Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 169 FINANCIAL STATEMENTS CORPORATE GOVERNANCE ANALYSIS OF SHAREHOLDINGS OTHER INFORMATION ANNUAL GENERAL MEETING 33 FINANCIAL RISK MANAGEMENT (CONTINUED) (a) Market risk (continued) (ii) Interest rate risk (continued) The net exposure of financial assets and financial liabilities of the Group and of the Company to interest rate risk (before and after taking effect of cross currency interest rate swap contract) and the periods in which the borrowings mature or reprice (whichever is earlier) are as follows: Weighted average effective Floating interest rate at Total interest reporting date carrying rate Fixed interest rate Group (per annum) amount < 1 year < 1 year 1-2 years 2-5 years > 5 years % RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 At 31 December 2011 Deposits with licensed banks 3.02 746,194 – 746,194 – – – Trade payables 2.49 (53,985) (53,985) – – – – Finance lease liabilities 15.44 (35,553) – (13,846) (10,613) (11,094) – Syndicated term loans 2.13 (2,671,802) (2,671,802) – – – – Term loans 4.06 (3,165,713) (3,165,713) – – – – Loan from a related party 7.60 (35,668) (35,668) – – – – Gross exposure (5,216,527) (5,927,168) 732,348 (10,613) (11,094) – CCIRSs: - syndicated term loans 4.81 2,671,802 – – (1,943,482) (728,320) - term loans 4.19 237,483 – – – (237,483) Net exposure (3,017,883) 732,348 (10,613) (1,954,576) (965,803)