MISC Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS 263 Financial Statements 31. CASH FLOWS FROM FINANCING ACTIVITIES Group Corporation 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Drawdown of term loans 2,086,065 4,151,432 - - Drawdown of Sukuk Murabahah - 20,000 - - Drawdown of revolving credits 584,899 1,615,903 - 745,801 Drawdown of loans from a subsidiary - - 584,899 870,101 Repayment of term loans (1,128,179) (1,100,834) - - Repayment of Sukuk Murabahah (20,000) - - - Repayment of revolving credits (1,268,715) - (645,109) - Repayment of loan from holding company - (4,114,920) - - Repayment of loan due to a subsidiary - - (1,635,265) (662,934) Dividends (Note 11) (1,830,157) (1,450,733) (1,830,157) (1,450,733) Dividend paid to minority shareholders of subsidiaries (189,090) (64,436) - - Interest paid (334,428) (239,026) (111,558) (36,165) Receipt/(placement) of cash pledged with bank - restricted 40,907 (30,023) - - Net cash used in financing activities (2,058,698) (1,212,637) (3,637,190) (533,930) 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 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.