Serba Dinamik Annual Report 2019

273 13. DEPOSITS AND PREPAYMENTS Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Deposits for: land 20,243 - - - investments 772 38,283 - - others 37,850 5,848 - - 58,865 44,131 - - Prepayments 50,051 23,134 - - ________ ________ ________ ________ 108,916 67,265 - - ========== ========== ========== ========== Included in deposits is the payment made by SDGB, a wholly owned subsidiary of the Company with initial sum of RM16,000,000 to a vendor as deposit in relation to the acquisition of a land in Johor. 14. CASH AND CASH EQUIVALENTS Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Fixed deposits placed with licensed banks 222,514 232,632 68,864 100,341 Cash and bank balances 1,084,076 528,159 19,300 202,187 1,306,590 760,791 88,164 302,528 ========== ========= ========= ========= 14.1 Fixed deposits amounting to RM35,906,959 (2018: RM114,638,987) are pledged for banking facilities granted to the Group respectively (see Note 18). 14.2 Cash and bank balances include the following balances denominated in foreign currency: 2019 2018 RM’000 RM’000 USD 893,498 104,068 ========= ========= N O T E S T O T H E F I N A N C I A L S TAT E M E N T S