MSM Malaysia Holdings Berhad Annual Report 2020

4 FINANCIAL RISK MANAGEMENT (CONTINUED) (a) Financial risk management policies (continued) Liquidity risk (continued) The table below analyses the Group’s non-derivative financial liabilities into relevant maturity groupings based on the remaining maturity periods at the reporting date to the contractual maturity dates. Derivative financial liabilities are included in the analysis if their contractual maturities are essential for an understanding of the timing of the cash flows. The table below summaries the maturity profile of the Group’s and Company’s financial liabilities based on the remaining maturity periods at the statement of financial position date. The amounts disclosed in the table are based on contractual undiscounted cash flows. Less than Between 1 Between 2 Over Group 1 year and 2 years and 5 years 5 years Total RM’000 RM’000 RM’000 RM’000 RM’000 At 31 December 2020 Payables 157,091 - - - 157,091 Loan due to a related company 47,152 - - - 47,152 Amounts due to other related companies 1,643 - - - 1,643 Amount due to ultimate holding body 221 - - - 221 Amount due to immediate holding company 12,503 - - - 12,503 Borrowings 411,601 70,346 253,014 278,512 1,013,473 Lease liabilities 1,187 944 618 5,961 8,710 Total undiscounted financial liabilities 631,398 71,290 253,632 284,473 1,240,793 At 31 December 2019 Payables 129,457 - - - 129,457 Loan due to a related company 70,431 - - - 70,431 Amounts due to other related companies 2,059 - - - 2,059 Amount due to ultimate holding body 50 - - - 50 Amount due to immediate holding company 14,246 - - - 14,246 Borrowings 477,789 66,787 259,161 423,857 1,227,594 Lease liabilities 1,210 1,052 1,243 5,961 9,466 Total undiscounted financial liabilities 695,242 67,839 260,404 429,818 1,453,303 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 170 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020 CHAIRMAN’S STATEMENT DELIVERING VALUE MSM OVERVIEW MANAGEMENT DISCUSSION & ANALYSIS GROUP FINANCIAL REPORT