Sasbadi Annual Report 2020

SASBADI HOLDINGS BERHAD 60 FINANCIAL STATEMENTS (continued) Statements of cash flows for the year ended 31 August 2020 (continued) Group Company Note 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Cash flows from investing activities Change in pledged deposits (10) (15) - - Acquisition of intangible assets (15) (388) - - Acquisition of property, plant and equipment (i) (908) (538) - - Proceeds from disposal of property, plant and equipment 164 110 - - Dividend received from other investments 5 7 - - Net cash used in investing activities (764) (824) - - Cash flows from financing activities Interest paid (849) (1,390) - - Payment of lease liabilities (746) - - - Repayment of term loans (2,367) (3,795) - - Repayment of hire purchase (17) - - - Repayment of finance lease liabilities - (40) - - Drawdown of bankers’ acceptance 13,420 14,752 - - Repayment of bankers’ acceptance (10,421) (15,366) - - Net cash used in financing activities (980) (5,839) - - Net (decrease)/increase in cash and cash equivalents (2,869) 4,386 23 2 Cash and cash equivalents at beginning of the financial year (9,626) (14,012) 24 22 Cash and cash equivalents at end of the financial year (ii) (12,495) (9,626) 47 24 Cash outflows for leases as a lessee Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Included in net cash from operating activities: Payment relating to short-term lease (356) - - - Payment relating to low-value assets (27) - - - Interest paid in relation to lease liabilities (93) - - - Included in net cash from financing activities: Payment of lease liabilities (746) - - - Total cash outflows for leases (1,222) - - -