MSM Malaysia Holdings Berhad Annual Report 2020

39 FINANCIAL INSTRUMENTS The analysis of classification of financial instruments are as follows: Fair value through Amortised cost profit or loss Group 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 As at 31 December Financial assets Current assets Receivables (excluding prepayments, GST receivables and advance payments) 223,175 283,859 - - Amount due from immediate holding company 1,461 1,443 - - Amounts due from other related companies 465 6,846 - - Derivative financial assets - - - 2,466 Cash and cash equivalents 195,921 170,536 - - Total financial assets 421,022 462,684 - 2,466 Liabilities at Liabilities at fair value amortised cost through profit or loss Group 2020 2019 2020 2019 RM’000 RM’000 RM’000 RM’000 Financial liabilities Non-current liabilities Borrowings 518,636 605,153 - - Lease liabilities 3,772 4,469 - - Derivatives financial liabilities - - 10,163 4,968 522,408 609,622 10,163 4,968 Current liabilities Payables (excluding GST payables) 157,091 129,457 - - Amount due to immediate holding company 12,503 14,246 - - Amounts due to other related companies 1,643 2,059 - - Amount due to ultimate holding body 221 50 - - Loan due to a related company 47,152 70,431 - - Borrowings 388,464 439,631 - - Lease liabilities 1,170 1,187 - - Derivative financial liabilities - - 929 10 608,244 657,061 929 10 Total financial liabilities 1,130,652 1,266,683 11,092 4,978 MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 222 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