DESTINI Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS 38. Reconciliation of Liabilities Arising from Financing Activities The table below details changes in the liabilities of the Group and of the Company arising from financing activities, including both cash and non-cash changes: At 1 January Effect of adopting MFRS 16 At 1 January, restated Financing cash flows Foreign exchange adjustments New financing At 31 December Group RM RM RM RM RM RM RM 2019 Term loans 132,110,501 - 132,110,501 (22,931,203) - 4,310,000 113,489,298 Trust receipts 3,057,913 - 3,057,913 (3,057,913) - - - Finance lease liabilities 2,447,516 (2,447,516) - - - - - Lease liabilities - 21,795,356 21,795,356 (7,013,080) 2,414 6,631,697 21,416,387 137,615,930 19,347,840 156,963,770 (33,002,196) 2,414 10,941,697 134,905,685 At 1 January Financing cash flows Foreign exchange adjustments New financing At 31 December Group RM RM RM RM RM 2018 Amount due to a Director 1,500,000 (1,500,000) - - - Term loans 156,902,095 (24,786,434) (5,160) - 132,110,501 Trust receipts 18,680,701 (15,622,788) - - 3,057,913 Finance lease liabilities 2,464,850 (759,661) - 742,327 2,447,516 179,547,646 (42,668,883) (5,160) 742,327 137,615,930 FINANCIAL STATEMENTS 06 ANNUAL REPORT 2019 177