34. Financial risk management objectives and policies (cont’d.)
(ii) Liquidity risk (cont’d.)
Analysis of financial instruments by remaining contractual maturities (cont’d.)
On demand
or within
Two to
Over
one year
five years
five years
Total
RM’000
RM’000
RM’000
RM’000
Company
At 31 December 2015
Financial liabilities:
Trade and other payables
126,074
-
-
126,074
Loans and borrowings
767,285
-
-
767,285
Total undiscounted financial liabilities
893,359
-
-
893,359
At 31 December 2014
Financial liabilities:
Trade and other payables
67,379
3,500
-
70,879
Loans and borrowings
688,975
-
-
688,975
Total undiscounted financial liabilities
756,354
3,500
-
759,854
(iii) Foreign currency risk
Foreign currency risk is the risk that the fair value or future cash flows of a financial instrument will
fluctuate because of changes in foreign exchange rates.
The Group operates in Malaysia and is exposed to foreign currency risk, arising from a USD denominated
loan of USD12.7 million (2014: USD12.7 million). The loan is being closely monitored by management.
Foreign exchange exposures are kept to an acceptable level.
n otes to th e f i nan c i a l statements
Bo ustead plantati o ns Berhad
126
