Yinson Annual Report 2018

Notes to the Financial Statements (Cont’d) For the financial year ended 31 January 2018 42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONTINUED) (c) Liquidity risk (continued) The table below summarises the maturity profile of the Group’s and the Company’s financial liabilities based on contractual undiscounted repayment obligations. On demand or within One to Over five one year five years years Total Group RM’000 RM’000 RM’000 RM’000 31 January 2018 Trade and other payables 331,693 135,604 226,179 693,476 Loans and borrowings 389,518 1,119,159 1,594,199 3,102,876 Derivatives 3,813 42,349 – 46,162 Total undiscounted financial liabilities 725,024 1,297,112 1,820,378 3,842,514 31 January 2017 Trade and other payables 299,767 – – 299,767 Loans and borrowings 225,651 1,143,367 2,112,370 3,481,388 Derivatives 425 102,031 – 102,456 Total undiscounted financial liabilities 525,843 1,245,398 2,112,370 3,883,611 Company 31 January 2018 Trade and other payables 6,350 382,981 – 389,331 Loans and borrowings 22,430 75 – 22,505 Financial guarantee ^ 3,083,337 – – 3,083,337 Total undiscounted financial liabilities 3,112,117 383,056 – 3,495,173 31 January 2017 Trade and other payables 12,132 353,507 – 365,639 Loans and borrowings 44,746 287 – 45,033 Financial guarantee ^ 3,437,971 – – 3,437,971 Total undiscounted financial liabilities 3,494,849 353,794 – 3,848,643 ^ The maximum amount of the financial guarantees issued to the banks for subsidiaries’ borrowings is limited to the amount utilised by the subsidiaries. The earliest period any of the financial guarantees can be called upon by banks is wthin the next 12 months. The Company believes that the liquidity risk in respect of the financial guarantees is minimal as it is unlikely that the subsidiaries will not make payment to the banks when due. 43. SEGMENT INFORMATION For management purposes, the Group is organised into business units based on their products and services, and has the following reportable operating segments as follows: (i) Offshore & Marine - This segment comprises provision of vessels and marine related services. (ii) Other operations - This segment comprises of investment, management services and treasury services. (iii) Discontinued operations - It comprised of the following segments: (a) The transport segment consists of the provision of trucking services. (b) The trading segment consists of trading activities mainly in the construction related materials. (c) Other operations consist of provision of warehouses and rental from investment properties. 180 Yinson Holdings Berhad Annual Report 2018 Accountability