260 / 396
Group
( 1 )
Company
( 2 )
Note
2017
RM’000
2016
RM’000
2017
RM’000
2016
RM’000
Cash flows from financing activities
Proceeds from issuance of shares
1,006,200
–
1,006,200
–
Buy-back of shares
–
(160)
–
(160)
Proceeds from borrowings
1,276,785
832,208
873,984
300,370
Repayment of borrowings
(1,959,627) (3,154,447) (1,343,280) (2,922,397)
Dividends paid to shareholders
(802,050)
(111,315)
(802,050)
(111,315)
Net cash used in financing activities
(478,692) (2,433,714)
(265,146) (2,733,502)
Net increase/(decrease) for the financial year
91,259
(908,396)
(226,170)
(969,615)
Currency translation differences
100,722
157,300
100,722
129,255
Cash and cash equivalents at beginning of the financial year
1,675,600
2,426,696
1,422,281
2,262,641
Cash and cash equivalents at end of the financial year
1,867,581
1,675,600
1,296,833
1,422,281
For the purposes of the cash flow statements, cash and cash equivalents include the following:
Group
( 1 )
Company
( 2 )
2017
RM’000
2016
RM’000
2017
RM’000
2016
RM’000
Cash and cash equivalents at end of the financial year
1,867,581
1,675,600
1,296,833
1,422,281
Add: Deposits pledged as securities and restricted cash
14,614
65,973
4,757
4,605
Deposits, cash and bank balances at the end of the financial year
26 1,882,195 1,741,573 1,301,590 1,426,886
The deposits with licensed banks of the Group and the Company amounting to RM14,614,000 and RM4,757,000 (2016: Group and
Company RM65,973,000 and RM4,605,000) are pledged as securities for banking facilities granted to the Group and Company and are
restricted for the purpose of purchase of engines.
Significant non-cash transactions for the financial year ended 31 December 2017
(a) On 1 January 2017, the Group acquired two subsidiaries as disclosed in Note 12 to the financial statements. No cash outflow was
involved as these were deemed acquisitions.
(b) On 29 August 2017, the Company partially disposed perpetual capital security issued by a subsidiary amounting to IDR2,601 billion
(equivalent to RM835 million) as disclosed in Note 12 to the financial statements. Included in the total consideration of IDR2,601
billion (equivalent to RM835 million) is IDR1,327 billion (equivalent to RM426 million) which is repayable over 10 years while the
remaining amount of IDR1,274 billion (equivalent to RM409 million) is repayable on demand as disclosed in Notes 18 and 23 to the
financial statements, respectively.
STATEMENTS
OF CASH FLOW
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2017
[ ]
AirAsia Berhad
REPORTS AND FINANCIAL STATEMENTS
246