Frontken Berhad Annual Report 2019

125 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2019 30. FINANCIAL INSTRUMENTS (CONT’D) (a) Financial Risk Management Policies (Cont’d) (v) Liquidity risk (Cont’d) Maturity analysis (Cont’d) The following table sets out the maturity profile of the financial liabilities at the end of the reporting period based on contractual undiscounted cash flows (including interest payments computed using contractual rates or, if floating, based on the rates at the end of the reporting period):- (Cont’d) Weighted Average Contractual Effective Carrying Undiscounted Interest Rate Amount Cash Flows Within 1 year 1 – 5 years Over 5 years The Group % RM RM RM RM RM 2018 Non- derivative financial liabilities Hire purchase payables 2.80 - 4.54 2,203,530 2,356,236 958,129 1,398,107 - Term loans 1.40 - 3.40 11,447,968 11,760,403 4,082,473 7,677,930 - Trade payables - 18,117,811 18,117,811 18,117,811 - - Other payables and accrued expenses - 61,816,049 61,816,049 61,816,049 - - 93,585,358 94,050,499 84,974,462 9,076,037 - Contractual Carrying Undiscounted Amount Cash Flows Within 1 year The Company RM RM RM 2019 Non-derivative financial liabilities Lease liabilities 97,272 102,120 102,120 Other payables and accrued expenses 3,888,523 3,888,523 3,888,523 Amount owing to subsidiaries - interest-free 3,431,325 3,431,325 3,431,325 Financial guarantee contracts in relation to corporate guarantee given to subsidiaries - 2,103,903 2,103,903 7,417,120 9,525,871 9,525,871 Notes To The Financial Statements (cont’d)