Group Company 2023 2022 2023 2022 RM’000 RM’000 RM’000 RM’000 Cash flows from financing activities Dividends paid (96,320) (339,360) (96,320) (339,360) Net drawdown/(repayment) of revolving credits 24,600 (94,100) 24,600 (94,100) Repayment of term loans (117,500) (99,000) (117,500) (99,000) Drawdown of term loans 9,500 35,500 9,500 35,500 Movement in subsidiaries balances, net – – (136,548) 85,457 Payment of principal portion of lease liabilities (3,401) (2,092) (357) (17) Interest paid (43,306) (36,453) (55,886) (58,999) Transaction costs on borrowings – (270) – (270) Net cash used in financing activities (226,427) (535,775) (372,511) (470,789) Net (decrease)/increase in cash and cash equivalents (102,991) 83,430 (102,865) 83,171 Cash and cash equivalents at beginning of year 165,605 82,175 164,519 81,348 Cash and cash equivalents at end of year 62,614 165,605 61,654 164,519 Cash and cash equivalents at end of year Cash and bank balances (Note 22) 62,627 165,618 61,667 164,532 Bank overdrafts (Note 26) (13) (13) (13) (13) 62,614 165,605 61,654 164,519 The accompanying accounting policies and explanatory notes form an integral part of these financial statements. STATEMENTS OF CASH FLOWS FOR THE YEAR ENDED 31 DECEMBER 2023 197 Integrated Report 2023
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