34. Financial risk management objectives and policies (cont’d.)
(ii) Liquidity risk
Liquidity risk is the risk that the Group or the Company will encounter difficulty in meeting financial
obligations due to insufficient funds. The Group’s and the Company’s exposure to liquidity risk arises
primarily from mismatches of the maturities of financial assets and liabilities.
The Group practises prudent liquidity risk management by maintaining availability of funding through
adequate amount of committed credit facilities.
Analysis of financial instruments by remaining contractual maturities
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.
On demand
or within
Two to
Over
one year
five years
five years
Total
RM’000
RM’000
RM’000
RM’000
Group
At 31 December 2015
Financial liabilities:
Trade and other payables
118,067
-
-
118,067
Loans and borrowings
830,751
116,406
25,738
972,895
Total undiscounted financial liabilities
948,818
116,406
25,738 1,090,962
At 31 December 2014
Financial liabilities:
Trade and other payables
80,595
-
-
80,595
Loans and borrowings
728,389
121,863
52,981
903,233
Total undiscounted financial liabilities
808,984
121,863
52,981
983,828
an n ual repo rt 2015
125
