Datasonic Group Berhad 140 Notes to the Financial Statements for the Financial Year Ended 31 March 2022 (Cont’d) 17. SHORT-TERM INVESTMENTS Group 2022 2021 Carrying Amount Market Value Carrying Amount Market Value RM’000 RM’000 RM’000 RM’000 Money market funds, at fair value 110,111 110,111 31,449 31,449 Company 2022 2021 Carrying Amount Market Value Carrying Amount Market Value RM’000 RM’000 RM’000 RM’000 Money market funds, at fair value 75,391 75,391 290 290 18. CASH AND CASH EQUIVALENTS Group Company 2022 2021 2022 2021 RM’000 RM’000 RM’000 RM’000 Deposits with licensed banks 6,107 6,103 - - Cash and bank balances 4,637 10,742 1,098 1,517 Short-term investments 110,111 31,449 75,391 290 120,855 48,294 76,489 1,807 Less: Deposits pledged to licensed banks (6,107) (6,103) - - 114,748 42,191 76,489 1,807 The deposits with licensed banks of the Group at the end of the financial year bore effective interest rates ranging from 1.40% to 3.45% (2021 - 1.50% to 3.45%) per annum. The deposits have maturity periods ranging from 1 to 24 (2021 - 1 to 24) months for the Group. The deposits which have been pledged to licensed banks as securities for banking facilities granted to the Group are disclosed in Note 30 to the financial statements.
RkJQdWJsaXNoZXIy NDgzMzc=