ENRA Group Berhad Annual Report 2018

125 A N N U A L R E P O R T 2 0 1 8 NOTES TO THE FINANCIAL STATEMENTS 31 March 2018 cont’d 42. 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: (Cont’d) Weighted average effective interest rate Within 1 year 1 - 2 years 2 - 3 years 3 - 4 years 4 - 5 years More than 5 years Total Note % RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Company At 31 March 2018 Fixed rates Fixed deposits with licensed banks and short term funds 15 3.19 2,816 - - - - - 2,816 Amounts due from subsidiaries 12 6.23 72,255 - - - - - 72,255 Hire-purchase and lease creditors 25 5.43 25 27 28 3 - - 83 Floating rates Bank overdrafts 24 8.50 18,421 - - - - - 18,421 Term loans 26 6.10 8,319 1,200 1,200 300 - - 11,019 Other borrowings 27 4.56 19,700 - - - - - 19,700 At 31 March 2017 Fixed rates Fixed deposit with a licensed bank 15 3.27 2,749 - - - - - 2,749 Amounts due from subsidiaries 12 5.00 56,165 - - - - - 56,165 Hire-purchase and lease creditors 25 4.71 46 26 27 28 2 - 129 Floating rates Bank overdrafts 24 8.45 19,089 - - - - - 19,089 Term loans 26 6.04 8,343 8,319 1,200 1,200 300 - 19,362