Maxis Berhad
Annual Report 2015
page
140
Notes to the Financial Statements
31 December 2015
30 BORROWINGS
Group
Company
Note
2015
RM’000
2014
RM’000
2015
RM’000
2014
RM’000
Non-current
Secured
Finance lease liabilities
(a)
7,980
11,855
-
-
Unsecured
Syndicated term loans
(b)
991,684
1,670,763
991,684
1,670,763
Term loans
(c)
1,959,327
1,790,997
1,959,327
1,790,997
Islamic Medium Term Notes
(d)
3,325,483
2,484,105
3,325,483
2,484,105
Commodity Murabahah Term Financing
(e)
2,516,230
2,160,669
2,516,230
2,160,669
8,800,704
8,118,389
8,792,724
8,106,534
Current
Secured
Finance lease liabilities
(a)
12,868
14,051
-
-
Unsecured
Syndicated term loan
(b)
1,064,080
865,644
1,064,080
865,644
1,076,948
879,695
1,064,080
865,644
9,877,652
8,998,084
9,856,804
8,972,178
(a) Finance lease liabilities
The Group leased certain assets under finance lease with terms of three to five years (2014: three to five years). The finance leases have
remaining terms of one to four years (2014: one to three years) which the Group has options for another one to five years extension subject
to renewal conditions by the lessor for certain leased assets.
The weighted average effective interest rate of the Group’s finance lease liabilities is 10.00% (2014: 10.13%) per annum. These leases are
effectively secured as the rights to the leased assets revert to the lessor in the event of defaults.
