ENRA Group Berhad Annual Report 2019

142 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: (cont’d) Company 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 3.07 14,325 - - - - - 14,325 Amounts due from subsidiaries 13 6.41 60,182 - - - - - 60,182 Lease liabilities 5 5.27 452 349 113 - - - 914 Hire-purchase and lease creditors 25 5.43 27 28 3 - - - 58 Floating rates Other borrowings 27 7.27 3,000 - - - - - 3,000 At 31 March 2018 Fixed rates Fixed deposits with licensed banks and short term funds 16 3.19 2,816 - - - - - 2,816 Amounts due from subsidiaries 13 6.23 77,912 - - - - - 77,912 Lease liabilities 5 5.27 455 453 349 113 - - 1,370 Hire-purchase and lease creditors 25 5.43 25 27 28 3 - - 83 Floating rates Bank overdrafts 24 8.50 18,421 - - - - - 18,421 Term loans 26 6.10 8,319 1,200 1,200 300 - - 11,019 Other borrowings 27 4.56 19,700 - - - - - 19,700