Page 204 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

STATEMENTS OF
CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023 (18 JAMADIL AKHIR 1445H) (cont’d.)

Group Bank
2023 2022 2023 2022
Note RM’000 RM’000 RM’000 RM’000

Cash flows from operating activities (cont’d.)
(Increase)/decrease in operating assets:
Islamic derivative financial assets 1,592 (18,944) 1,592 (18,944)
Financial investments portfolio (4,549) (58,299) (4,548) (58,298)
Financing of customers (4,363,837) (3,386,771) (4,370,239) (3,385,805)
Statutory deposits with Bank Negara Malaysia (166,718) (286,942) (166,718) (286,942)
Other assets (94,299) 10,591 (93,956) 10,490
Increase/(decrease) in operating liabilities:
Deposits from customers 6,475,127 3,207,443 6,471,449 3,211,637
Deposits and placements of banks and
other financial institutions 224,582 6,831 224,582 6,831
Investment accounts of customers (53,469) 84,180 (53,469) 84,180
Islamic derivative financial liabilities (1,592) (900) (1,592) (900)
Bills and acceptances payable (6,445) 12,463 (6,445) 12,463
Other liabilities 4,517 (44,064) 6,680 (45,197)

Cash generated from operations 2,480,669 15,681 2,467,237 9,381
Finance cost on lease liabilities paid 39 (1,839) (1,925) (1,839) (1,925)
Zakat paid (4,723) (4,163) (4,264) (3,796)
Tax paid (57,678) (81,611) (55,718) (79,783)

Net cash from/(used in) operating activities 2,416,429 (72,018) 2,405,416 (76,123)

Cash flows from investing activities
Proceeds from disposal of
investment in securities 4,204,818 2,085,380 4,204,818 2,085,380
Purchase of financial
investment in securities (5,366,573) (2,412,089) (5,366,506) (2,412,050)
Purchase of property, plant
and equipment 14 (7,822) (6,919) (7,821) (6,895)
Purchase of intangible assets 13 (47,669) (58,883) (47,656) (58,802)
Dividend income 29 68 39 11,000 4,000
Net cash used in investing activities (1,217,178) (392,472) (1,206,165) (388,367)

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