NOTES TO THE FINANCIAL STATEMENTS
For The Financial Period From 1 January 2014 To 31 March 2015 (Cont’d)
119
Datasonic Group Berhad
(Company No. 809759-X)
45. FINANCIAL INSTRUMENTS (CONT’D)
45.2 CAPITAL RISK MANAGEMENT (CONT’D)
The debt-to-equity ratio of the Group as at the end of the financial period/year was as follows:-
Group
31.3.2015
31.12.2013
RM’000
RM’000
Trade financing
28,813
16,536
Hire purchase payable
108
130
Term financing
15,814
–
Term loans
89,624
134,929
Total borrowings
134,359
151,595
Total equity
222,859
177,937
Debt-to-equity ratio
0.60
0.85
Under the requirement of Bursa Malaysia Practice Note No. 17/2005, the Company is required
to maintain a consolidated shareholders’ equity (total equity attributable to owners of the
Company) equal to or not less than the 25% of the issued and paid-up share capital (excluding
treasury shares) and such shareholders’ equity is not less than RM40 million. The Company has
complied with this requirement.
45.3 CLASSIFICATION OF FINANCIAL INSTRUMENTS
Group
Company
31.3.2015
31.12.2013 31.3.2015
31.12.2013
RM’000
RM’000
RM’000
RM’000
Financial Assets
Available-for-sale financial asset
Other investment
110
110
–
–
Loans and receivables
financial assets
Trade receivables
(1)
77,909
137,532
–
–
Other receivables and deposits
1,018
1,810
123
39
Amount owing by subsidiaries
–
–
94,565
26,021
Deposits with licensed banks
3,965
8,282
74
2,203
Cash and bank balances
45,018
27,142
1,182
2,779
127,910
174,766
95,944
31,042
Financial Liabilities
Other financial liabilities
Trade payables
1,537
17,113
–
–
Other payables and accruals
(2)
3,960
9,707
472
673
Trade financing
28,813
16,536
–
–
Hire purchase payable
108
130
108
130
Term financing
15,814
–
15,814
–
Term loans
89,624
134,929
–
–
139,856
178,415
16,394
803
Notes:
(1)
- The trade receivables exclude accrued income.
(2)
- The other payables and accruals exclude deferred income.
