GHL System Berhad Annual Report 2020

147 a n n u a l r e p o r t 2 0 2 0 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2020 CONT’D 22. CASH AND BANK BALANCES (cont’d) (h) For the purpose of statements of cash flows, cash and cash equivalents comprise the following as at the end of each reporting period: Group Company 2020 2019 2020 2019 RM RM RM RM Cash and bank balances 135,504,861 125,630,466 5,466,566 3,128,665 Deposits with licensed banks - not more than three (3) months 747,706 500,000 - - - more than three (3) months 12,641,354 12,496,594 - - 148,893,921 138,627,060 5,466,566 3,128,665 Add: Other investments (Note 21) 64,809,567 53,270,574 60,016,520 42,164,039 Less: - Deposits pledged to licensed banks (12,595,916) (12,332,919) - - - Deposits more than 3 months (793,144) (163,675) - - 200,314,428 179,401,040 65,483,086 45,292,704 23. SHARE CAPITAL Group and Company 2020 2019 Number of shares RM Number of shares RM Issued and fully paid ordinary shares with no par value Balance as at 1 January 749,209,139 330,199,925 737,984,933 314,343,560 Issuance of ordinary shares pursuant to: - acquisition of subsidiaries 10,061,206 19,015,679 10,061,206 14,387,525 - ESS 1,730,000 2,269,700 1,163,000 1,468,840 - bonus issue 380,499,497 - - - Balance as at 31 December 1,141,499,842 351,485,304 749,209,139 330,199,925