Kimlun Corporation Berhad Annual Report 2018

21. Cash and bank balances (cont’d) For the purpose of the statements of cash flows, cash and cash equivalents comprise the following at the reporting date: Group 31.12.2018 31.12.2017 1.1.2017 RM RM RM Cash and bank balances 35,569,427 86,571,902 79,025,354 Less: Bank overdrafts (Note 22) (18,251,991) - (10,065,256) Less: Pledged deposits (22,176,169) (25,070,728) (14,276,004) Cash and cash equivalents (4,858,733) 61,501,174 54,684,094 Cash and cash equivalents of the Company comprise solely cash on hand and at banks. 22. Loans and borrowings Group Maturity 31.12.2018 31.12.2017 1.1.2017 RM RM RM Current Secured: Bank overdrafts (Note 21) On demand 18,251,991 - 10,065,256 Bankers' acceptances 2019 63,068,000 15,911,951 17,741,001 Term loans 2019 15,748,272 11,432,996 12,160,042 Obligations under finance leases (Note 29 (b)) 2019 26,524,012 18,687,338 7,406,980 Invoice financing 2019 58,612,549 - - Revolving credit 2019 10,942,901 - - 193,147,725 46,032,285 47,373,279 Non-current Secured: Term loans 2020 - 2023 27,649,110 41,495,651 57,261,351 Obligations under finance leases (Note 29 (b)) 2020 - 2023 52,356,936 42,074,786 10,400,686 80,006,046 83,570,437 67,662,037 Total loans and borrowings 273,153,771 129,602,722 115,035,316 The remaining maturities of the loans and borrowings as at 31 December are as follows: Group 31.12.2018 31.12.2017 1.1.2017 RM RM RM On demand or within one year 193,147,725 46,032,285 47,373,279 More than 1 year and less than 2 years 32,075,655 31,695,017 17,961,638 More than 2 years and less than 5 years 44,941,472 49,493,780 40,906,401 5 years and more 2,988,919 2,381,640 8,793,998 273,153,771 129,602,722 115,035,316 Annual Report 2018 104 For the financial year ended 31 December 2018 (cont’d) NOTES TO THE FINANCIAL STATEMENTS