Frontken Berhad Annual Report 2020

Annual Report 2020 140 FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) Notes to the Financial Statements (cont’d) 30. CASH FLOW INFORMATION (Cont’d) (a) The reconciliations of liabilities arising from financing activities are as follows:- (Cont’d) Amount Owing to Lease Subsidiaries Liabilities Total The Company RM RM RM 2019 At 1 January, as previously reported 8,321,259 – 8,321,259 Effect on adoption of MFRS 16 – 189,912 189,912 Changes in Financing Cash Flows Repayment to subsidiaries (4,851,365) – (4,851,365) Repayment of borrowing principal – (92,640) (92,640) Repayment of borrowing interest – (9,480) (9,480) Non-cash changes (38,569) 9,480 (29,089) At 31 December 3,431,325 97,272 3,528,597 (b) The cash and cash equivalents comprise the following:- The Group The Company 2020 2019 2020 2019 RM RM RM RM Cash and bank balances 290,468,269 197,161,206 6,834,025 2,302,262 Fixed deposits with licensed banks 13,389,638 17,575,702 – – Short-term investments - unit trust 8,332,527 10,684,259 3,302,234 9,219,642 312,190,434 225,421,167 10,136,259 11,521,904 Less: Fixed deposits pledged with licensed banks (468,703) (2,068,434) – – Less: Fixed deposits with maturity period more than 3 months (11,920,935) (3,683,988) – – Cash and cash equivalents 299,800,796 219,668,745 10,136,259 11,521,904