FRONTKEN CORPORATION BERHAD 200401012517 (651020-T) ANNUAL REPORT 2024 125 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) 28. FINANCIAL INSTRUMENTS (CONT’D) (a) Financial Risk Management Policies (Cont’d) Liquidity risk Liquidity risk arises mainly from general funding and business activities. The Group and the Company practise prudent risk management by maintaining suf cient cash balances and the availability of funding through certain committed credit facilities. (i) Maturity analysis The following table sets out the maturity pro le of the nancial liabilities at the end of the reporting period based on contractual undiscounted cash ows (including interest payments computed using contractual rates or, if oating, based on the rates at the end of the reporting period): Contractual Contractual Carrying Undiscounted Within 1 - 5 Over Interest Rate Amount Cash Flows 1 year years 5 years The Group % RM RM RM RM RM 2024 Non-derivative nancial liabilities Lease liabilities 1.25 - 6.70 28,733,289 36,299,416 3,305,681 6,607,372 26,386,363 Trade payables - 27,295,368 27,295,368 27,295,368 - - Other payables and accrued expenses - 104,149,621 104,149,621 104,149,621 - - Bank borrowing 2.51 49,047 50,777 35,844 14,933 - 160,227,325 167,795,182 134,786,514 6,622,305 26,386,363 2023 Non-derivative nancial liabilities Lease liabilities 1.25 - 6.70 33,045,972 41,731,193 4,044,102 8,745,138 28,941,953 Trade payables - 22,989,378 22,989,378 22,989,378 - - Other payables and accrued expenses - 91,740,206 91,740,206 91,740,206 - - Bank borrowing 2.51 81,703 86,621 35,844 50,777 - 147,857,259 156,547,398 118,809,530 8,795,915 28,941,953
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