Page 180 - Bank-Muamalat-Annual-Report-2021

178 BANK MUAMALAT MALAYSIA BERHAD
ABOUT US OUR LEADERSHIP OUR STRATEGY OUR PERFORMANCE

STATEMENTS OF CASH FLOWS
FOr THE yEAr ENdEd 31 dECEMbEr 2021 (26 JAMAdiL AWAL 1443H)

(a) Reconciliation of liabilities arising from financing activities:

The table below details changes in the Group’s and the Bank’s liabilities arising from financing activities, including both cash
and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will
be, classified in the Group’s statement of cash flows as cash flows from financing activities

sukuk Recourse obligation on
financing sold to cagamas
2021 2020 2021 2020
Group and Bank RM’000 RM’000 RM’000 RM’000

At 1 January 2021/1 January 2020 753,334 753,049 444,141 459,633

Net changes from financing cash flows:
Dividend paid on Islamic subordinated sukuk (46,000) (42,000) - -
Redemption of subordinated sukuk (750,000) - - -
Additional issuance of subordinated bonds 498,573 - - -
Payment of principal for recourse
obligation on financing sold to Cagamas - - (16,667) (15,485)
Payment of finance cost for recourse
obligation on financing sold to Cagamas - - (20,293) (21,035)

455,907 711,049 407,181 423,113
Other changes:
Amortisation of cost on sukuk issued 406 199 - -
Finance cost 43,563 42,086 20,285 21,028
At end of the financial year 499,876 753,334 427,466 444,141