MKH Annual Report 2020

224 FINANCIAL STATEMENTS ANNUAL REPORT 2020 41. OPERATING LEASE ARRANGEMENTS - THE GROUP AS LESSOR The Group has entered into property leases on its investment properties, which comprise freehold and leasehold land and buildings, with non-cancellable lease terms ranging from 12 to 30 years. The lease contracts contain fixed upward revision of the rental charges over the lease period. Future minimum rental receivables under non-cancellable operating leases at the reporting date but not recognised as receivables, are as follows: The Group 2020 RM 2019 RM Not later than 1 year 4,492,119 4,319,287 Later than 1 year but not later than 5 years 18,491,379 17,985,249 Later than 5 years 31,146,200 35,797,148 54,129,698 58,101,684 42. FINANCIAL INSTRUMENTS Categories of financial instruments 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: The Group The Company 2020 RM 2019 RM 2020 RM 2019 RM Financial assets At FVTPL:  Other investment 132,496 - - - At amortised cost:  Receivables and deposits 189,804,387 215,891,709 356,545,723 399,820,617  Cash, bank balances, term deposits and  fixed income funds 374.653,655 405,156,006 1,900,392 593,455 Financial liabilities At amortised cost:  Payables and accruals 852,558,292 860,817,813 712,040 769,521  Lease liability 18,740,678 - - -  Loans and borrowings 633,773,775 684,764,261 167,653,600 146,469,068