PRG Holdings Berhad Annual Report 2018

33. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (continued) (iii) Liquidity and cash flow risks The Group actively manages its debt maturity profile, operating cash flows and the availability of funding so as to ensure that all operating, investing and financing needs are met. In liquidity risk management strategy, the Group measures and forecasts its cash commitments and maintains a level of cash and cash equivalents deemed adequate to finance the Group’s activities. Analysis of financial instruments by remaining contractual maturities The table below summarises the maturity profile of the Group’s and the Company’s liabilities at the end of the reporting period based on contractual undiscounted repayment obligations. On demand or within One to five Over five one year years years Total RM’000 RM’000 RM’000 RM’000 Group As at 31 December 2018 Financial liabilities Trade and other payables 150,385 3,339 - 153,724 Borrowings 28,748 8,380 13,440 50,568 Total undiscounted financial liabilities 179,133 11,719 13,440 204,292 As at 31 December 2017 Financial liabilities Trade and other payables 150,796 9,556 - 160,352 Borrowings 9,385 11,260 18,264 38,909 Total undiscounted financial liabilities 160,181 20,816 18,264 199,261 Company As at 31 December 2018 Financial liabilities Other payables 4,617 - - 4,617 Borrowings 15,858 - - 15,858 Total undiscounted financial liabilities 20,475 - - 20,475 As at 31 December 2017 Financial liabilities Other payables 119 - - 119 Total undiscounted financial liabilities 119 - - 119 161 PRG HOLD I NGS BERHAD notes to the financial statements 31 December 2018 (continued)