MSM Malaysia Holdings Berhad Annual Report 2020

STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 Group Company Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM FINANCING ACTIVITIES Drawdown of loan due to a related company 61,920 103,000 29,000 88,000 Repayment of loan due to a related company (84,919) (63,000) (56,000) (51,000) Drawdown of loan due to a subsidiary - - 75,000 21,300 Repayment of loan due to a subsidiary - - (45,000) - Drawdown of borrowings 1,179,063 1,408,338 - - Repayment of borrowings (1,303,815) (1,678,676) (137,928) (191,400) Principal payment of lease liability (221) (1,301) (158) (789) Interest payment of lease liability (241) (315) (63) (117) Interest paid (50,850) (67,222) (37,906) (49,239) Arrangement fees paid for loan modification - (3,818) - (3,818) Changes in restricted cash 1,578 75,768 1,578 75,768 Net cash used in financing activities (197,485) (227,226) (171,477) (111,295) NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENT 27,761 54,913 (12,415) (6,277) Effect of foreign exchange rate changes (798) (172) - - CASH AND CASH EQUIVALENTS AT THE BEGINNING OF THE FINANCIAL YEAR 152,961 98,220 16,778 23,055 CASH AND CASH EQUIVALENTS AT THE END OF THE FINANCIAL YEAR 28 179,924 152,961 4,363 16,778 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 141 SUSTAINABILITY REPORT EFFECTIVE LEADERSHIP CORPORATE GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING