188 / 244
Annual Report 2020
184
Notes to the Financial Statements
As at 31 March 2020
kumpulan Fima Berhad
(197201000167)(11817-V)
17. Investment in subsidiaries (cont’d.)
(iii) Summarised statement of cash flows
FCB Group
IFC
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Net cash generated from/(used in)
operating activities
17,574
35,063
36,217
(83)
Net cash generated from/(used in)
investing activities
10,364
(108,371)
(3,896)
(3,399)
Net cash used in financing activities
(34,488)
(36,337)
-
-
Net (decrease)/increase in cash and cash
equivalents
(6,550)
(109,645)
32,321
(3,482)
Cash and cash equivalents at beginning
of year
57,855
165,596
15,587
18,643
Effect of exchange rate changes
(3,754)
1,904
1,404
426
Cash and cash equivalents at end of year
47,551
57,855
49,312
15,587
18. Investment in associates
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Unquoted shares, at cost
12,251
12,251
2,251
2,251
Impairment loss
-
-
(621)
-
Share of post acquisition results
20,986
19,023
-
-
33,237
31,274
1,630
2,251
Details of the associates are described in Note 45.
The financial statements of the associates are coterminous with those of the Group, except for Giesecke & Devrient
Malaysia Sdn. Bhd. (“G&D”) which has a financial year end of 31 December to conform with its holding company’s
financial year end. For the purpose of applying the equity method of accounting, the financial statements of G&D for
the year ended 31 December 2019 have been used and appropriate adjustments have been made for the effects of
transactions between 31 December 2019 and 31 March 2020.