MSM Malaysia Holdings Berhad Annual Report 2019

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 9 OTHER GAINS/(LOSSES) – NET – CONTINUING OPERATIONS Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Unrealised fair value gains/(losses) - net - Sugar futures contract 2,388 - - - - Sugar commodity options - (630) - - - Foreign currency exchange forward contracts 68 - - - 2,456 (630) - - Realised fair value (losses)/gains - net - Foreign currency exchange forward contracts (133) 890 - - - Sugar futures contract 2,676 (3,147) - - 4,999 (2,887) - - 10 FINANCE INCOME AND COSTS – CONTINUING OPERATIONS Group Company 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 (Restated) (Restated) Finance income: Interest income 4,032 4,057 - - Finance costs: Interest on: - bankers’ acceptances (17,293) (19,481) - - - term loans* (69,178) (39,831) (69,178) (39,831) - loan due to a related company (3,012) (1,889) (1,109) - - loan due to a subsidiary - - (3,440) (3,734) - lease liabilities (315) (363) (117) (157) (89,798) (61,564) (73,844) (43,722) Amount capitalised on qualifying assets - property, plant and equipment (Note 17) 7,670 23,056 - - (82,128) (38,508) (73,844) (43,722) * Term loan finance costs for the Group and Company includes loan modification costs of RM26,818,000 (2018: nil). MSM Malaysia Holdings Berhad | Annual Report 2019 160