GHL System Berhad Annual Report 2023

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 CONT’D 22. CASH AND BANK BALANCES (Cont’d) (h) For the purpose of statements of cash flows, cash and cash equivalents comprise the following as at the end of each reporting period: Group Company 2023 2022 2023 2022 RM RM RM RM Cash and bank balances 163,639,480 127,935,548 5,900,323 7,330,808 Deposits with licensed banks - not more than three (3) months 2,034,845 1,928,394 1,581,821 1,543,884 - more than three (3) months 8,329,617 13,402,028 459,879 448,551 174,003,942 143,265,970 7,942,023 9,323,243 Add: Other investments (Note 21) 6,264,741 14,900,727 6,264,741 9,951,410 Less: - Deposits pledged to licensed banks (10,364,462) (14,081,870) (2,041,700) (1,992,435) - Deposits more than three (3) months - (1,248,552) - - 169,904,221 142,836,275 12,165,064 17,282,218 23. SHARE CAPITAL Group and Company 2023 2022 Number of shares RM Number of shares RM Issued and fully paid ordinary shares with no par value Balance as at 1 January/31 December 1,141,499,842 351,485,304 1,141,499,842 351,485,304 (a) The owners of the parent are entitled to receive dividends as and when declared by the Company and are entitled to one (1) vote per ordinary share at meetings of the Company. All ordinary shares rank pari passu with regard to the residual assets of the Company. 144 GHL SYSTEMS BERHAD 199401007361 (293040-D)

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