MISC Integrated Annual Report 2020

20. OTHER FINANCIAL ASSETS AND FINANCIAL LIABILITIES (CONT’D.) (c) Interest-bearing loans and borrowings (cont’d.) Group Term Revolving Lease Loans Credits Liabilities Total RM’000 RM’000 RM’000 RM’000 At 1 January 2019 10,099,715 2,950,191 987,881 14,037,787 Drawdown/additions 5,388,187 187,111 178,866 5,754,164 Repayment (5,992,531) (1,500) (489,946) (6,483,977) Amortisation of upfront fees 12,496 7,963 – 20,459 Transaction cost paid (1,919) – – (1,919) Accretion of interest (Note 10(b)) – – 42,112 42,112 Termination of lease contract – – (75,465) (75,465) The effect of changes in foreign exchange rates (101,611) (34,043) (5,334) (140,988) At 31 December 2019 9,404,337 3,109,722 638,114 13,152,173 Corporation Loans from Revolving Lease subsidiaries Credits Liabilities Total RM’000 RM’000 RM’000 RM’000 At 1 January 2019 5,533,954 763,416 54,581 6,351,951 Drawdown/additions 859,944 – 2,429 862,373 Repayment (2,093,029) – (15,051) (2,108,080) Liquidation of a subsidiary (Note 17) (3,438,308) – – (3,438,308) Accretion of interest (Note 10(b)) – – 1,763 1,763 The effect of changes in foreign exchange rates (11,552) (8,288) 61 (19,779) At 31 December 2019 851,009 755,128 43,783 1,649,920 20. OTHER FINANCIAL ASSETS AND FINANCIAL LIABILITIES (CONT’D.) (c) Interest-bearing loans and borrowings (cont’d.) The following tables set out the carrying amounts of liabilities as at the reporting date and the remaining maturities of the Group’s and the Corporation’s financial instruments: More than More than More than More than 1 year 2 years 3 years 4 years More Within and within and within and within and within than 1 year 2 years 3 years 4 years 5 years 5 years Total At 31 December 2020 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group Fixed rate Term loans 1,070,032 1,652,809 980,424 1,024,157 1,039,984 4,596,254 10,363,660 Lease liabilities 184,601 106,504 28,661 6,264 6,053 17,150 349,233 1,254,633 1,759,313 1,009,085 1,030,421 1,046,037 4,613,404 10,712,893 Floating rate Term loans 408,467 204,856 217,493 225,423 388,273 647,820 2,092,332 Revolving credits 342,423 292,738 – – – – 635,161 750,890 497,594 217,493 225,423 388,273 647,820 2,727,493 Total borrowings 2,005,523 2,256,907 1,226,578 1,255,844 1,434,310 5,261,224 13,440,386 Corporation Fixed rate Loans from subsidiaries 167,548 – – – – – 167,548 Lease liabilities 14,384 14,896 547 94 – – 29,921 181,932 14,896 547 94 – – 197,469 Floating rate Revolving credits 342,423 – – – – – 342,423 Loans from subsidiaries 59,323 625,522 – – – – 684,845 401,746 625,522 – – – – 1,027,268 Total borrowings 583,678 640,418 547 94 – – 1,224,737 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 10 406 10 407 /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// /// Leadership / Governance / Financial Statements / Additional Information / Annual General Meeting ////// Section Section MISC Berhad / Integrated Annual Report 2020 MISC Berhad / Integrated Annual Report 2020