Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 171 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 and interest rate swap contract) and the periods in which the borrowings mature or reprice (whichever is earlier) are as follows: Weighted average effective interest rate/ Floating profit margin at Total interest reporting date carrying rate Fixed interest rate/profit margin Company (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 2012 Loans to subsidiaries 4.91 1,325,916 120,430 – – 1,205,486 – Deposits with licensed banks 3.09 468,693 – 468,693 – – – Syndicated term loans 1.94 (2,583,174) (2,583,174) – – – – Term loans 3.32 (1,701,278) (1,701,278) – – – – Islamic Medium Term Notes 5.01 (2,482,446) – – – – (2,482,446) Gross exposure (4,972,289) (4,164,022) 468,693 – 1,205,486 (2,482,446) CCIRSs and IRSs: - syndicated term loans 4.81 2,583,174 – (368,746) (1,911,818) (302,610) - term loans 4.33 926,188 – – – (926,188) Net exposure (654,660) 468,693 (368,746) (706,332) (3,711,244)