217 ANNUAL REPORT 2023 MST GOLF GROUP BERHAD Registration No: 199301009307 (264044-M) 79 31. FINANCIAL INSTRUMENTS (CONT’D) 31.2 Financial risk management objectives and policies (cont’d) Financial risk (cont’d) The main areas of financial risks faced by the Group and the Company and the policy in respect of the major areas of treasury activity are set out as follows (cont’d):- (b) Liquidity risk (cont’d) The summary of the maturity profile based on contractual undiscounted repayment obligations are as below (cont’d):- Current Non-current Carrying amount Contractual cash flows Within 1 year 1 to 2 years 2 to 5 years More than 5 years RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group (cont’d) 2022 Financial liabilities Secured Term loans 18,393 21,900 3,827 3,853 7,727 6,493 Bankers’ acceptance 21,853 21,853 21,853 - - - Trust receipts 5,786 5,786 5,786 - - - Bank overdraft 9,645 9,645 9,645 - - - Invoice financing 2,240 2,240 2,240 - - - Revolving loan 3,274 3,274 3,274 - - - Unsecured Trade payables 17,240 17,240 17,240 - - - Other payables 13,681 13,681 13,681 - - - Lease liabilities 49,410 57,960 13,207 10,219 24,972 9,562 Dividend payable 12,500 12,500 12,500 - - - 154,022 166,079 103,253 14,072 32,699 16,055 Carrying amount Contractual cash flows Within 1 year RM’000 RM’000 RM’000 Company 2023 Financial liabilities Other payables 1,509 1,509 1,509 Dividend payable 4,104 4,104 4,104 5,613 5,613 5,613 Corporate guarantee given to financial institutions for banking facilities and finance lease arrangement granted to subsidiaries - 83,236 83,236
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