MIGHT Financial Report 2020

17

MIGHT Directors’ Report And Audited Financial Statements 2020

MALAYSIAN INDUSTRY - GOVERNMENT GROUP FOR HIGH TECHNOLOGY (320059 - P) (A COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL) (INCORPORATED IN MALAYSIA)

STATEMENTS OF CASH FLOWS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 (continued)

GROUP

COMPANY

2020 RM

2020 RM

2019 RM

2019 RM

CASH FLOWS FROM FINANCING ACTIVITIES

NOTE

(367) 17,016,000 (14,070) (70,050) (33,186) 16,898,327

(367) 17,016,000 (84,407) (367,463) (33,186) 16,530,577

Interest paid Government grant received Repayments of lease interest Repayments of lease liabilities Repayments of hire purchase liabilities Net cash from financing activities Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at beginning of the financial year Cash and cash equivalents at end of the financial year Cash and cash equivalents at end of the

-

-

14 15 15

14,821,300 (13,148) (81,772)

14,821,300 (84,442) (469,667)

-

-

14,726,380

14,267,191

65,259,500

70,874,864

(10,839,344)

6,475,073

3,874,093

69,133,593

15,791,147

86,666,011

69,133,593

86,666,011

58,294,249

93,141,084

financial year comprise: Cash and bank balances Short term fund

86,666,011

58,294,249

69,133,593

10 11

70,919,154 22,221,930

-

-

-

69,133,593

58,294,249

86,666,011

93,141,084

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