· Excella Business Park, Jalan Ampang Putra, 55100 Ampang, Kuala Lumpur Pacific Trustees Berhad...
Transcript of · Excella Business Park, Jalan Ampang Putra, 55100 Ampang, Kuala Lumpur Pacific Trustees Berhad...
ICT ZONE VENTURES BERHAD
ICT Zone Ventures Scheme 2 - Mudharabah Al-Mua'ddat Trust Account
STATEMENT OF CASH FLOWS
FOR THE FINANCIAL YEAR ENDED 31 JANUARY 2019
Note 2019 2018
RM RM
CASH FLOWS FROM OPERATING ACTIVITIES
Trust fund received 3,235,000 260,000
Trust fund released (2,960,000) (250,000)
Capital reserve fund received 210,500 48,500
Interest received 10,656 8,286
Dividend received 216 70
Payment of bank charges (85) (101)
Payment of GST (4) (6)
496,283 66,749
NET INCREASE IN CASH AND CASH EQUIVALENTS 496,283 66,749
Cash and cash equivalents at beginning of financial year 341,128 274,379
Cash and cash equivalents at end of financial year 837,411 341,128
CASH AND CASH EQUIVALENTS CONSIST OF:
Cash at bank 270,851 49,725
Fixed deposits with a licensed bank 3 566,560 291,403
837,411 341,128
See accompanying Notes to the financial statements
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