ESR AR 2019 EN

Consolidated Statement of Cash Flows For the year ended 31 December 2019 129 CONSOLIDATED STATEMENT OF CASH FLOWS ESR Annual Report 2019 2019 2018 Notes USD’000 USD’000 Cash flows used in investing activities Purchases of property, plant and equipment (15,350) (13,229) Disposal of property, plant and equipment 33 – Additions of other intangible assets 21 (918) (499) Additions of investment properties (462,037) (106,998) Disposal of investment properties 217,672 – Prepayments for acquiring land use rights (4,297) (8,729) Increase in deposits for bidding of land use rights – (16,476) Purchase of financial assets at fair value through profit or loss (165,155) (154,481) Prepayments for financial assets at fair value through profit or loss – (42,763) Dividend income from financial assets at fair value through profits or loss 14,248 – Distribution from financial assets at fair value through profits or loss 106,388 – Purchase of financial assets designated at fair value through other comprehensive income (85,247) (243,745) Dividend income from financial assets designated at fair value through other comprehensive income 20,319 26,142 Disposal of financial assets at fair value through other comprehensive income 100,941 – Acquisition of subsidiaries 34 (546,032) (165,985) Disposal of subsidiaries 36 193,324 (11,415) Capital injection in joint ventures (145,422) (31,160) Purchase of other investment (7,530) – Dividend income from associates 4,221 – Addition to investment in associates (126) – Advances to related parties (3,824) (3,652) Release of non-pledged fixed time deposits with maturity period over three months 15,318 – Interest received 7,974 1,530 Increase in non-pledged fixed time deposits with maturity period over three months (881) (15,318) Net cash flows used in investing activities (756,381) (786,778)