38. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D.) (b) Liquidity risk (cont’d.) Analysis of financial instruments by remaining contractual maturities (cont’d.) The table below summarises the maturity profile of the Group’s and the Company’s liabilities at the reporting date based on contractual undiscounted repayment obligations. (cont’d.) On demand or within one year RM’000 One to five years RM’000 More than five years RM’000 Total RM’000 Company Financial liabilities 2025 Trade and other payables 395,579 - - 395,579 Lease liabilities 127 391 - 518 ICPS 2,871 8,353 - 11,224 Borrowings 238,879 1,293,351 - 1,532,230 Total undiscounted financial liabilities 637,456 1,302,095 - 1,939,551 2024 Trade and other payables 357,854 - - 357,854 Lease liabilities - - - - ICPS 2,871 11,224 - 14,095 Borrowings 555,026 706,130 - 1,261,156 Total undiscounted financial liabilities 915,751 717,354 - 1,633,105 (c) Interest rate risk Interest rate risk is the risk that the fair value of future cash flows of a financial instrument will fluctuate because of changes in market interest rates. The Group’s primary interest rate risk relates to interest-bearing borrowings. The investments in financial assets including fixed deposits are mainly short-term in nature and they are not held for speculative purposes. The Group manages its interest rate exposure by using a mix of fixed and floating rate debts and actively reviewing its debt portfolio, taking into account the investment holding period and nature of its assets. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2025 AR 2025 | FINANCIAL STATEMENT & OTHER INFORMATION 368
RkJQdWJsaXNoZXIy NDgzMzc=