ENRA Group Berhad Annual Report 2020

ENRA Group Berhad - Annual Report 2020 139 NOTES TO THE FINANCIAL STATEMENTS 31 March 2020 41. 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: 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 Group At 31 March 2020 Fixed rates Fixed deposits with licensed banks and short term funds 16 1.15 36,273 - - - - - 36,273 Term loans 25 6.42 30,296 27,802 399 508 3,013 1,296 63,314 RCPS liability 19 7.64 - - 828 5,178 - - 6,006 Lease liabilities 5 12.38 1,074 755 237 146 1,584 - 3,796 Floating rates Other borrowings 26 4.20 38,828 - - - - - 38,828 Bank overdrafts 24 - - - - - - - - At 31 March 2019 Fixed rates Fixed deposits with licensed banks and short term funds 16 2.99 20,840 - - - - - 20,840 Term loans 25 10.20 9,778 - - - - - 9,778 RCPS liability 19 7.64 - - - 763 4,817 - 5,580 Lease liabilities 5 12.78 27,901 28,387 28,845 2,143 49 - 87,325 Floating rates Other borrowings 26 4.03 5,466 - - - - - 5,466 Bank overdrafts 24 7.85 683 - - - - - 683