MSM Malaysia Holdings Berhad Annual Report 2019

STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 (Restated) (Restated) CASH FLOWS FROM FINANCING ACTIVITIES Drawdown of loan due to a related company 103,000 - 88,000 - Repayment of loan due to a related company (63,000) (78,495) (51,000) - Drawdown of loan due to a subsidiary - - 21,300 - Repayment of loan due to a subsidiary - - - (58,480) Drawdown of borrowings 1,408,338 2,277,832 - 542,540 Repayment of borrowings (1,678,676) (2,080,137) (191,400) (73,750) Principal payment of lease liability (1,301) (1,315) (789) (908) Interest payment of lease liability (315) (363) (117) (157) Interest paid (67,222) (58,368) (49,239) (42,310) Arrangement fees paid for loan modification (3,818) - (3,818) - Changes in restricted cash 75,768 (77,603) 75,768 (77,603) Net cash (used in)/generated from financing activities (227,226) (18,449) (111,295) 289,332 NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENT 54,913 (56,977) (6,277) (2,822) Effect of foreign exchange rate changes (172) 410 - - CASH AND CASH EQUIVALENTS ATTHE BEGINNING OFTHE FINANCIALYEAR 98,220 154,787 23,055 25,877 CASH AND CASH EQUIVALENTS ATTHE END OFTHE FINANCIALYEAR 28 152,961 98,220 16,778 23,055 MSM Malaysia Holdings Berhad | Annual Report 2019 124