GHL System Berhad Annual Report 2019

G H L S Y S T E M S B E R H A D 1 9 9 4 0 1 0 0 7 3 6 1 ( 2 9 3 0 4 0 - D ) 112 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 CONT’D 13. RIGHT-OF-USE ASSETS AND LEASE LIABILITIES (cont’d) (g) The currency exposure profiles of lease liabilities are as follows: Group Company 2019 2018 2019 2018 RM RM RM RM Ringgit Malaysia (“RM”) 4,179,649 - 270,265 - Philippines Peso (“PHP”) 10,401,079 - - - Thai Baht (“THB”) 728,172 - - - 15,308,900 - 270,265 - (h) The following table demonstrates the sensitivity analysis of the Group and of the Company to a reasonably possible change in PHP and THB, against the respective functional currencies of the Group entities, with all other variables held constant: Group Company 2019 2018 2019 2018 RM RM RM RM Profit after tax PHP/RM - strengthen by 10% (2018: 10%) 790,482 - - - PHP/RM - weaken by 10% (2018: 10%) (790,482) - - - THB/RM - strengthen by 10% (2018: 10%) 55,341 - - - THB/RM - weaken by 10% (2018: 10%) (55,341) - - - (i) The table below summarises the maturity profile of the lease liabilities of the Group and of the Company at the end of the reporting period based on contractual undiscounted repayment obligations as follows: Group Company 2019 2019 RM RM Lease liabilities On demand or within one year 7,849,810 135,120 One to five years 8,886,946 146,680 Over five years 1,160 1,160 16,737,916 282,960