Dagang NeXchange Berhad Annual Report 2019

STATEMENTS OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2019 (CONTINUED) DAGANG NeXCHANGE BERHAD 110 Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Net change in cash and cash equivalents 7,722 (25,023) 277 1,337 Cash and cash equivalents at 1 January 19,670 44,693 2,482 1,145 Cash and cash equivalents at 31 December (i) 27,392 19,670 2,759 2,482 Notes to the statements of cash flows i) Cash and cash equivalents Cash and cash equivalents included in the statements of cash flows comprise the following statements of financial position amounts: Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Current Restricted and pledged - Cash and bank balances 8,962 2,203 - - - Deposits with licensed banks 7,318 10,087 - - 16,280 12,290 - - Unrestricted - Cash and bank balances 38,119 26,708 2,759 2,482 - Deposits with licensed banks - - - - 38,119 26,708 2,759 2,482 54,399 38,998 2,759 2,482 Less: Bank overdrafts (10,727) (7,038) - - Less: Cash and cash equivalents pledged as security (16,280) (12,290) - - 27,392 19,670 2,759 2,482 The notes on pages 111 to 185 are an integral part of these financial statements.