Page 118 - EXIM-Bank_Annual-Report-2023

EXIM BANK MALAYSIA
116 A Vision to Serve Empowering Growth Management Discussion and Analysis
ANNUAL REPORT 2023
Statement of caSh flowS
For the year ended 31 december 2023

Group Bank
2023 2022 2023 2022
rM’000 rM’000 rM’000 rM’000
restated restated

Cash flows from operating activities (cont’d)
Changes in working capital:
Deposits and placements with banks and
other financial institutions 10,192 (61,036) 10,192 (61,036)
Loans, advances and financing 70,020 775,931 70,020 775,931
Reinsurance contract assets 3,332 5,042 3,332 5,042
Other assets 14,174 4,611 14,174 4,611
Derivative financial instruments (28,896) (504) (28,896) (504)
Other payables and accruals 62,569 17,448 62,572 17,453
Deferred income/(expense) 3,445 (3,034) 3,445 (3,034)
Insurance contract/takaful certificates (18,175) (15,623) (18,175) (15,623)
Takaful participants fund 4,151 - 4,151 -
Amount due to subsidiary - - (3) (5)
Cash generated from operations 159,206 572,034 159,206 572,034
Income tax refund - 1,927 - 1,927
Net cash generated from operating activities 159,206 573,961 159,206 573,961

Cash flows from investing activities
Proceeds from disposals of property and equipment 322 903 322 903
Proceeds from disposals of intangible assets - 62 - 62
Purchase of property and equipment (4,855) (4,191) (4,855) (4,191)
Purchase of intangible assets (512) (274) (512) (274)
Proceed from disposal of investment 461,056 370,000 461,056 370,000
Purchase of investments (507,766) (35,119) (507,766) (35,119)
Net cash generated from investing activities (51,755) 331,381 (51,755) 331,381