Wah Seong Corporation Berhad Annual Report 2020

174 WAH SEONG CORPORATION BERHAD NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 38 RECONCILIATION OF LIABILITIES ARISING FROM FINANCING ACTIVITIES Lease liabilities Term loans Fixed rate notes Other bank borrowings Total liabilities from financing activities Group RM’000 RM’000 RM’000 RM’000 RM’000 2020 At 1 January 234,764 293,094 19,324 635,677 1,182,859 Cash flows (23,676) (53,641) - (12,026) (89,343) Derecognition (21,306) - - - (21,306) Non-cash item 21,881 505 - - 22,386 Effect of exchange rate changes (1,278) (668) (270) (3,939) (6,155) At 31 December 210,385 239,290 19,054 619,712 1,088,441 2019 At 1 January 220,414 240,302 9,015 598,308 1,068,039 Cash flows (23,893) 56,628 10,556 42,223 85,514 Non-cash item 39,171 (1,368) - - 37,803 Effect of exchange rate changes (928) (2,468) (247) (4,854) (8,497) At 31 December 234,764 293,094 19,324 635,677 1,182,859 Net advances from subsidiaries Other bank borrowings Total liabilities from financing activities Company RM’000 RM’000 RM’000 2020 At 1 January 16,963 152,217 169,180 Cash flows (2,705) (24,085) (26,790) Effect of exchange rate changes - (1,373) (1,373) At 31 December 14,258 126,759 141,017 2019 At 1 January 3,853 170,011 173,864 Cash flows 13,110 (17,367) (4,257) Effect of exchange rate changes - (427) (427) At 31 December 16,963 152,217 169,180