GHL System Berhad Annual Report 2018

a n n u a l r e p o r t 2 0 1 8 133 NOT ES TO THE F I NANC I A L STAT EMENTS 3 1 D e c e m b e r 2 0 1 8 C O N T ’ D 25. BORROWINGS (cont’d) (l) The maturity of profile of borrowings at the end of the reporting period based on contractual undiscounted repayment obligations is summarised in the table below: On demand or within one year One to five years Over five years Total RM RM RM RM Group As at 31 December 2018 Borrowings/Total undiscounted financial liabilities 18,443,107 16,818,876 289,884 35,551,867 As at 31 December 2017 Borrowings/Total undiscounted financial liabilities 17,101,453 16,971,239 378,053 34,450,745 Company As at 31 December 2018 Borrowings/Total undiscounted financial liabilities 77,280 167,440 - 244,720 As at 31 December 2017 Borrowings/Total undiscounted financial liabilities 77,280 244,720 - 322,000 (m) Reconciliation of liabilities arising from financing activities The table below details changes in the Group’s and Company’s liabilities arising from financing activities, including both cash and non-cash changes. Liabilities arising from financing activities are those for which cash flows were, or future cash flows will be, classified in the statements of cash flows of the Group and of the Company as cash flows from financing activities. Group Company 2018 2017 2018 2017 RM RM RM RM At 1 January 34,186,239 38,123,724 296,639 102,369 Cash flows (3,008,455) (3,722,759) (66,658) (155,730) Non-cash flows: Effect of foreign exchange 107,555 (564,726) - - Acquisition of subsidiaries (Note 15) 2,882,522 - - - Other changes: Purchase of property, plant and equipment (Note 12) 500,000 350,000 - 350,000 At 31 December 34,667,861 34,186,239 229,981 296,639