AwanBiru Technology Berhad - Annual Report 2021

The Group The Company 2021 2020 2021 2020 Note RM’000 RM’000 RM’000 RM’000 (Restated) CASH FLOW FROM/(FOR) OPERATIONS 10,369 (11,261) (7,757) (6,692) Interest paid (2,908) (4,640) – – Income tax paid (1,143) (1,093) – – NET CASH FROM/(FOR) OPERATING ACTIVITIES 6,318 (16,994) (7,757) (6,692) CASH FLOWS FROM/(FOR) INVESTING ACTIVITIES Net cash inflow from the disposal of subsidiaries 45 2,134 – 2,500 – Interest income received 546 84 328 – Withdrawal/(Placement) of deposit pledged with a licensed bank 1,820 (1,728) – – Proceeds from disposal of: - other investment – 7,733 – – - property and equipment 337 90 – – Purchase of property and equipment (1,793) (499) – – (Advances to)/Repayment from subsidiaries – – (5,370) 1,348 NET CASH FLOW FROM/(FOR) INVESTING ACTIVITIES 3,044 5,680 (2,542) 1,348 CASH FLOWS FROM FINANCING ACTIVITIES (Repayment to)/Advances from directors 46(a) (2,477) 344 (595) 90 (Repayment)/Drawdown of revolving credits 46(a) (19,161) 1,500 – – Proceeds from issuance of ordinary shares 62,681 14,103 62,681 14,103 Repayment of lease obligations 46(a) – (96) – – Repayment of term loans 46(a) (2,787) (2,650) – – Repayment of redeemable secure loan stock 46(a) (10,000) – – – Repayment to subsidiaries 46(a) – – (20,435) (8,779) NET CASH FROM FINANCING ACTIVITIES 28,256 13,201 41,651 5,414 NET INCREASE IN CASH AND CASH EQUIVALENTS 37,618 1,887 31,352 70 CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL YEAR (1,149) (3,036) 114 44 CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR 46(b) 36,469 (1,149) 31,466 114 The annexed notes form an integral part of these financial statements. Financial Review | Awantec Annual Report 2021 145