KUB Malaysia Berhad Annual Report 2021

Group Company 1.1.2020 to 1.1.2019 to 1.1.2020 to 1.1.2019 to 30.6.2021 31.12.2019 30.6.2021 31.12.2019 (18 months) (12 months) (18 months) (12 months) RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES Decrease/(Increase) of deposits pledged with licensed banks 5,888 (1,420) - - Interest paid (4,987) (7,242) (4) (872) Net drawdown/(repayment) of short-term borrowings 8,921 (18,941) - (1,000) Repayment of lease liabilities (Note 17) (1,104) (598) (130) - Repayment of hire purchase (543) (229) (116) (87) Repayment of term loans (4,052) (47,556) - - Net Cash From/(Used In) Financing Activities 4,123 (75,986) (250) (1,959) NET INCREASE IN CASH AND CASH EQUIVALENTS 283,369 20,883 260,350 29,325 Effect of exchange rate changes on the balance of cash held in foreign currency - (108) - - CASH AND CASH EQUIVALENTS AT BEGINNING OF THE PERIOD/YEAR 113,609 92,834 47,919 18,594 CASH AND CASH EQUIVALENTS AT END OF THE PERIOD/YEAR (NOTE 25) 396,978 113,609 308,269 47,919 The accompanying Notes form an integral part of the Financial Statements. 61 ANNUAL REPORT 2021 FINANCIAL STATEMENTS