Page 96 - RFHL ANNUAL REPORT 2024_ONLINE

94 Consolidated Statement of Cash Flows

For the year ended September 30, 2024. Expressed in millions of Trinidad and Tobago dollars.

Notes 2024 2023

Net decrease in cash and cash equivalents (932) (2,320)
Net foreign exchange difference 52 (262)
Cash and cash equivalents at beginning of year 10,964 13,547

Cash and cash equivalents at end of year 10,084 10,964

Cash and cash equivalents at end of year are represented by:
Cash on hand 1,452 1,417
Due from banks 6,802 7,629
Treasury Bills – original maturities of three months or less 1,723 1,550
Bankers’ acceptances – original maturities of three months or less 107 368

10,084 10,964

Supplemental information:
Interest received during the year 6,150 5,450
Interest paid during the year (1,013) (781)
Dividends received 19 (c) 5 –

The accompanying notes form an integral part of these Consolidated financial statements.