My EG Services Berhad Annual Report 2020

ANNUAL REPORT 2020 211 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS For The Financial Year Ended 31 December 2020 (CONT’D) 47. FINANCIAL INSTRUMENTS (CONT’D) 47.1 FINANCIAL RISK MANAGEMENT POLICIES (cont’d) (a) Market Risk (cont’d) (i) Foreign Currency Risk (cont’d) Foreign Currency Exposure (cont’d) United States Dollar Singapore Dollar Others Ringgit Malaysia Total RM’000 RM’000 RM’000 RM’000 RM’000 The Group 2020 Financial Liabilities Trade payables 2,083 - - 70,321 72,404 Other payables and accruals - - 2 26,426 26,428 Amount owing to an associate - - - 33 33 Lease liabilities - - - 5,457 5,457 Term loans - - - 128,010 128,010 Revolving credit - - - 21,100 21,100 Block discounting - - - 16,408 16,408 2,083 - 2 267,755 269,840 Net financial (liabilities)/ assets (2,053) 727 868 538,056 537,598 Less: Net financial assets denominated in the respective entities’ functional currencies - - - (538,056) (538,056) Currency exposure (2,053) 727 868 - (458)