ENRA Group Berhad Annual Report 2019

141 ENRA GROUP BERHAD ∞ Annual Report 2019 page Notes to the Financial Statement 31 March 2019 42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (cont’d) (ii) Interest rate risk (cont’d) The following tables set out the carrying amounts, the weighted average effective interest rates as at the end of reporting period and the remaining maturities of the financial instruments of the Group and of the Company that are exposed to interest rate risk: Group Note Weighted average effective interest rate % Within 1 year RM’000 1 - 2 years RM’000 2 - 3 years RM’000 3 - 4 years RM’000 4 - 5 years RM’000 More than 5 years RM’000 Total RM’000 At 31 March 2019 Fixed rates Fixed deposits with licensed banks and short term funds 16 2.99 20,840 - - - - - 20,840 Hire-purchase and lease creditors 25 7.71 241 180 58 13 13 18 523 Term loans 26 10.20 9,778 - - - - - 9,778 RCPS liability 19 7.64 - - 763 4,817 - - 5,580 Lease liabilities 5 5.27 27,658 28,177 28,781 2,143 43 - 86,802 Floating rates Other borrowings 27 4.03 5,466 - - - - - 5,466 Bank overdrafts 24 7.85 683 - - - - - 683 At 31 March 2018 Fixed rates Fixed deposits with licensed banks and short term funds 16 2.07 27,114 - - - - - 27,114 Hire-purchase and lease creditors 25 6.29 219 227 206 94 50 121 917 RCPS liability 19 8.50 - - - 703 - - 703 Floating rates Bank overdrafts 24 8.50 18,421 - - - - - 18,421 Other borrowings 27 2.55 39,759 - - - - - 39,759 Term loans 26 5.41 14,065 1,200 1,200 300 - - 16,765