Group Company 2023 2022 2023 2022 Note RM’000 RM’000 RM’000 RM’000 Cash flows from financing activities Dividends paid (47,358) (45,484) (47,358) (45,484) Drawdown of block discounting 6,920 16,320 - - Drawdown of sukuk wakalah 425,000 150,000 425,000 150,000 Drawdown of term loans 15,151 90,000 - 90,000 Drawdown of revolving credit 3,800 80,000 - 80,000 Interest paid (40,006) (9,294) (34,329) (6,539) Purchase of treasury shares (44,616) (24,278) (44,616) (24,278) Repayment of lease liabilities B (9,640) (6,889) (316) (289) Repayment of term loans (33,413) (47,807) (33,413) (47,807) Repayment of block discounting (7,758) (6,002) - - Repayment of revolving credit (6,100) - (5,000) - Advances from/(Repayment to) associates 313 (2) - - (Repayment to)/Advances from subsidiaries - - (904) 7,351 Net cash from financing activities 262,293 196,564 259,064 202,954 Net increase/(decrease) in cash and cash equivalents 4,025 (17,034) (20,424) 3,458 Cash and cash equivalents at the beginning of the financial year 56,681 73,698 35,451 31,993 Effect of exchange translation differences on cash and cash equivalents 1 17 1 - Cash and cash equivalents at the end of the financial year 60,707 56,681 15,028 35,451 Cash and cash equivalents at the end of the financial year comprises: Cash and bank balances (including short-term investments) 60,319 56,296 15,028 35,451 Fixed deposits with licensed banks 23,825 20,127 11,369 11,143 84,144 76,423 26,397 46,594 Less: Cash at trust account balances 21 (2) (2) - - Less: Fixed deposits pledged to licensed banks 20(b) (23,307) (19,615) (11,369) (11,143) Less: Fixed deposits withtenure more than 3 months 20(c) (128) (125) - - 60,707 56,681 15,028 35,451 STATEMENTS OF CASH FLOWS For the Financial Year Ended 31 December 2023 (cont’d) 178 MY E.G. SERVICES BERHAD Registration No. 200001003034 (505639-K)
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