Page 286 - MSM_AIR2021

284 MSM MALAYSIA HOLDINGS BERHAD WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOW WE OPERATE
ANNUAL INTEGRATED REPORT 2021

STATEMENTS OF CASH FLOWS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021

Group Company
Note 2021 2020 2021 2020
RM’000 RM’000 RM’000 RM’000
CASH FLOWS FROM FINANCING ACTIVITIES

Drawdown of loan due to a related company 20,000 61,920 - 29,000
Repayment of loan due to a related company (67,232) (84,919) (10,000) (56,000)
Drawdown of loan due to a subsidiary - - - 75,000
Repayment of loan due to a subsidiary - - (10,001) (45,000)
Drawdown of borrowings 1,146,470 1,179,063 - -
Repayment of borrowings (1,269,676) (1,303,815) (148,006) (137,928)
Principal payment of lease liability (1,221) (221) (827) (158)
Interest payment of lease liability (241) (241) (57) (63)
Interest paid (38,442) (50,850) (27,934) (37,906)
Changes in restricted cash (696) 1,578 (696) 1,578
Net cash used in financing activities (211,038) (197,485) (197,521) (171,477)
NET (DECREASE)/INCREASE IN CASH AND
CASH EQUIVALENT (4,545) 27,761 32,726 (12,415)
Effect of foreign exchange rate changes 2,703 (798) - -
CASH AND CASH EQUIVALENTS AT THE
BEGINNING OF THE FINANCIAL YEAR 179,924 152,961 4,363 16,778
CASH AND CASH EQUIVALENTS AT THE END
OF THE FINANCIAL YEAR 28 178,082 179,924 37,089 4,363