Yinson Annual Report 2021

270 YINSON HOLDINGS BERHAD SECTION 07 : ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2021 25. Other assets Group Company 2021 2020 2021 2020 RM million RM million RM million RM million Current: Prepayments 50 159 3 3 Non-current: Prepayments 12 68 - - 62 227 3 3 Included in prepayments as at 31 January 2020 were accumulated impairment losses of RM2 million. Impairment losses of RM2 million (Note 9) were reversed in the current financial year. 26. Cash and bank balances Group Company 2021 2020 2021 2020 RM million RM million RM million RM million Cash on hand and at banks 1,346 828 7 67 Deposits with licensed banks 475 448 2 2 Cash and bank balances 1,821 1,276 9 69 For the purpose of the statements of cash flows, cash and cash equivalents at the reporting dates comprise the following: Group Company 2021 2020 2021 2020 RM million RM million RM million RM million Cash and bank balances 1,821 1,276 9 69 Less: Restricted cash (492) (390) (2) (2) Cash and cash equivalents 1,329 886 7 67 Cash at banks earns interest at floating rates based on daily bank deposit rates. Deposits with licensed banks are made for varying periods of between one to three months, depending on the immediate cash requirements of the Group, and earn interest at the respective deposit rates. Included in restricted cash are bank balances and deposits with licensed banks of the Group and the Company amounting to RM492 million and RM2 million respectively (2020: RM390 million and RM2 million respectively) that were pledged to the banks for the banking facilities of the Company and the subsidiaries, as disclosed in Note 32.