37. Financial risk management objectives and policies (cont’d.) (c) Liquidity risk Liquidity risk is the risk that the Group and the Corporation will encounter difficulty in meeting their financial obligations due to shortage of funds. The Group and the Corporation’s exposure to liquidity risk arise primarily from mismatches of the maturities of financial assets and liabilities. The Group and the Corporation’s objective is to maintain a balance between continuity of funding and flexibility through the use of bank loans and various other sources of funding. The Group and the Corporation have at their disposal cash and short term deposits amounting to RM6,559,207,000 (2015: RM5,654,024,000) and RM3,468,856,000 (2015: RM2,070,683,000) respectively. As at 31 December 2016, the Group and the Corporation have unutilised credit lines of RM3.7 billion (2015: RM3.6 billion) and RM2.7 billion (2015: RM2.6 billion) respectively, which could be used for working capital purposes. Financial Statements 313
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