ENRA Group Berhad Annual Report 2020

ENRA Group Berhad - Annual Report 2020 142 NOTES TO THE FINANCIAL STATEMENTS 31 March 2020 41. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (Cont’d) iii. Liquidity and cash flow risks (Cont’d) Analysis of financial instruments by remaining contractual maturities (Cont’d) The table below summarises the maturity profile of the liabilities of the Group and of the Company at the end of the reporting period based on contractual undiscounted repayment obligations (Cont’d). On demand or within one year RM’000 One to five years RM’000 Over five years RM’000 Total RM’000 2019 Group Financial liabilities Trade and other payables 31,776 2,613 - 34,389 RCPS liability - 8,096 - 8,096 Lease liabilities 30,515 61,688 - 92,203 Borrowings 16,189 281 18 16,488 Total undiscounted financial liabilities 78,480 72,678 18 151,176 Company Financial liabilities Trade and other payables 5,516 - - 5,516 Lease liabilities 516 509 - 1,025 Borrowings 3,029 32 - 3,061 Total undiscounted financial liabilities 9,061 541 - 9,602 iv. Foreign currency risk Foreign currency risk is the risk that the fair value or future cash flows of a financial instrument would fluctuate because of changes in foreign exchange rates. The Group is subject to foreign exchange fluctuations through the import and export of finished goods. The Group also has cash and bank balances, receivables, payables and borrowings denominated in foreign currencies. At the end of reporting period, the Group holds bank balance denominated in foreign currencies as disclosed in Note 16(e) to the financial statements. The Group is also exposed to foreign currency risk in respect of the overseas subsidiaries.