ENRA Group Berhad Annual Report 2021

FINANCIAL STATEMENTS & OTHERS Annual Report 2021 | ENRA Group Berhad 175 NOTES TO THE FINANCIAL STATEMENTS 31 MARCH 2021 40. 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): Weighted average effective More interest Within 1 - 2 2 - 3 3 - 4 4 - 5 than rate 1 year years years years years 5 years Total Group Note % RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 At 31 March 2020 Fixed rates Fixed deposits with licensed banks and short term funds 16 1.15 36,273 – – – – – 36,273 Term loans 24 6.42 30,296 27,802 399 508 3,013 1,296 63,314 RCPS liability 18 7.64 – – 828 5,178 – – 6,006 Floating rates Other borrowings 25 4.20 38,828 – – – – – 38,828