31. Cash flows from financing activities Group Corporation 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Drawdown of term loans 4,171,432 835,693 – – Drawdown of revolving credits 1,615,903 186,000 745,801 – Drawdown of loans from a subsidiary – – 870,101 – Advances from a subsidiary – – – 3,241,100 Repayment of term loans (1,100,834) (4,415,978) – – Repayment of revolving credits – (451,000) – – Repayment of loan from holding company (4,114,920) – – – Repayment of loan due to a subsidiary – – (662,934) (3,065,378) Dividends (Note 11) (1,450,733) (602,612) (1,450,733) (602,612) Dividend paid to minority shareholders of subsidiaries (64,436) (78,698) – – Interest paid (239,026) (170,020) (36,165) (59,249) Cash pledged with bank - restricted (30,023) (40,754) – – Net cash used in financing activities (1,212,637) (4,737,369) (533,930) (486,139) 32. Related party disclosures In addition to related party disclosures elsewhere in the financial statements, set out below are other significant related party transactions. The directors are of the opinion that, unless otherwise stated, the transactions below have been entered into in the normal course of business at terms agreed between the parties during the financial year. As the ultimate holding company is wholly-owned by the Ministry of Finance (“MoF”), the Group is deemed to be related to entities that are controlled, jointly controlled or significantly influenced by the Government of Malaysia. MISC BERHAD • Annual Report 2016 282 notes to the financial statements - 31 december 2016
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