MISC Integrated Annual Report 2020

20. OTHER FINANCIAL ASSETS AND FINANCIAL LIABILITIES (CONT’D.) (c) Interest-bearing loans and borrowings (cont’d.) 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 2019 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group Fixed rate Term loans 750,408 789,246 1,364,861 678,489 720,761 3,456,357 7,760,122 Lease liabilities 314,148 189,740 67,914 36,554 6,382 23,376 638,114 1,064,556 978,986 1,432,775 715,043 727,143 3,479,733 8,398,236 Floating rate Term loans 1,425,203 219,012 – – – – 1,644,215 Revolving credits 3,109,722 – – – – – 3,109,722 4,534,925 219,012 – – – – 4,753,937 Total borrowings 5,599,481 1,197,998 1,432,775 715,043 727,143 3,479,733 13,152,173 Corporation Fixed rate Loans from subsidiaries 113,099 – – – – – 113,099 Lease liabilities 13,875 14,367 14,878 528 135 – 43,783 126,974 14,367 14,878 528 135 – 156,882 Floating rate Revolving credits 755,128 – – – – – 755,128 Loans from subsidiaries 737,910 – – – – – 737,910 1,493,038 – – – – – 1,493,038 Total borrowings 1,620,012 14,367 14,878 528 135 – 1,649,920 20. OTHER FINANCIAL ASSETS AND FINANCIAL LIABILITIES (CONT’D.) (d) Finance lease receivables Finance lease receivables represent lease rental and interest receivable due from customers in relation to the lease of ships and offshore floating assets by the Group and the Corporation. The following table sets out maturity analysis of lease receivables, showing undiscounted lease payments to be received after the reporting date. Group Corporation 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Less than 1 year 2,180,922 2,333,665 146,305 149,291 1 to 2 years 2,025,787 2,210,340 146,305 148,884 2 to 3 years 2,042,492 2,066,592 146,305 148,884 3 to 4 years 1,972,797 2,085,346 146,706 148,884 4 to 5 years 1,885,547 2,014,173 146,305 149,291 More than 5 years 10,798,036 11,970,577 739,634 901,552 Total undiscounted lease payments 20,905,581 22,680,693 1,471,560 1,646,786 Unearned interest income (5,804,875) (6,211,906) (469,788) (555,519) Net investment in lease 15,100,706 16,468,787 1,001,772 1,091,267 The following table sets out maturity analysis of the present value of lease receivables, showing the discounted lease payments to be received after the reporting date. Group Corporation 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Less than 1 year 1,282,856 1,387,678 75,514 71,840 1 to 2 years 1,201,506 1,345,722 81,227 76,845 2 to 3 years 1,291,937 1,281,873 87,372 82,659 3 to 4 years 1,301,989 1,377,393 94,406 88,912 4 to 5 years 1,293,091 1,392,280 101,126 96,070 More than 5 years 8,729,327 9,683,841 562,127 674,941 15,100,706 16,468,787 1,001,772 1,091,267 Less: Impairment (Note 22) (63,335) (73,138) (6,512) (7,421) 15,037,371 16,395,649 995,260 1,083,846 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 NOTES TO THE FINANCIAL STATEMENTS 10 408 10 409 /// 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