Sasbadi Annual Report 2017

NOTES TO THE FINANCIAL STATEMENTS 109 ANNUAL REPORT 2017 12. Loans and borrowings Group 2017 2016 Note RM’000 RM’000 Non-current Finance lease liabilities 12.1 103 123 Term loans - secured 12.2 20,326 9,394 20,429 9,517 Current Bank overdrafts - secured 12.3 12,372 8,592 Bankers’ acceptances - secured 12.4 - 807 Finance lease liabilities 12.1 27 125 Term loans - secured 12.2 3,868 995 16,267 10,519 36,696 20,036 12.1 Finance lease liabilities Finance lease liabilities are payable as follows: Group Future minimum lease payments Interest Present value of minimum lease payments Future minimum lease payments Interest Present value of minimum lease payments 2017 2017 2017 2016 2016 2016 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Less than one year 34 (7) 27 145 (20) 125 Between one and five years 111 (8) 103 133 (20) 113 More than five years - - - 12 (2) 10 145 (15) 130 290 (42) 248 12.2 Term loans The term loans of the Group are secured by charges over the land and buildings (Note 3), investment properties (Note 4), corporate guarantees by the Group and letter of negative pledge.