ESR AR 2019 EN

Notes to the Consolidated Financial Statements 31 December 2019 202 Focused 30. NOTES TO THE CONSOLIDATED STATEMENT OF CASH FLOWS (a) Major non-cash transactions The Group had non-cash additions to right-of-use assets and lease liabilities of USD5,305,000 and USD5,185,000 (2018: USD3,559,000 and USD3,440,000). (b) Changes in liabilities arising from financing activities Bank and other loans Liability component of the redeemable convertible preference shares Interest payable Other payable – due to related parties Lease liabilities USD’000 USD’000 USD’000 USD’000 USD’000 At 1 January 2019 1,460,473 296,778 7,817 2,633 9,685 Changes from financing cash flows 862,662 (267,010) (122,887) (2,166) (6,478) Changes in investing cash flows — additions to investment properties – – (3,761) – – Reclassification to liabilities held for sale (14,672) – – – – Foreign exchange movements (3,472) – – – (389) Interest expense – 37,865 144,367 - 1,897 Capitalised interest expense – – 3,761 – – Conversion of redeemable convertible preference shares – (67,633) – – – Addition – – – – 5,541 Acquisition of subsidiaries 350,241 – – – 12,900 Disposal of subsidiaries (84,315) – – – – At 31 December 2019 2,570,917 – 29,297 467 23,156 At 1 January 2018 833,435 264,199 3,624 731 7,959 Changes from financing cash flows 389,312 (13,031) (54,615) 1,197 (3,616) Changes in investing cash flows — additions to investment properties – – (2,430) – – Foreign exchange movements (23,118) – (83) 705 (198) Interest expense – 45,610 58,891 – 428 Capitalised interest expense – – 2,430 – Addition – – – – 3,559 Acquisition of subsidiaries 260,844 – – – 1,553 At 31 December 2018 1,460,473 296,778 7,817 2,633 9,685