Green Technology Annual Report

Note The Group The Company 2019 RM 2018 RM 2019 RM 2018 RM CASH FLOWS FROM INVESTING ACTIVITIES Interest received 1,985,175 2,260,057 1,985,175 2,260,057 Decrease/(Increase) in fixed deposits with licensed bank with tenure more than 3 months 9,685,680 (1,237,313) 9,685,680 (1,237,313) (Increase)/Decrease in pledged fixed deposits with a licensed bank (987,450) 2,031,217 (987,450) 2,031,217 Proceed from disposal of equipment 2,996 6,810 2,996 6,810 Purchase of equipment (87,718) (367,650) (87,718) (367,650) Proceed from disposal of investment in a joint venture 5,173 – – – NET CASH FROM INVESTING ACTIVITIES 10,603,856 2,693,121 10,598,683 2,693,121 CASH FLOWS FROM/ (FOR) FINANCING ACTIVITIES Interest paid 26(a) (2,209) – (2,209) – Net addition/ (utilisation) of government grants 11,706,779 (4,511,850) 11,706,779 (4,511,850) Repayment of lease liabilities 26(a) (17,711) – (17,711) – Note The Group The Company 2019 RM 2018 RM 2019 RM 2018 RM NET CASH FROM/ (FOR) FINANCING ACTIVITIES 11,686,859 (4,511,850) 11,686,859 (4,511,850) NET INCREASE/ (DECREASE) IN CASH AND CASH EQUIVALENTS 25,150,424 (9,941,697) 25,148,572 (9,941,640) CASH AND CASH EQUIVALENTS AT BEGINNING OF THE FINANCIAL YEAR 8,704,270 18,645,967 6,183,481 16,125,121 CASH AND CASH EQUIVALENTS AT END OF THE FINANCIAL YEAR 26(b) 33,854,694 8,704,270 31,332,053 6,183,481 The annexed notes form an integral part of these financial statements 105 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019