ENRA Group Berhad Annual Report 2020

ENRA Group Berhad - Annual Report 2020 141 NOTES TO THE FINANCIAL STATEMENTS 31 March 2020 41. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (Cont’d) iii. Liquidity and cash flow risks The Group actively manages its debt maturity profile, operating cash flows and the availability of funding so as to ensure that all operating, investing and financing needs are met. In its liquidity risk management strategy, the Group measures and forecasts its cash commitments and maintains a level of cash and cash equivalents deemed adequate to finance the activities of the Group. The Group actively manages its operating cash flow to ensure all commitments and funding needs are met. Prudent liquidity risk management implies maintaining sufficient cash and marketable securities, the availability of funding through an adequate amount of committed credit facilities and the ability to close out market positions. Analysis of financial instruments by remaining contractual maturities The table below summarises the maturity profile of the liabilities of the Group and of the Company at the end of the reporting period based on contractual undiscounted repayment obligations. On demand or within one year RM’000 One to five years RM’000 Over five years RM’000 Total RM’000 2020 Group Financial liabilities Trade and other payables 45,819 10,788 - 56,607 RCPS liability - 8,096 - 8,096 Lease liabilities 1,437 2,722 - 4,159 Borrowings 73,264 33,227 1,361 107,852 Total undiscounted financial liabilities 120,520 54,833 1,361 176,714 Company Financial liabilities Trade and other payables 6,058 - - 6,058 Lease liabilities 292 46 - 338 Borrowings 9,106 - - 9,106 Total undiscounted financial liabilities 15,456 46 - 15,502