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 ) 154 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 CONT’D 25. BORROWINGS (cont’d) (g) The currency exposure profile of borrowings are as follows: Group Company 2019 2018 2019 2018 RM RM RM RM Ringgit Malaysia (“RM”) 25,427,876 21,205,813 - 229,981 Philippines Peso (“PHP”) 776,343 8,638,708 - - Thai Baht (“THB”) - 4,823,340 - - 26,204,219 34,667,861 - 229,981 (h) The following table demonstrates the sensitivity analysis of the Group and of the Company to a reasonably possible change in the PHP and THB exchange rates 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%) (59,002) (656,542) - - PHP/RM - weaken by 10% (2018: 10%) 59,002 656,542 - - THB/RM - strengthen by 10% (2018: 10%) - (366,574) - - THB/RM - weaken by 10% (2018: 10%) - 366,574 - - (i) The maturity of the term loans is as follows: Group Company 2019 2018 2019 2018 RM RM RM RM Not later than 1 year 6,080,446 11,408,396 - - Later than 1 year and not later than 2 years 6,477,614 5,583,046 - - Later than 2 years and not later than 3 years 4,470,111 4,747,869 - - Later than 3 years and not later than 4 years 4,035,005 35,660 - - Later than 4 years and not later than 5 years 2,144,982 37,661 - - More than 5 years 2,496,061 289,884 - - 25,704,219 22,102,516 - -