MKH Annual Report 2017

Cash and cash equivalents Cash and cash equivalents included in the statements of cash flows comprise the following amounts: The Group The Company 2017 2016 2017 2016 Note RM RM RM RM Deposits with licensed banks 22 8,830,105 16,239,439 - - Cash and bank balances 22 132,260,508 105,127,118 12,145,700 267,497 Cash held under housing development accounts 22 91,347,222 161,725,882 - - Fixed income funds: Redeemable at call 22 10,378,499 15,389,739 - - Redeemable upon 1 day notice 22 11,183,738 2,331,389 - - Redeemable upon 5 days notice 22 10,609,703 4,273,583 - - 264,609,775 305,087,150 12,145,700 267,497 Bank overdrafts 28 (2,495,721) (15,999,969) - (4,350,721) 262,114,054 289,087,181 12,145,700 (4,083,224) Less: Non short-term and highly liquid fixed deposits (4,312,380) (5,175,335) - - Less: Deposits and bank balances pledged for credit facilities (18,504,615) (16,731,995) - - 239,297,059 267,179,851 12,145,700 (4,083,224) Acquisition of property, plant and equipment During the financial year, the Group acquired property, plant and equipment by the following means: The Group 2017 2016 RM RM Finance lease arrangement 93,000 403,000 Cash payments 13,821,345 15,839,235 13,914,345 16,242,235 Statements of Cash Flows For the Financial Year ended 30 September 2017 95 MKH Berhad • Annual Report 2017 The accompanying notes form an integral part of the financial statements.