(26,381.0) (95,181.0) - Joint venture 0 (0.1) 0 0 Proceeds from redemptions: - Investment in unquoted debt security 0 50.0 0 50.0 - Redeemable Preference Shares (‘RPS’) in associates 0 2.6 0 0 Disposals of financial assets at FVTPL 37,102.6 91,605.8 31,327.0 89,662.7 Dividend income received 205.2 98.1 65.0 152.8 Finance income received 488.5 145.9 359.6 69.1 PPE: - Additions (10,599.2) (8,428.9) (8,421.0) (6,876.9) - Proceeds from disposals 10.7 41.3 34.7 14.0 Intangible assets: - Addition 0 (145.8) 0 0 Proceeds from disposals of ROU assets 4.9 8.2 4.9 8.2 Advances granted to subsidiaries 0 0 (217.1) (1,072.0) Repayment of advances from subsidiaries 0 0 1,048.7 376.4 Deposits maturing more than 90 days - Invested (4,393.9) (2,696.3) (139.5) 0 - Matured 3,380.3 2,883.2 139.5 0 Net cash flows usedin investing activities (5,784.7) (14,366.2) (2,179.2) (12,805.7) CASH FLOWS FROM FINANCING ACTIVITIES Government development grants received 13.3 3.3 0 0 Long term borrowings: - Drawdowns 4,441.5 7,493.7 0 4,000.0 - Repayments (1,205.7) (2,556.3) (105.5) (105.5) Short term borrowings: - Drawdowns 6,170.8 17,427.9 5,500.0 16,475.0 - Repayments (12,980.0) (10,304.2) (12,235.0) (9,490.0) Finance cost paid (2,860.4) (2,657.2) (1,386.6) (1,212.2) Repayments of lease obligations: - Principal (2,375.7) (2,116.7) (3,258.1) (3,475.5) - Interest (1,639.7) (1,656.1) (4,080.2) (4,213.8) TENAGA NASIONAL BERHAD Integrated Annual Report 2023 212 CONSOLIDATED STATEMENT OF CASH FLOWS For The Financial Year Ended 31 December 2023 Group Company 2023 RM’million 2022 RM’million 2023 RM’million 2022 RM’million (Restated) CASH FLOWS FROM FINANCING ACTIVITIES (CONTINUED) Dividends paid to shareholders (2,537.5) (2,181.3) (2,537.5) (2,181.3) Dividends paid to NCI 0 (17.7) 0 0 Redemption of RPS by NCI (24.0) (73.5) 0 0 Net increase in debt reserve accounts (357.5) (4.1) 0 0 Net decrease in cash at bank, held in trust 42.8 58.3 0 0 Net decrease/(increase) in restricted cash 0.3 (7.2) 0 0 Net cash flows (used in)/generated from financing