ENRA Group Berhad Annual Report 2020

ENRA Group Berhad - Annual Report 2020 114 NOTES TO THE FINANCIAL STATEMENTS 31 March 2020 23. BORROWINGS Note Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Non-current liabilities Term loans 25 33,018 - - - Current liabilities Bank overdrafts 24 - 683 - - Term loans 25 30,296 9,778 5,000 - Other borrowings 26 38,828 5,466 4,000 3,000 69,124 15,927 9,000 3,000 102,142 15,927 9,000 3,000 Total borrowings Bank overdrafts 24 - 683 - - Term loans 25 63,314 9,778 5,000 - Other borrowings 26 38,828 5,466 4,000 3,000 102,142 15,927 9,000 3,000 a. Borrowings are classified as financial liabilities measured at amortised cost. b. The currency exposure profile of borrowings are as follows: Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Ringgit Malaysia 89,547 6,096 9,000 3,000 British Pound 10,091 9,778 - - Australian Dollar 2,504 53 - - 102,142 15,927 9,000 3,000 24. BANK OVERDRAFTS The bank overdrafts of the Group and of the Company are secured by the following: a. first party pledge of fixed deposits equivalent to one (1) to twelve (12) months’ interest servicing on the facility (Note 16(c)); and b. guaranteed by way of corporate guarantee by the Group. Information on financial risks of bank overdrafts is disclosed in Note 41 to the financial statements.