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QuestionsCategory: MiscellaneousCash and Cash Equivalents
Duvell Boo asked 1 year ago

hi Victor,
following your Excel webinar, we supposed to take Cash And Cash Equivalents(Cash and Bank Balances=39,100,668) figure in current Assets,
buy i found there is also CACE figure in Cashflow statement, CASH AND CASH EQUIVALENTS
AT END OF THE FINANCIAL YEAR=43,211,255
the figures are not the same, so which one should i follow?
 
Thanks,
Duvell

4 Answers
Victor Chng answered 1 year ago

Hi Duvell,
You may want to point me to the annual report so I can take a look at it. 
 

Victor Chng answered 1 year ago

Hi Duvell,
 
You can take the figure from the company’s balance sheet (shown below). The figure should be around RM44m which is closed to the RM43.2m
 
Deposits with licensed banks – RM4.9m
Cash and bank balances – RM39.1m

Duvell Boo answered 1 year ago

hi Victor,
Thanks alot for your support…

Victor Chng replied 1 year ago

Welcome :)