ENRA Group Berhad | Annual Report 2022 164 NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2022 37. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (Cont’d) (ii) Interest rate risk (Cont’d) The following tables set out the carrying amounts, the weighted average effective interest rates as at the end of reporting period and the remaining maturities of the financial instruments of the Group and of the Company that are exposed to interest rate risk (continued): Weighted average effective More interest Within 1 - 2 2 - 3 3 - 4 4 - 5 than rate 1 year years years years years 5 years Total Company Note % RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 At 31 March 2022 Fixed rates Fixed deposits with licensed banks 14 1.70 2,100 – – – – – 2,100 Amounts due from subsidiaries 11 7.50 61,757 – – – – – 61,757 Floating rates Other borrowings 23 5.14 8,000 – – – – – 8,000 Short term funds 14 3.47 1,111 – – – – – 1,111
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