MKH BERHAD ANNUAL REPORT 2024 Laying The Foundation of Excellence Where People Matter Guided by Leadership, Inspired by People Delivering Value That Matters to People PG. 176 The Group The Company 2024 2023 2024 2023 RM RM RM RM CASH FLOWS FROM/(USED IN) FINANCING ACTIVITIES Advance from former non-controlling interests - 9,800,000 - - Dividends paid to non-controlling interests (10,632,377) (33,805,200) - - Dividends paid (23,096,635) (23,096,635) (23,096,635) (23,096,635) Drawdowns of bridging loan 18,393,056 4,419,423 - - Drawdowns of revolving credits 343,859,985 141,100,000 267,553,425 132,100,000 Drawdowns of term loans 22,115,172 35,718,379 - - Payments of hire-purchase liabilities (741,851) (507,290) - - Payments of lease liability (575,000) (575,000) - - Net proceeds from issuance of shares by subsidiaries to non-controlling interests 130,891,344 87,500 - - Reduction of share capital by a subsidiary - (5,591,200) - - Redemption of preference shares - (10,500,000) - - Repayments of revolving credits (267,150,000) (194,950,000) (220,700,000) (157,200,000) Repayments of term loans (36,682,128) (38,459,335) - - Shares buy back (27,512) - (27,512) - Shares buy back by a subsidiary (1,125,681) - - - Subscription of additional shares in subsidiaries - - - (29,172,202) Net Cash From/(Used In) Financing Activities 175,228,373 (116,359,358) 23,729,278 (77,368,837) NET INCREASE/(DECREASE) IN CASH AND CASH EQUIVALENTS 153,848,541 (42,112,430) (699,709) (5,591,312) Effect of exchange rate fluctuations (5,940,111) 2,060,421 - - CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL YEAR 349,908,256 389,960,265 1,416,743 7,008,055 CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR (Note (i)) 497,816,686 349,908,256 717,034 1,416,743 Statements of Cash Flows for the Financial Year Ended 30 September 2024
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