Page 101 - EXIM-BANK-AR20

Section 06 Financial Statements
99

STATEMENTS OF CASH FLOWS (cont’d.)

FOR THE YEAR ENDED 31 DECEMBER 2020

Group Bank
2020 2019 2020 2019
RM’000 RM’000 RM’000 RM’000

Cash flows from financing activities
Net repayment of borrowings (813,187) (2,200,527) (813,187) (2,200,527)
Net repayment of lease liabilities (305) (301) (305) (301)
Net cash used in financing activities (813,492) (2,200,828) (813,492) (2,200,828)

Net increase in cash and cash equivalents 253,341 1,420,179 253,341 1,420,179
Cash and cash equivalents at beginning of the year 2,954,587 1,534,408 2,954,587 1,534,408
Cash and cash equivalents at end of the year 3,207,928 2,954,587 3,207,928 2,954,587

Cash and cash equivalents comprise the
following balances:
Cash and bank balances 122,399 62,593 122,399 62,593
Deposits and placements with banks and other
financial institutions 3,364,099 3,047,168 3,364,099 3,047,168
Less : Deposits and placements on behalf of
customers and government (Note 5) (130,369) (130,174) (130,369) (130,174)
Less : Deposits and placements more than
three months (148,201) (25,000) (148,201) (25,000)
Cash and cash equivalents 3,207,928 2,954,587 3,207,928 2,954,587

The accompanying notes form an integral part of the financial statements.