.6 14.7 3,618.5 6.8 6.5 6,476.4 7,999.7 4,776.7 5,579.1 ANALYSIS OF CASH AND CASH EQUIVALENTS Bank balances and deposits (Note 30) Money market instruments (Note 30) 2.661.1 3,590.8 2,885.6 3,875.1 4.124.6 2,164.8 2,611.9 2,918.0 6,476.4 7.999.7 4,776.7 5,579.1 Details of significant non-cash transactions during the financial year are set out in Note 44 to the financial statements. 81 STATEMENTS OF CASH FLOWS for the Financial Year Ended 31 December 2019 Amounts in RM million unless otherwise stated Group 2018 Company 2019 2018 2019 1,489.4 (4.0) 1,281.5 1,542.2 954.8 22.3 (1.0) 491.8 21.8 (0.1) 452.0 20.0 CASH FLOWS FROM OPERATING ACTIVITIES Profit/(loss) before taxation Adjustments for: Depreciation and amortisation Property, plant and equipment written off Net loss/gain) on disposal of property, plant and equipment Net gain on disposal of investment properties Gain on disposal of land held for property development Gain on disposal of a subsidiary Reversal of previously recognised impairment losses Impairment losses (Reversal of impairment losses impairment losses on receivables Fair value gain on financial assets at fair value through profit or loss Net fair value (gain)/loss on derivative financial instruments Investment income Interest income Dividend income Finance costs Provision for onerous leases Provision for retirement gratuities Provision for termination related costs Employee share scheme expenses Deferred income recognised for government grant Net foreign currency exchange losses/gains) - unrealised Share of results in an associate 1,070.6 23.0 1.7 (132.1) (3.8) (123.8) (13.6) 67.6 (1.6) (7.6) (0.3) (20.5) (110.5) (5.8) 250.3 70.7 (27.1) 1,969.9 5.8 (0.2) 0.3 (7.7) (299.0) (6.3) 103.8 (0.3) (8.2) (0.3) (20.5) (77.9) (217.4) 148.2 (1.6) 0.3 (7.8) (67.7) (80.1) 73.0 155.8 0.4 19.4 18.4 21.4 27.6 45.4 53.4 53.4 22.9 27.6 45.4 (7.0) 4.6 31.6 1,118.7 2,608.1 (23.2) 7.1 (10.0) 2,817.6 2.813.6 542.4 1,823.9 520.6 2,062.8 Operating profit before working capital changes Working capital changes: Inventories Receivables Payables Holding company Related companies Associate Subsidiaries Restricted cash Other non-current assets - (10.8) 53.1 34.4 (5.5) (37.2) 20.0 2.8 (21.1) 134.7 3.8 (63.1) (12.7) 114.2 (62.4) (5.9) (21.8) 2.0 27.4 22.6 3.8 9.6 2.5 18.1 85.9 7.7 147.6 (27.0) (28.0) 2.1 7.3 21.2 (2.6) 80.9 1,845.1 2.143.7 Cash generated from operations Retirement gratuities paid Taxation paid Taxation refund Onerous lease paid 2,755.7 (14.2) ( (182.3) 18.0 2.815.7 (2.9) (297.4) 99.1 (4.0) (205.2) (13.5) (77.9) (2.3) (195.9) (178.5) 2,577.2 (91.4) 1,753.7 ( (198.2) 1.945.5 NET CASH FLOW FROM OPERATING ACTIVITIES 2.610.5
