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Tenaga Nasional Berhad 205 Annual Report 2009CASH FLOW STATEMENTSfor the financial year ended 31 August 2009Group company2009 2008 2009 2008RM’million RM’million RM’million RM’millionCASH FLOWS FROM OPERATING ACTIVITIESProfit for the year 853.0 2,600.4 1,070.7 2,663.6Adjustments for:Taxation and zakat 690.1 424.8 616.0 440.4Depreciation 3,537.7 3,528.7 2,899.4 2,860.8Amortisation of prepaid operating leases 23.8 26.6 16.4 19.2Provision for employee benefits 697.6 682.8 673.7 646.0Provision for share options 26.3 27.1 25.2 25.4Translation loss/(gain) 1,177.8 (53.2) 827.0 4.8Release of deferred income (356.4) (345.1) (317.2) (307.6)Gain on disposal of property, plant and equipment (0.3) (9.8) (0.1) (9.7)Gain on disposal of non-current assets held for sale (26.9) (238.6) (27.1) (238.6)Gain on disposal of prepaid operating leases (3.9) (1.3) (3.9) (1.3)Gain on disposal of redemption of RPS (subsidiaries) 0 0 (230.8) 0Share of results of associates (33.1) (44.9) 0 0Dividend income 0 (4.1) (54.1) (671.9)Interest income (177.1) (191.0) (308.3) (301.0)Interest on borrowings 996.8 975.6 699.8 698.9Property, plant and equipment written off 12.9 45.3 6.6 29.9Release of Government development grants (44.6) (56.9) 0 0Allowance for doubtful debts 76.7 33.5 75.5 26.5(Write-back) of allowance for doubtful debts (8.1) (32.5) (1.2) (26.2)Allowance for diminution in value of subsidiaries 0 0 42.9 0Allowance for diminution in value of amount due from subsidiaries 0 0 (236.9) (68.2)Allowance for diminution in value of marketable securities 0.2 2.1 0.2 2.1Allowance for diminution in value of long term investment 0 0 59.4 0(Write-back)/allowance for inventory obsolescence (6.9) 0.2 (8.3) (0.9)Inventories written off 21.5 23.5 21.3 23.27,457.1 7,393.2 5,846.2 5,815.4Inventories 253.1 (484.4) 101.9 (65.2)Receivables (489.3) (473.9) (252.0) (86.2)Payables 231.9 906.3 143.9 514.1Amount due from/to subsidiaries 0 0 (46.6) (612.5)Amount due from/to associates (15.9) 119.9 (17.6) 117.5Cash generated from operations 7,436.9 7,461.1 5,775.8 5,683.1Employee benefits paid (351.8) (275.4) (351.1) (274.3)Consumer contributions received 409.2 441.0 353.5 383.7Consumer deposits received 165.4 232.4 156.9 215.1Taxation and zakat paid (250.4) (519.0) (235.4) (499.5)Taxation refund received 0 1.4 0 0Net cash flow from operating activities 7,409.3 7,341.5 5,699.7 5,508.1The notes set out on pages 207 to 303 form an integral part of these financial statements.