CAHYA MATA SARAWAK ANNUAL REPORT 2016

101 Cahya Mata Sarawak Berhad A N N U A L R E P O R T 2 0 1 6 Section 07 Financial StatementS Note 2016 2015 Company (cont'd.) RM’000 RM’000 Investing activities Acquisition of an associate - (186,790) Acquisition of a derivative financial asset 28 - (35,414) Acquisition of investment securities (19,239) (52,667) Acquisition of property, plant and equipment 13 (13) (889) Additional costs incurred on intangible assets 17 - (254) Additional costs incurred on investment properties 16 - (338) Dividends received 93,776 74,089 Proceeds from disposal of investment securities 108,735 83,626 Proceeds from disposal of property, plant and equipment 2,390 - Proceeds from disposal of investment properties 26,545 - Proceeds from disposal of intangible assets 247 - Subscription of additional shares in an existing subsidiaries 19(b) (191,900) (90,952) Net cash flows from/(used in) investing activities 20,541 (209,589) Financing activities Dividends paid to owners of the Company 44(a) (32,231) (90,945) Drawdown of borrowings 30 35,000 - Decrease in wholesale fund pledged to a licensed bank - 23,000 Proceeds from subsidiaries for allocation of share options to their employees - 3,850 Proceeds from exercise of employees’ share options 36(b) - 43,586 Net cash flows from/(used in) financing activities 2,769 (20,509) Net increase/(decrease) in cash and cash equivalents 134,248 (394,719) Cash and cash equivalents at 1 January 256,671 651,390 Cash and cash equivalents at 31 December 29 390,919 256,671 Statements of Cash Flows For the financial year ended 31 December 2016 The accompanying accounting policies and explanatory notes form an integral part of the financial statements.