ENRA Group Berhad Annual Report 2018

126 E N R A G R O U P B E R H A D ( 2 3 6 8 0 0 - T ) NOTES TO THE FINANCIAL STATEMENTS 31 March 2018 cont’d 42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (Cont’d) (iii) Liquidity and cash flow risks The Group actively manages its debt maturity profile, operating cash flows and the availability of funding so as to ensure that all operating, investing and financing needs are met. In its liquidity risk management strategy, the Group measures and forecasts its cash commitments and maintains a level of cash and cash equivalents deemed adequate to finance the activities of the Group. The Group actively manages its operating cash flow to ensure all commitments and funding needs are met. Prudent liquidity risk management implies maintaining sufficient cash and marketable securities, the availability of funding through an adequate amount of committed credit facilities and the ability to close out market positions. Analysis of financial instruments by remaining contractual maturities 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. On demand or within one year One to five years Over five years Total RM’000 RM’000 RM’000 RM’000 2018 Group Financial liabilities Trade and other payables 44,514 104 - 44,618 Borrowings 72,512 3,398 128 76,038 Total undiscounted financial liabilities 117,026 3,502 128 120,656 Company Financial liabilities Trade and other payables 11,976 - - 11,976 Borrowings 46,469 2,809 - 49,278 Total undiscounted financial liabilities 58,445 2,809 - 61,254 2017 Group Financial liabilities Trade and other payables 82,488 1,470 - 83,958 Borrowings 45,637 18,349 128 64,114 Total undiscounted financial liabilities 128,125 19,819 128 148,072 Company Financial liabilities Trade and other payables 3,488 - - 3,488 Borrowings 27,483 11,729 - 39,212 Total undiscounted financial liabilities 30,971 11,729 - 42,700