Overview Our Business
Strategic Review Corporate Governance
Financial Statements
Other Information
page
159
Notes to the Financial Statements
31 December 2015
33 FINANCIAL RISK MANAGEMENT (CONTINUED)
(a) Market risk (continued)
(ii)
Interest rate risk (continued)
The net exposure of financial assets and financial liabilities of the Group and of the Company to interest rate risk (before and after
taking effect of cross currency interest rate swap and interest rate swap contracts) and the periods in which the borrowings mature
or reprice (whichever is earlier) are as follows: (continued)
Group
Weighted
average
effective
interest rate/
profit margin at
reporting date
(per annum)
%
Total
carrying
amount
RM’000
Floating
interest rate
< 1 year
RM’000
Fixed interest rate/profit margin
< 1 year
RM’000
1-2 years
RM’000
2-5 years
RM’000
> 5 years
RM’000
At 31 December 2014
Deposits with licensed banks
3.82 1,422,723
- 1,422,723
-
-
-
Trade payables
2.54 (557,323)
(557,323)
-
-
-
-
Finance lease liabilities
10.13
(25,906)
-
(14,051)
(6,768)
(5,087)
-
Syndicated term loans
1.87 (2,536,407) (2,536,407)
-
-
-
-
Term loans
3.58 (1,790,997)
(1,790,997)
-
-
-
-
Islamic Medium Term Notes
5.01 (2,484,105)
-
-
-
- (2,484,105)
Commodity Murabahah Term
Financing
4.87 (2,160,669) (2,160,669)
-
-
-
-
Loan from a related party
7.85
(28,875)
(28,875)
-
-
-
-
Gross exposure
(8,161,559)
(7,074,271)
CCIRS and IRS:
- syndicated term loans
4.82
2,536,407 (865,644) (864,056)
(459,016)
(347,691)
- term loans
4.54
960,028
-
-
- (960,028)
Net exposure
(3,577,836)
