Page 181 - Bank-Muamalat-AR2020

179
Our Performance Sustainability Statement Governance Our Numbers Other Information

Group Bank
For the For the
twelve For the nine twelve For the nine
months months months months
ended ended ended ended
31 December 31 December 31 December 31 December
2020 2019 2020 2019
Note rM’000 rM’000 rM’000 rM’000
(Note 1) (Note 1)

Cash flows from financing activities
Dividend paid on Islamic subordinated sukuk (42,000) (42,000) (42,000) (42,000)
Payment of lease liabilities (11,887) (8,928) (11,676) (8,778)
Payment of principal for recourse obligation
on financing sold to Cagamas (15,484) (11,463) (15,484) (11,463)
Payment of finance cost for recourse
obligation on financing sold to Cagamas (21,035) (16,243) (21,035) (16,243)
Net cash used in financing activities (90,406) (78,634) (90,195) (78,484)

Net increase in cash and cash equivalents 1,898,439 222,642 1,898,439 222,642
Cash and cash equivalents at beginning of year 1,065,150 842,508 1,065,150 842,508

Cash and cash equivalents at end of year 2,963,589 1,065,150 2,963,589 1,065,150

Cash and cash equivalents consist of:
Cash and short term funds 4 (a) 2,933,172 1,011,225 2,933,172 1,011,225
Cash and placements with financial
institutions 4 (b) 30,417 53,925 30,417 53,925

2,963,589 1,065,150 2,963,589 1,065,150