111 / 168
Datasonic Group Berhad
(Company No. 809759-X)
109
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
(Continued)
15. AMOUNTS OWING BY/(TO) SUBSIDIARIES
Company
2016
2015
RM’000
RM’000
Amounts owing by:-
for trade balances
1,361
1,613
for non-trade balances
48,144
92,952
49,505
94,565
Amount owing (to):-
for non-trade balance
(400)
–
The amounts owing by/(to) subsidiaries are unsecured, interest-free and receivable/(repayable) on
demand. The amounts owing are to be settled in cash.
16. SHORT-TERM INVESTMENTS
Group/Company
2016
2015
RM’000
RM’000
Money market funds in Malaysia, at fair value
20,827
–
17. CASH AND CASH EQUIVALENTS
Group
Company
2016
2015
2016
2015
RM’000
RM’000
RM’000
RM’000
Deposits with licensed banks
7,044
3,965
21
74
Cash and bank balances
15,299
45,018
1,949
1,182
22,343
48,983
1,970
1,256
Less: Bank overdraft (Note 28)
(5,000)
–
–
–
Less: Deposits pledged to
licensed banks
(5,743)
(3,911)
(21)
(20)
11,600
45,072
1,949
1,236
The deposits with licensed banks of the Group and of the Company at the end of the financial year/
period bore effective interest rates ranging from 2.90% to 3.45% (2015 - 2.90% to 3.35%) per annum
and 3.15% (2015 - 3.15%) per annum respectively. The deposits have maturity periods ranging from
1 to 12 (2015 - 1 to 12) months and 12 months (2015 - 12 months) for the Group and the Company
respectively.