MISC Annual Report 2019

19. OTHER FINANCIAL ASSETS AND FINANCIAL LIABILITIES (CONT’D.) (c) Interest-bearing loans and borrowings (cont’d.) Group Term Revolving Loans Credits Total RM’000 RM’000 RM’000 At 1 January 2018 10,726,148 937,745 11,663,893 Drawdown 2,575,438 2,866,251 5,441,689 Repayment (3,413,483) (931,911) (4,345,394) Amortisation of upfront fees 10,653 – 10,653 The effect of changes in foreign exchange rates 200,959 78,106 279,065 At 31 December 2018 10,099,715 2,950,191 13,049,906 Corporation Loans from Revolving subsidiaries Credits Total RM’000 RM’000 RM’000 At 1 January 2018 7,102,782 121,785 7,224,567 Drawdown 1,169,933 743,109 1,913,042 Repayment (2,846,237) (121,028) (2,967,265) Amortisation of upfront fees 6,121 – 6,121 The effect of changes in foreign exchange rates 101,355 19,550 120,905 At 31 December 2018 5,533,954 763,416 6,297,370 19. OTHER FINANCIAL ASSETS AND FINANCIAL LIABILITIES (CONT’D.) (c) Interest-bearing loans and borrowings (cont’d.) The following tables set out the carrying amounts of liabilities as at the reporting date and the remaining maturities of the Group’s and the Corporation’s financial instruments: More than More than More than More than 1 year 2 years 3 years 4 years Within and within and within and within and within More than 1 year 2 years 3 years 4 years 5 years 5 years Total At 31 December 2019 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Group Fixed rate Term loans 750,408 789,246 1,364,861 678,489 720,761 3,456,357 7,760,122 Lease liabilities 314,148 189,740 67,914 36,554 6,382 23,376 638,114 1,064,556 978,986 1,432,775 715,043 727,143 3,479,733 8,398,236 Floating rate Term loans 1,425,203 219,012 – – – – 1,644,215 Revolving credits 3,109,722 – – – – – 3,109,722 4,534,925 219,012 – – – – 4,753,937 Total borrowings 5,599,481 1,197,998 1,432,775 715,043 727,143 3,479,733 13,152,173 Corporation Fixed rate Loans from subsidiaries 113,099 – – – – – 113,099 Lease liabilities 13,875 14,367 14,878 528 135 – 43,783 126,974 14,367 14,878 528 135 – 156,882 Floating rate Revolving credits 755,128 – – – – – 755,128 Loans from subsidiaries 737,910 – – – – – 737,910 1,493,038 – – – – – 1,493,038 Total borrowings 1,620,012 14,367 14,878 528 135 – 1,649,920 NOTES TO THE FINANCIAL STATEMENTS 31 December 2019 NOTES TO THE FINANCIAL STATEMENTS 31 December 2019 FINANCIAL STATEMENTS MISC BERHAD PEOPLE. PASSION. POSSIBILITIES ANNUAL REPORT 2019 318 319