Serba Dinamik Annual Report 2018

180 ANNUAL REPORT 2018 SERBA DINAMIK HOLDINGS BERHAD Statement of cash flows for the year ended 31 December 2018 (continued) Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Net increase in cash and cash equivalents 467,348 118,448 298,718 3,809 Cash and cash equivalents at beginning of year 158,469 43,731 3,810 1 Effect of exchange rate fluctuation on cash held 5,698 ( 3,710) - - _________ _________ _________ _________ Cash and cash equivalents at end of year [Note (ii)] 631,515 158,469 302,528 3,810 ======== ======== ======== ======== Notes: (i) Acquisition of property, plant and equipment During the year, the Group acquired property, plant and equipment as follows: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Paid in cash 551,917 256,530 - - In the form of finance lease [Note 16(iv)] 3,405 8,880 - - In the form of payables [Note 18.3] 140,573 - - - __________ __________ __________ __________ Total (see Note 3) 695,895 265,410 - - ========= ========= ========= ========= (ii) Cash and cash equivalents Cash and cash equivalents included in the statements of cash flows comprise the following amounts in the statements of financial position: Group Company 2018 2017 2018 2017 RM’000 RM’000 RM’000 RM’000 Term deposits placed with licensed banks 232,632 148,661 100,341 - Cash and bank balances 528,159 152,117 202,187 3,810 __________ __________ __________ __________ Total (see Note 13) 760,791 300,778 302,528 3,810 Less: Bank overdrafts (Note 16) ( 14,638) ( 11,301) - - Less: Deposits pledged (Note 13) ( 114,638) ( 131,008) - - __________ __________ __________ __________ 631,515 158,469 302,528 3,810 ========= ========= ========= ========= The notes on pages 181 to 283 are an integral part of these financial statements. F I N A N C I A L S TAT E M E N T