CapitaLand Integrated Commercial Trust - Annual Report 2021

The accompanying notes form an integral part of these financial statements. Statement of Cash Flows YEAR ENDED 31 DECEMBER 2021 Group 2021 2020 $’000 $’000 Net increase/(decrease) in cash and cash equivalents 181,516 (18,581) Cash and cash equivalents at beginning of the year 183,617 202,198 Cash and cash equivalents at end of the year (Note 13) 365,133 183,617 Note: (A) Significant Non-Cash Transactions • In 2021, 10,363,224 (2020: 1,350,480) Units were issued to the Manager as payment for the management fees payable in units, amounting to $21,915,000 (2020: $3,275,000). • In 2020, 2,780,549,536 Units were issued as consideration units for the Merger, amounting to $5,310,850,000. CapitaLand Integrated Commercial Trust 226