SCC Holdings Berhad Annual Report 2019

notes to the financial statement 31 december 2019 (cont’d) 86 SCC Holdings Berhad | Annual Report 2019 31. Financial Instruments (a) Classification of financial instruments Financial assets and financial liabilities are measured on an ongoing basis either at fair value or at amortised cost. The principal accounting policies in Note 3 describe how the classes of financial instruments are measured, and how income and expense, including fair value gains and losses, are recognised. The following table analyses the financial assets and liabilities in the statements of financial position by the class of financial instruments to which they are assigned, and therefore by the measurement basis: At AC At FVTPL At FVTOCI Total RM’000 RM’000 RM’000 RM’000 Group 2019 Financial Assets Investment securities - - 72 72 Trade receivables 13,212 - - 13,212 Other receivables 464 - - 464 Other investments - 14,725 - 14,725 Cash and bank balances 5,764 - - 5,764 Total financial assets 19,440 14,725 72 34,237 Financial Liabilities Trade payables 3,632 - - 3,632 Other payables 3,863 - - 3,863 Total financial liabilities 7.495 - - 7,495 Company Financial Assets Other receivables 2 - - 2 Amount due from subsidiary companies 7,466 - - 7,466 Other investments - 5,031 5,031 Cash and bank balances 429 - - 429 Total financial assets 7,897 5,031 - 12,928 Financial Liability Other payables 2,522 - - 2,522 Total financial liability 2,522 - - 2,522