243 ANNUAL REPORT 2025 MST GOLF GROUP BERHAD 33. FINANCIAL INSTRUMENTS (CONT’D) 33.2 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):- (c) Interest rate risk (cont’d) The interest rate profile of the Group’s and the Company’s significant interest-bearing financial instruments, based on carrying amounts as at end of the reporting period are:- Group Company 2025 2024 2025 2024 RM’000 RM’000 RM’000 RM’000 Fixed rate instruments Financial assets Fixed deposits with licensed banks 438 23,745 - 19,701 Other investment 64,889 27,804 64,520 26,371 Amount owing by subsidiaries - - 13,767 46,096 Financial liability Lease liabilities (52,900) (63,584) - - 12,427 (12,035) 78,287 92,168 Floating rate instruments Financial liabilities Borrowings - term loans 16,346 17,567 - - - bankers’ acceptance 7,953 16,418 - - - supplier finance arrangements 1,653 4,494 - - - bank overdraft - 6,329 - - 25,952 44,808 - - Fair value sensitivity analysis for fixed rate instruments The Group and the Company do not account for any fixed rate financial assets and liabilities at fair value through profit or loss, and the Group and the Company do not designate derivatives as hedging instruments under a fair value hedge accounting model. Therefore, a change in interest rates at the end of the reporting period would not affect profit or loss.
RkJQdWJsaXNoZXIy NDgzMzc=