2020 UEM Edgenta Annual Report

Group Company RM’000 2020 2019 2020 2019 Cash flows from financing activities Capital repayment to non-controlling interests of a subsidiary – (3,375) – – Drawdown of borrowings 74,384 125,331 50,000 50,000 Repayment of borrowings (114,894) (137,127) (50,000) (50,000) Repayment of lease liabilities (4,658) (9,843) (4,086) (6,736) Dividends paid (66,530) (116,427) (66,530) (116,427) Dividends paid to non-controlling shareholders of subsidiaries (3,660) (1,004) – – (Placement)/withdrawal of fixed deposits (19,634) 13,887 – – Net cash flows used in financing activities (134,992) (128,558) (70,616) (123,163) Net increase/(decrease) in cash and cash equivalents 97,736 75,334 (32,685) 16,099 Net foreign exchange difference 2,101 791 – – Cash and cash equivalents at beginning of year 538,969 462,844 47,498 31,399 Cash and cash equivalents at end of year (Note a) 638,806 538,969 14,813 47,498 a. Cash and cash equivalents comprise: Cash in hand and at banks 351,231 400,299 5,313 13,956 Fixed deposits with licensed banks 326,771 158,232 9,500 33,542 Cash, bank balances and deposits (Note 23) 678,002 558,531 14,813 47,498 Less: Fixed deposits on lien (3,713) (3,297) – – Less: Fixed deposits pledged (17,060) (11,804) – – Less: Cash and fixed deposit restricted in usage (18,423) (4,461) – – 638,806 538,969 14,813 47,498 The accompanying accounting policies and explanatory information form an integral part of the financial statements. UEM EDGENTA BERHAD 196 Financial Statements STATEMENTS OF CASH FLOWS For the year ended 31 December 2020 (contd.)