Group Company 2023 2022 2023 2022 Note RM RM RM RM CASH FLOWS FROM FINANCING ACTIVITIES Drawdowns of: - term loans 73,032,634 14,000,000 - - - Islamic facility 10,000,000 - - - - revolving credit 31,600,000 - 31,600,000 - - banker acceptance - 5,000,000 - - Repayments of: - term loans (64,186,235) (19,611,780) (1,617,016) (1,574,454) - Islamic facility (10,000,000) - - - - revolving credit (18,600,000) (30,000,000) (18,600,000) (30,000,000) - banker acceptance - (5,000,000) - - Payment of lease liabilities 13 (1,651,549) (3,071,371) (96,332) (94,932) Dividend paid 11 - (28,537,487) - (28,537,487) Net cash from/(used in) financing activities 20,194,850 (67,220,638) 11,286,652 (60,206,873) Net increase/(decrease) in cash and cash equivalents 23,659,181 (124,196,475) (5,119,524) (81,755,461) Effect of exchange rate changes on cash and cash equivalents 3,408,765 2,145,789 2,370 (11,927) Effect of fair value changes on cash and cash equivalents 21(g) - (301,153) - (281,876) Cash and cash equivalents at beginning of financial year 142,836,275 265,188,114 17,282,218 99,331,482 Cash and cash equivalents at end of financial year 22(h) 169,904,221 142,836,275 12,165,064 17,282,218 STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2023 CONT’D The accompanying notes form an integral part of the financial statements. 89 ANNUAL REPORT 2023
RkJQdWJsaXNoZXIy NDgzMzc=