Datasonic Group Berhad Annual Report 2020

Management Discussion & Analysis (Cont’d) 2.2 Liquidity and Capital Resources As at 31 March 2020, the Group remained in net cash position. Cash & cash equivalents at the end of the financial period comprise the following: RM’million As at 31.03.2020 As at 31.03.2019 Deposits with licensed bank 6.117 6.462 Cash & bank balances 12.854 26.935 Short-term investments 27.409 3.716 Less: Deposits pledged to licensed banks (6.117) (6.462) Total 40.263 30.651 Cash and cash equivalents had increased byRM9.612million, fromRM30.651million as at 31March2019 to RM40.263 million as at 31 March 2020 due mainly to improved collections from customers. Cash & bank balances decreased by RM14.081mil due mainly to purchase of treasury shares. Inthefinancial yearunder review, cash inflowofRM129.631millionwasgenerated fromoperatingactivities, of which • The net cash used in investing activities were mainly expended for capital expenditure on assets related to projects (RM10.992 million); and • The net cash used in financing activities were mainly for repayment of facilities, which amounted to approximately RM94.566 million. 2.3 Financial Ratios FY16 FY17 FY18 FY19 FY20 Total Debt (RM’million) 125.094 156.889 142.174 136.630 98.872 Total Equity (RM’million) 245.250 260.388 266.677 262.628 256.627 Debt-to-Equity Ratio 51% 60% 53% 52% 39% Basic EPS (sen) 4.67 4.64 4.98 2.71 4.47 P/E Ratio (times) 28 27 18 19 17 Net assets per share (sen) 18.18 19.32 19.79 19.50 19.39 DATASONIC GROUP BERHAD I ANNUAL REPORT 2020 (Registration No. 200801008472 (809759-X)) 22