Sasbadi Annual Report 2019

PAGE 61 ANNUAL REPORT 2019 FINANCIAL STATEMENTS (continued) Statements of cash flows for the year ended 31 August 2019 (continued) Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Restated Cash flows from investing activities Change in pledged deposits (15) 42 - - Acquisition of intangible assets (388) (972) - - Acquisition of property, plant and equipment (i) (538) (520) - - Acquisition of subsidiaries, net of cash and cash equivalents 29 - (685) - - Proceeds from disposal of property, plant and equipment 110 99 - - Proceeds from disposal of other investments - 90 - - Dividend received from other investments 7 9 - - Net cash used in investing activities (824) (1,937) - - Cash flows from financing activities Interest paid (1,390) (1,497) - - Proceeds from term loan - 1,661 - - Repayment of term loans (3,795) (5,410) - - Repayment of finance lease liabilities (40) (28) - - Drawdown of bankers’ acceptance 14,752 12,987 - - Repayment of bankers’ acceptance (15,366) (10,449) - - Net cash used in financing activities (5,839) (2,736) - - Net increase/(decrease) in cash and cash equivalents 4,386 (11,238) 2 (75) Cash and cash equivalents at beginning of the financial year (14,012) (2,774) 22 97 Cash and cash equivalents at end of the financial year (ii) (9,626) (14,012) 24 22