Company: MAGH
Filing Date: 2025-09-15
Form Type: 20-F
Source: 0001493152-25-013424
Chunk: 130

Company: Magnitude International Ltd
Filing Date: 2025-09-15
Form: 20-F
Item: Item 19
Chunk 130
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 ( 546,861      ( 418,922  
  Proceeds from bank borrowings                                                                                   -          400,000        1,181,568        905,139  
  Repayment of lease liabilities                                                                           ( 86,879         ( 31,906         ( 36,587       ( 28,027  
  Proceeds from issuance of ordinary shares in a subsidiary under common control                            350,000          250,000          200,000        153,210  
  Amount due to a director                                                                                        -                -          472,113        361,662  
  Dividend paid                                                                                           ( 250,000        ( 450,000      ( 1,000,000      ( 766,049  
  Net cash (used in)/generated from financing activities                                                  ( 543,533        ( 231,080          270,233        207,013  
  Net change in cash and cash equivalents                                                                   437,047          255,179      ( 1,108,570      ( 849,219  
  Cash and cash equivalents at beginning of year                                                          1,176,235        1,613,282        1,868,461      1,431,332  
  Cash and cash equivalents at end of year                                                       9        1,613,282        1,868,461          759,891        582,113  

  F-6  

MAGNITUDE
INTERNATIONAL LTD AND ITS SUBSIDIARIES

CONSOLIDATED
STATEMENTS OF CASH FLOWS

FOR
THE YEARS ENDED APRIL 30, 2023, 2024 AND 2025

A
reconciliation of liabilities arising from financing activities as follows:

                                        Principal                                           Non-cash changes                             
                                                                                                                                         
                                        and                                                                                              
                                        interest payment                                    Interest expense                             
                         SGD                                  SGD            SGD                                  SGD         SGD        
 ─────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────────
  Bank borrowings        1,119,444                            ( 546,861      1,181,568                            73,258      1,827,409  
  Lease liabilities      528,585                              ( 36,587       -                                    17,457      509,455    

                                          Principal and                       Non-cash changes                                               
                         May 1, 2023      interest payment      Proceeds