My EG Services Berhad Annual Report 2020

MY E.G. SERVICES BERHAD Regisration No. 200001003034 (505639-K) 212 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) Indonesian Rupiah Others Ringgit Malaysia Total RM’000 RM’000 RM’000 RM’000 The Group 2019 Financial Assets Other investments - - 34,600 34,600 Financing receivables - - 319,031 319,031 Trade receivables * - - 156,038 156,038 Other receivables 61 - 29,384 29,445 Amount owing by an associate - - 6 6 Amount owing by joint ventures - 94 1 95 Fixed deposits with licensed banks - - 12,439 12,439 Cash and bank balances 489 113 63,179 63,781 550 207 614,678 615,435 Financial Liabilities Trade payables - - 102,237 102,237 Other payables and accruals 5 - 30,046 30,051 Lease liabilities - - 9,696 9,696 Term loans - - 137,749 137,749 Revolving credit - - 21,100 21,100 Block discounting - - 17,152 17,152 5 - 317,980 317,985 Net financial assets 545 207 296,698 297,450 Less: Net financial assets denominated in the respective entities’ functional currencies - - (296,698) (296,698) Currency exposure 545 207 - 752 * The trade receivables exclude accrued income.