Sasbadi Annual Report 2021

108 SASBADI HOLDINGS BERHAD FINANCIAL STATEMENTS (continued) 108 19. LOANS AND BORROWINGS (continued) (g) The contractual interest/profit rates and interest profile of the loans and borrowings are as follows: Group 2021 2020 % % Hire purchase Fixed rates 2.32 - 2.53 2.32 - 2.53 Term loans Floating rates 3.92 - 5.67 3.92 - 5.67 Bank overdrafts Floating rates 5.67 - 7.90 5.67 - 7.90 Bankers’ acceptances Fixed rates 3.14 - 3.48 3.33 - 3.87 The exposure to interest rate risk of the Group is not significant and therefore, sensitivity analysis is not presented. (h) Maturity profile based on contractual undiscounted repayment obligations The maturity profile of loans and borrowings at the end of the reporting period based on contractual undiscounted repayment obligations is summarised in the table below: Group On demand or within one year One to five years Over five years Total RM’000 RM’000 RM’000 RM’000 As at 31 August 2021 Hire purchase 44 70 - 114 Term loans 4,701 2,659 - 7,360 Bank overdrafts 8,776 - - 8,776 Bankers’ acceptances 2,009 - - 2,009 15,530 2,729 - 18,259 As at 31 August 2020 Hire purchase 44 112 - 156 Term loans 5,139 8,380 2,416 15,935 Bank overdrafts 18,094 - - 18,094 Bankers’ acceptances 4,923 - - 4,923 28,200 8,492 2,416 39,108 20. TRADE AND OTHER PAYABLES Group Company 2021 2020 2021 2020 RM’000 RM’000 RM’000 RM’000 Trade Trade payables 3,362 2,661 - -