Critically evaluate the performance of the company with regards to its cash flow and credit risk

\fAirAsia X Bad (AAX) Statement of Financial Position as at 31 December 2020 2021 RM RM Non-Current Assets Property, plant and equipment 62,678,773 161,308,670 Land held for property development 585,965,777 607,710,801 Investment in properties 298,579,916 294,602,350 Other Investment 15,897,912 13,173,912 Deferred taxation 33,630,094 32,462,147 1,096,752,47 1,109,257,88 Current Assets Contract Assets 5,489,197 1,261,967 Inventories 205,413.824 198,280.844 Trade receivables 61,392,761 53,962,242 Prepaid operating expenditure 11,071,914 9.915.435 Tax recoverable 1,295,261 779,060 Cash and bank balances 64,414,477 68,246,381 349.077.434 332.445.929 1,445.829,90 1,441,703,80 Current Liabilities Trade payables 105.846.529 85,556.513 Contract Liabilities 5,387.843 11,878,047 Loans and Borrowings 91,876.829 103,619.001 Tax payables 2.728.871 1,256.160 205,840,072 202,309,721 Non-current Liabilities Loans and Borrowings 260.906,148 250,755.583 Deferred tax liabilities 33.876.475 35.442.425 194,598.723 286,198,008Cash flow from Financing Activities Dividend paid (16,765,122) (16,765,122) Dividends paid to non-controlling interest (402,020) (1,466,606) Proceeds from loans and borrowings 47.944.632 61,516,689 Repayment of loans and borrowings (36,916,186) (64,936,363) Net cash (used in)/generated from financing activities (6,138,696) (21.651,402) Net cash increase(decrease) in cash and cash equivalent 14.493,187 3,090.549 Exchange differences 0 0 Cash and cash equivalents at beginning of the year 43,074,998 64.414.477 Cash and cash equivalents at ending of the year 64,414,477 68,246.381