MISC - Annual Report 2015

266 REDISCOVER |  REBUILD |  SUSTAIN Notes to the financial statements - 31 December 2015 35. Financial risk management objectives and policies (cont’d.) (a) Interest rate risk (cont’d.) The following table demonstrates the sensitivity to a reasonably possible change in interest rates, with all other variables held constant, of the Group’s and the Corporation’s profit before taxation and equity via floating rate borrowings and interest rate swaps respectively. Effect on Effect on profit other com- before prehensive Increase/ taxation income (Decrease) (Decrease)/ Increase/ in LIBOR Increase (Decrease) basis points RM’000 RM’000 As at 31 December 2015 Group USD - 3 Months LIBOR +10 (4,557) 1,505 USD - 3 Months LIBOR -10 4,557 (1,505) Corporation USD - 3 Months LIBOR +10 (937) – USD - 3 Months LIBOR -10 937 – As at 31 December 2014 Group USD - 3 Months LIBOR +10 (7,658) – USD - 3 Months LIBOR -10 7,658 – Corporation USD - 3 Months LIBOR +10 (3,883) – USD - 3 Months LIBOR -10 3,883 –

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