ENRA Group Berhad Annual Report 2019

115 ENRA GROUP BERHAD ∞ Annual Report 2019 page Notes to the Financial Statement 31 March 2019 23. BORROWINGS (cont’d) The currency exposure profile of borrowings are as follows: Group Company 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Ringgit Malaysia 6,619 51,026 3,058 49,223 US Dollar - 6,199 - - British Pound 9,778 5,745 - - Australian Dollar 53 - - - Euro - 12,892 - - 16,450 75,862 3,058 49,223 24. BANK OVERDRAFTS The bank overdrafts of the Group and of the Company are secured by the following: (a) in the previous financial year, Loan Agreement cum Deed of Assignment of RM70,000,000 over assets held for sale of the Group and the Company with a carrying amount of RM79,996,000 and RM79,855,000 respectively and a first party first legal charge; (b) in the previous financial year, specific debenture of RM70,000,000 by way of a fixed and floating charge over the assets held for sale of the Group and of the Company with a carrying amount of RM79,996,000 and RM79,855,000 respectively, all the borrower’s rights, interests and benefits in and under the property including all sales proceeds, rental income, other revenue, claims and any undertaking relating to the property; (c) first party pledge of fixed deposits equivalent to one (1) to twelve (12) months’ interest servicing on the facility (Note 16); and (d) guaranteed by way of corporate guarantee by the Group. Information on financial risks of bank overdrafts is disclosed in Note 42 to the financial statements.