26. CASH AND BANK BALANCES Group Company 2025 RM’000 2024 RM’000 2025 RM’000 2024 RM’000 Deposits with licensed banks 50,646 72,032 3,522 6,975 Cash in hand and at banks 605,940 624,328 28,057 96,306 Cash and bank balances (Note 45) 656,586 696,360 31,579 103,281 For the purpose of statements of cash flows: Cash and bank balances 656,586 696,360 31,579 103,281 Less: - Cash and bank balances not available for use (131,012) (231,911) (31,046) (103,143) - Bank overdrafts (Note 32) - (12,589) - (12,589) Total cash and cash equivalents 525,574 451,860 533 (12,451) The interest rates for the deposits with licensed banks range from 1.50% to 3.96% (2024: 1.50% to 2.95%) per annum and the maturities of deposits as at the end of the financial year range from 27 to 365 days (2024: 28 to 365 days). Included in cash at banks of the Group are amounts of RM256,924,000 (2024: RM303,397,000) held pursuant to Section 7A of the Housing Development (Control and Licensing) Act, 1966 and are therefore restricted from use in other operations. Cash and bank balances not available for use of the Group and of the Company are: (i) Deposits of the Group held in trust by a trustee of RM19,115,000 (2024: RM23,001,000) for golf course members’ subscription fees. (ii) Deposits of the Group and of the Company amounting to RM15,378,000 (2024: RM16,503,000) and RM2,344,000 (2024: RM1,976,000) respectively which are pledged as securities for bank guarantees granted to the Group and the Company. (iii) Deposits of the Group and of the Company amounting to RM8,634,000 (2024: RM32,285,000) and RM1,178,000 (2024: RM4,999,000) respectively which are pledged as securities for banking facilities granted to the Group and the Company. (iv) Placements of debt service reserve and escrow accounts of the Group and of the Company amounting to RM87,885,000 (2024: RM160,122,000) and RM27,524,000 (2024: RM96,168,000) respectively which are pledged as securities for term loans, revolving credits, perpetual bond and Islamic Medium Term Notes granted to the Group and the Company. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 AR 2025 | FINANCIAL STATEMENT & OTHER INFORMATION 334
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