Page 119 - Exim iar24_Ebook

EXIM BANK MALAYSIA ANNUAL REPORT 2024

7 FINANCIAL STATEMENTS 117
STATEMENTS OF CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2024

Group Bank
2024 2023 2024 2023
RM’000 RM’000 RM’000 RM’000
Cash flows from investing activities
Proceeds from disposals of property and equipment 1 - 1 -
Purchase of property and equipment (3,159) (4,855) (3,159) (4,855)
Purchase of intangible assets (177) (512) (177) (512)
Proceed from disposal of investment 70,784 461,056 70,784 461,056
Purchase of investments (222,258) (507,110) (222,258) (507,110)
Net cash used in investing activities (154,809) (51,421) (154,809) (51,421)

Cash flows from financing activities
Proceeds from deposits from a corporate customer 10,005 - 10,005 -
Net repayment of borrowings (430,279) (1,012,932) (430,279) (1,012,932)
Net repayment of lease liabilities (1,300) (1,599) (1,300) (1,599)
Net cash used in financing activities (421,574) (1,014,531) (421,574) (1,014,531)

Net decrease in cash and cash equivalents (756,125) (907,080) (756,125) (907,080)
Net foreign exchange difference 94,279 82,264 94,279 82,264
Cash and cash equivalents at beginning of the year 1,837,929 2,662,745 1,837,929 2,662,745
Cash and cash equivalents at end of the year 1,176,083 1,837,929 1,176,083 1,837,929

Cash and cash equivalents comprise the following balances:
Cash and bank balances 26,699 15,744 26,699 15,744
Deposits and placements with banks and
other financial institutions 1,278,340 1,972,976 1,278,340 1,972,976
Less: Restricted deposits (Note 5) (128,956) (132,431) (128,956) (132,431)
Less: Deposits and placementsmore than three months - (18,360) - (18,360)
Cash and cash equivalents 1,176,083 1,837,929 1,176,083 1,837,929

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