Page 143 - MSM_AR2020

SUSTAINABILITY EFFECTIVE CORPORATE FINANCIAL ADDITIONAL DETAILS OF THE ANNUAL
REPORT LEADERSHIP GOVERNANCE STATEMENTS INFORMATION GENERAL MEETING

STATEMENTS OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

Group Company
Note 2020 2019 2020 2019
RM’000 RM’000 RM’000 RM’000
CASH FLOWS FROM FINANCING ACTIVITIES
Drawdown of loan due to a related company 61,920 103,000 29,000 88,000
Repayment of loan due to a related company (84,919) (63,000) (56,000) (51,000)
Drawdown of loan due to a subsidiary - - 75,000 21,300
Repayment of loan due to a subsidiary - - (45,000) -
Drawdown of borrowings 1,179,063 1,408,338 - -
Repayment of borrowings (1,303,815) (1,678,676) (137,928) (191,400) 141
Principal payment of lease liability (221) (1,301) (158) (789)
Interest payment of lease liability (241) (315) (63) (117)
Interest paid (50,850) (67,222) (37,906) (49,239)
Arrangement fees paid for loan modification - (3,818) - (3,818)
Changes in restricted cash 1,578 75,768 1,578 75,768

Net cash used in financing activities (197,485) (227,226) (171,477) (111,295)

NET INCREASE/(DECREASE) IN CASH AND
CASH EQUIVALENT 27,761 54,913 (12,415) (6,277)
Effect of foreign exchange rate changes (798) (172) - - MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020
CASH AND CASH EQUIVALENTS AT THE
BEGINNING OF THE FINANCIAL YEAR 152,961 98,220 16,778 23,055

CASH AND CASH EQUIVALENTS AT THE
END OF THE FINANCIAL YEAR 28 179,924 152,961 4,363 16,778