Integrated Annual Report 2024 SECTION 6 • FINANCIAL STATEMENTS 321 Notes to the Financial Statements 28. FINANCIAL INSTRUMENTS (CONT’D) 28.7 Hedging activities (cont’d) 28.7.3 Cash flow hedge (cont’d) Maturity Under 1 year RM’000 1 - 2 years RM’000 2 - 5 years RM’000 More than 5 years RM’000 Company 2024 Foreign currency risk Loans and borrowings 241,677 265,974 - - Cross currency swaps Net exposure - 200,000 250,000 - Average MYR:USD cross currency swaps - 4.1870 4.1870 - 2023 Foreign currency risk Loans and borrowings 247,860 247,860 272,778 - Cross currency swaps Net exposure 550,000 500,000 200,000 250,000 Average MYR:USD cross currency swaps 4.464 4.424 4.327 4.153 The amounts at the reporting date relating to items designated as hedged items were as follows: Cash flow hedge reserve RM’000 Balances remaining in the cash flow hedge reserve from hedging relationships for which hedge accounting is no longer applied RM’000 Group 2024 Foreign currency risk Forecast sales – Loans and borrowings (43,070) 18,047 Forecast sales – Forward exchange contracts 210,537 - Forecast loan repayments – Cross currency swaps 9,913 - Commodity price risk Forecast sales – Commodity swaps and options 199,692 - Total hedging reserve 377,072 Non-controlling interests share of hedging reserve (83,034) - Hedging reserve attributable to owners of the Company 294,038
RkJQdWJsaXNoZXIy NDgzMzc=