Sasbadi Annual Report 2021

76 SASBADI HOLDINGS BERHAD FINANCIAL STATEMENTS (continued) 76 SASBADI HOLDINGS BERHAD (Incorporated in Malaysia) STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 AUGUST 2021 (continued) Group Company 2021 2020 2021 2020 Note RM’000 RM’000 RM’000 RM’000 CASH FLOWS FROM INVESTING ACTIVITIES Change in pledged deposits 16 (500) (10) - - Acquisition of intangible assets 7 (14) (15) - - Acquisition of property, plant and equipment 5(b) (103) (908) - - Net advances to subsidiaries - - (869) - Proceeds from disposals of: - property, plant and equipment 2,075 164 - - - assets held for sale 7,150 - - - Dividend received from other investments 1 5 - - Net cash from/(used in) investing activities 8,609 (764) (869) - CASH FLOWS FROM FINANCING ACTIVITIES Interest paid (444) (849) - - Payment of lease liabilities (1,182) (746) - - Repayment of term loans 19 (7,683) (2,367) - - Repayment of hire purchase 19 (37) (17) - - Net (repayment)/drawdown of bankers’ acceptance 19 (2,914) 2,999 - - Proceeds from issuance of shares pursuant to ESOS 609 - 609 - Net cash (used in)/from financing activities (11,651) (980) 609 - Net increase/(decrease) in cash and cash equivalents 10,772 (2,869) 5 23 Cash and cash equivalents at beginning of the financial year (12,495) (9,626) 47 24 Cash and cash equivalents at end of the financial year (1,723) (12,495) 52 47