MSM Malaysia Holdings Berhad Annual Report 2020

9 OTHER (LOSSES)/GAINS – NET – CONTINUING OPERATIONS Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Unrealised fair value (losses)/gains-net - Sugar futures contract - 2,388 - - - Foreign currency exchange forward contracts (929) 68 - - (929) 2,456 - - Realised fair value (losses)/gains-net - Foreign currency exchange forward contracts 16 (133) - - - Sugar futures contract (1,903) 2,676 - - (2,816) 4,999 - - 10 FINANCE INCOME AND COSTS – CONTINUING OPERATIONS Group Company 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Finance income: Interest income 3,835 4,032 - - Finance costs: Interest on: - bankers’ acceptances (11,881) (17,293) - - - term loans* (23,374) (69,178) (23,374) (69,178) - loan due to a related company (2,383) (3,012) (1,352) (1,109) - loan due to a subsidiary - - (4,120) (3,440) - lease liabilities (241) (315) (63) (117) (37,879) (89,798) (28,909) (73,844) Amount capitalised on qualifying assets - property, plant and equipment (Notes 17, 36) 1,095 7,670 - - (36,784) (82,128) (28,909) (73,844) * Term loan finance costs for the Group and Company includes loan modification credit of RM11,695,000 (2019: loan modification cost of RM26,818,000). MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 178 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