MKH Annual Report 2019

101 M K H B e r h a d STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2019 Cash and cash equivalents Cash and cash equivalents included in the statements of cash flows comprise the following amounts: The Group The Company 2019 2018 2019 2018 Note RM RM RM RM Deposits with licensed banks 23 10,325,296 12,611,412 - - Cash and bank balances 23 128,387,261 106,698,370 593,455 3,941,479 Cash held under housing development  accounts 23 241,678,107 78,206,979 - - Fixed income funds:  Redeemable at call 23 8,862,827 1,476,808 - -  Redeemable upon 1 day notice 23 13,643,057 17,953,612 - -  Redeemable upon 5 days notice 23 2,259,458 10,779,035 - - 405,156,006 227,726,216 593,455 3,941,479 Bank overdrafts 29 (7,293,959) (4,789,416) (3,860,068) (1,601,813) 397,862,047 222,936,800 (3,266,613) 2,339,666 Less: Non short-term and highly liquid  fixed deposits (8,113,020) (10,105,200) - - Less: Deposits and bank balances pledged  for credit facilities (15,682,862) (18,170,250) - - 374,066,165 194,661,350 (3,266,613) 2,339,666 Acquisition of property, plant and equipment During the financial year, the Group acquired property, plant and equipment by the following means: The Group 2019 2018 RM RM (Restated) Finance lease arrangement 281,000 650,000 Interest capitalised 645,200 940,699 Cash payments 26,712,383 21,649,535 27,638,583 23,240,234 The accompanying notes form an integral part of the financial statements.