Annual report 2014
151
NOTES TO THE FINANCIAL STATEMENTS
31 December 2014 (continued)
36. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (continued)
(b) Liquidity and cash flow risk
The funding requirements of the Group and of the Company and their liquidity risk are managed with
the objective of meeting business obligations on a timely basis. The Group and the Company monitor
their cash flows and ensure that sufficient funding is in place to meet the obligations as and when they
fall due.
The Group actively manages its debt maturity profile, operating cash flows and availability of funding
so as to ensure that all operating, investing and financing needs are met. In executing its liquidity risk
management strategy, the Group measures and forecasts its cash commitments and maintains a level
of cash and cash equivalents deemed adequate to finance the activities of the Group.
The table below summarises the maturity profile of the liabilities of the Group and of the Company at
the end of each reporting period based on contractual undiscounted repayment obligations.
On demand
or within one
year
One to five
years
Over five
years
Total
As at 31 December 2014
RM
RM
RM
RM
Group
Financial liabilities
Borrowings
29,812,279 11,933,818
-
41,746,097
Trade and other payables
53,604,876
-
-
53,604,876
Total undiscounted financial liabilities
83,417,155 11,933,818
-
95,350,973
Company
Financial liabilities
Borrowings
119,508
224,011
-
343,519
Trade and other payables
4,593,381
-
-
4,593,381
Total undiscounted financial liabilities
4,712,889
224,011
-
4,936,900
On demand
or within one
year
One to five
years
Over five
years
Total
As at 31 December 2013
RM
RM
RM
RM
Group
Financial liabilities
Borrowings
630,533
391,959
-
1,022,492
Trade and other payables
12,129,884
-
-
12,129,884
Total undiscounted financial liabilities
12,760,417
391,959
-
13,152,376
Company
Financial liabilities
Borrowings
146,448
343,520
-
489,968
Trade and other payables
973,847
-
-
973,847
Total undiscounted financial liabilities
1,120,295
343,520
-
1,463,815
