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Notes to the financial statements
31 December 2014
Bursa Malaysia
•
Annual Report 2014
140
23. Cash and bank balances of Clearing Funds (cont’d.)
(i) As at the financial year end, the total cash and non-cash components of the CGF are as follows:
2014
2013
RM’000
RM’000
Cash and bank balances
98,832
38,178
Bank guarantees from TCPs of Bursa Malaysia Securities Clearing
4,496
4,438
Standby Credit Facility from the Company
-
60,000
Total CGF
103,328
102,616
On 1 August 2014, Bursa Malaysia Securities Clearing replaced the Standby Credit Facility from the Company by setting aside RM60,000,000 as additional
cash resources to CGF.
(ii) There are no non-cash collaterals from CPs of Bursa Malaysia Derivatives Clearing for DCF held by the Group as at 31 December 2014 and 31 December 2013.
24. Cash and bank balances
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Cash on hand and at banks
4,068
2,375
621
362
Deposits with:
Licensed banks
190,571
286,231
53,121
120,203
Licensed investment banks
19,728
62,836
2,909
24,194
210,299
349,067
56,030
144,397
Total cash and bank balances
214,367
351,442
56,651
144,759
(i) Included in the Group’s and the Company’s cash and bank balances is an amount of RM1,668,000 (2013: RM2,207,000) set aside to meet or secure
the claims of creditors and certain lease payments pursuant to the High Court order issued in relation to the reduction of capital of the Company on
27 January 2005.