MKH Annual Report 2020

99 MKH BERHAD The Group The Company 2020 RM 2019 RM 2020 RM 2019 RM CASH FLOWS FROM/(USED IN)  FINANCING ACTIVITIES (Cont’d) Proceeds from issuance of shares  by subsidiaries to non-controlling interests - 124,999 - - Dividend paid to non-controlling  interests (4,050,000) - - - Dividend paid (23,161,383) (20,268,891) (23,161,383) (20,268,891) Net Cash (Used In)/From  Financing Activities (71,213,799) (13,308,492) (6,088,294) (24,534,980) NET (DECREASE)/INCREASE IN  CASH AND CASH EQUIVALENTS (9,444,890) 178,839,897 5,167,005 (5,606,279) Effect of exchange rate  fluctuations (5,121,002) 564,918 - - CASH AND CASH EQUIVALENTS  AT BEGINNING OF THE FINANCIAL YEAR 374,066,165 194,661,350 (3,266,613) 2,339,666 CASH AND CASH EQUIVALENTS  AT END OF THE FINANCIAL YEAR 359,500,273 374,066,165 1,900,392 (3,266,613) Statements of Cash Flows FOR THE FINANCIAL YEAR ENDED 30 SEPTEMBER 2020