MSM Malaysia Holdings Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 4 FINANCIAL RISK MANAGEMENT (CONTINUED) (a) Financial risk management policies (continued) Liquidity risk (continued) Less than Between 1 Between 2 Over Company 1 year and 2 years and 5 years 5 years Total RM’000 RM’000 RM’000 RM’000 RM’000 At 31 December 2019 Payables 2,155 - - - 2,155 Amounts due to subsidiaries 680 - - - 680 Amounts due to other related companies 61 - - - 61 Amount due to ultimate holding company 5,852 - - - 5,852 Loan due to a subsidiary 94,758 - - - 94,758 Loan due to a related company 37,116 - - - 37,116 Borrowings 136,633 66,787 259,161 423,857 886,438 Lease liabilities 750 750 625 - 2,125 Total undiscounted financial liabilities 278,005 67,537 259,786 423,857 1,029,185 At 31 December 2018 Payables 2,778 32 - - 2,810 Amounts due to subsidiaries 343 - - - 343 Amounts due to other related companies 140 - - - 140 Amount due to ultimate holding company 4,678 - - - 4,678 Loan due to a subsidiary 72,394 - - - 72,394 Borrowings 355,155 152,702 420,296 49,559 977,712 Lease liability 907 750 1,375 - 3,032 Total undiscounted financial liabilities 436,395 153,484 421,671 49,559 1,061,109 153 FINANCIAL STATEMENTS 08