271 INTEGRATED ANNUAL REPORT 2025 ACCOUNTABILITY | NOTES TO THE FINANCIAL STATEMENTS 43. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONTINUED) (c) Liquidity risk (continued) As at 31 January 2025, the Group has cash and bank balances of RM2,679 million (2024: RM3,063 million). The Group’s total undrawn debt facilities amounted to RM3,215 million (2024: RM1,233 million), which comprises a project financing term loan facility of RM2,991 million (2024: RM1,127 million) and revolving credit facilities of RM224 million (2024: RM106 million). In addition, the Group has available room for additional equity funding totalling RM5,630 million through the following: • Perpetual securities programmes of RM1,230 million (2024: RM1,964 million); and • Future issuances of redeemable convertible preference shares and warrants of USD1.0 billion (RM4.4 billion) with the option to upsize by an additional USD0.5 billion (RM2.2 billion) under the terms of a conditional subscription agreement between Yinson Production Offshore Holdings Ltd, an indirectly wholly-owned subsidiary of the Company, and a consortium of international investors that was executed on 14 January 2025. These debt facilities and available equity funding are secured primarily to finance the Group’s ongoing and new FPSO projects, and expansion in the Renewables and Green Technologies businesses. With the continued availability of these debt facilities and available equity funding required for the Group to support their current level of operations, the Group expects that it has sufficient liquidity to meet its liabilities for at least 12 months from balance sheet date. 44. SEGMENT INFORMATION Operating segments For management purposes, the Group is organised into business units based on their services, and has the following reportable operating segments as follows: (i) Offshore Production & Offshore Marine - This segment consists of Engineering, Procurement, Construction, Installation and Commissioning (“EPCIC”) business activities and FPSO operations covering leasing of vessels and marine related services. (ii) Other Operations - This segment comprises investment holding, management services, treasury services and advisory, investment, asset management and insurance-related services. (iii) Renewables - This segment consists of owning and operation renewable energy generation assets. (iv) Green Technologies - This segment consists of investment in strategic green technology companies and development of assets within the marine, mobility and energy segments (including marine transport, urban mobility, micromobility and charging infrastructure). Management monitors the operating results of its business units separately for the purpose of making decisions about resource allocation and performance assessment. Segment performance is evaluated based on operating profit or loss which, in certain aspects as explained in the table below, is measured differently from operating profit or loss in the consolidated financial statements. Group financing (including finance costs) and income taxes are managed on a group basis and are not allocated to operating segments.
RkJQdWJsaXNoZXIy NDgzMzc=