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ENRICHING STAKEHOLDER ASPIRATIONS ENRICHING PERFORMANCE ENRICHING THE COMMUNITY ENRICHING ACCOUNTABILITY & INTEGRITY ENRICHING RESILIENCE & SUSTAINABLE GROWTH

statements of casH floWs

for the year ended 31 december 2023

Group KWAP
2023 2022 2023 2022
RM’000 RM’000 RM’000 RM’000

Cash Flows From Financing Activities
allocation of statutory funds 500,000 500,000 500,000 500,000
receipts of pension contribution 2,209,832 2,145,885 2,209,832 2,145,885
repayment of pension contribution (18,507) (11,043) (18,507) (11,043)
Withdrawals by federal government (3,000,000) (3,000,000) (3,000,000) (3,000,000)
proceeds from borrowings 421,102 - - -
changes in other reserves 3,228 (16,675) - -
lease interest paid - - (1,914) -
payment of lease liabilities (35,654) (7,290) (7,093) -
Net Cash Generated From/(Used in)
Financing Activities 80,001 (389,123) 317,682 (365,158)
Net (Decrease)/increase in Cash And
Cash Equivalents (6,470,393) 3,319,617 (6,806,177) 3,016,911
Effect Of Changes in Foreign Currency (155,197) (437,009) - -
cash and cash equivalents
as at 1 January 12,714,941 9,832,333 12,128,531 9,111,620
cash and cash equivalents
as at 31 december 6,089,351 12,714,941 5,322,354 12,128,531

the accompanying accounting policies and explanatory notes form an integral part of the financial statements.

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