DMIT_Annual_Report_2018_EN

Dar Al-Maal Al-Islami Trust 19 C ONSOLIDATED S TATEMENT OF C ASH F LOWS FOR THE YEAR ENDED 31 D ECEMBER ( CONTINUED ) (Thousands of US dollars) Notes 2018 2017 Cash flows from investing activities Purchase of investment property 13 (14,444) (4,966) Sale of investment property 13 17,247 23,526 Dividends from associated companies 15 37,387 22,484 Net decrease of investment securities 90,114 150,441 Purchase of property, plant and equipment and intangibles 16,17 (53,557) (44,358) Sale of property, plant and equipment and intangibles 16,17 90,645 3,608 Sale of subsidiaries 18 - - Sold / Acquired non-current assets via settlements 18 385 (1,005) Net cash provided by investing activities 167,777 149,730 Cash flows from financing activities Dividends paid outflow (427) (187) Cash outflow return of shares of subsidiary (796) (1,325) Cash outflow on dividends paid to non-controlling interests - (15,782) Net cash used in financing activities (1,223) (17,294) Foreign currency translation adjustments (103,382) 93,739 Net increase in cash and cash equivalents (206,589) 75,824 Cash and cash equivalents at beginning of year 837,344 761,520 Cash and cash equivalents at end of year 630,755 837,344 Non-cash items included a transfer of investment amounting to USD 477,182 from investment for associate to non-current asset held for sale. The notes on pages 21 to 95 form an integral part of these consolidated financial statements.