ENRA Group Berhad Annual Report 2020

ENRA Group Berhad - Annual Report 2020 140 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 (Cont’d): 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 Company At 31 March 2020 Fixed rates Fixed deposits with licensed banks and short term funds 16 0.71 25,254 - - - - - 25,254 Amounts due from subsidiaries 13 11.75 40,871 - - - - - 40,871 Lease liabilities 5 5.27 282 46 - - - - 328 Term loan 25 15.00 5,000 - - - - - 5,000 Floating rates Other borrowings 26 7.41 4,000 - - - - - 4,000 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 5.27 479 378 115 - - - 972 Floating rates Other borrowings 26 7.27 3,000 - - - - - 3,000