DESTINI Annual Report 2020

On demand within 1 year 1-2 years 2-5 years > 5 years Total contractual cashflows Total carrying amount RM RM RM RM RM RM Group 2020 Non-derivative financial liabilities Trade payables 110,219,207 - - - 110,219,207 110,219,207 Other payables 79,359,394 - - - 79,359,394 79,359,394 Lease liabilities 5,769,829 6,697,968 413,261 83,033 12,964,091 12,823,746 Bank borrowings 86,050,539 12,391,373 10,581,401 54,775 109,078,088 105,270,911 Redeemable preference shares 1,427,487 - - - 1,427,487 1,427,487 282,826,456 19,089,341 10,994,662 137,808 313,048,267 309,100,745 38. Financial Instruments (Cont’d) (c) Financial risk management objectives and policies (Cont’d) (ii) Liquidity risk (Cont’d) The following table analyses the remaining contractual maturity for financial liabilities. The tables have been drawn up based on the undiscounted cash flows of financial liabilities based on the earliest date on which the Group and the Company can be required to pay. ANNUAL REPORT 2020 DESTINI BERHAD Notes to Financial Statements 183