Page 76 - Annual Report 2021

Overview Leadership Message Business Segment Moving Forward Our Resources Working for a Corporate Financial
Review Plan Better Tomorrow Governance statements

STaTEmEnTS OF CaSH FLOwS

statEMEnts OF casH FlOWs FOr tHE Financial YEar EnDED 31 DEcEMBEr 2021 (cOnt’D)

the group the company
2021 2020 2021 2020
note rM rM rM rM
CASH FLOWS (FOR)/FROM
INVESTING ACTIVITIES
Repayment from holding entity 80,000 175,344 - -
Additional investments in an
existing subsidiary - - (12,014,697) -
Advances from subsidiaries - - 13,047,167 661,364
Repayment to related parties (250,257) (489,189) - -
Distribution received 832,438 415,131 87,914 104,236
Interest received 180,682 4,798 273,729 588,468
Purchase of plant and equipment (5,449,990) (3,192,565) (36,544) (15,224)

NET CASH (FOR)/FROM
INVESTING ACTIVITIES (4,607,127) (3,086,481) 1,357,569 1,338,844

CASH FLOWS FOR
FINANCING ACTIVITIES
Repayment to holding entity (374,315) (1,750,424) (1,692,958) (2,066,722)
Dividends paid 25 (7,930,000) (2,400,000) (7,930,000) (2,400,000)

NET CASH FOR FINANCNG ACTIVITIES (8,304,315) (4,150,424) (9,622,958) (4,466,722)
NET INCREASE IN CASH AND
CASH EQUIVALENTS 17,408,701 6,032,629 71,584 2,879,395
CASH AND CASH EQUIVALENTS
AT BEGINNING OF
THE FINANCIAL YEAR 63,641,992 57,609,363 7,761,317 4,881,922
CASH AND CASH EQUIVALENTS
AT END OF THE FINANCIAL YEAR 26 81,050,693 63,641,992 7,832,901 7,761,317

The annexed notes form an integral part of these financial statements.

76 UM Holdings Group