Press Metal Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS Cont’d 9. Other investments Group 2022 2021 RM’000 RM’000 Non-current Unquoted shares Fair value through profit or loss 1,803 1,803 10. Derivative financial assets/(liabilities) Nominal value Assets Liabilities RM’000 RM’000 RM’000 Group 2022 Non-current Commodity swaps and options 1,065,941 40,496 (7,570) Forward exchange contracts 11,552,613 318,187 (2,524) Cross currency swaps 2,300,000 32,426 (2,120) 14,918,554 391,109 (12,214) Current Commodity swaps and options 4,991,977 85,249 (151,854) Forward exchange contracts 3,302,504 39,149 (39,358) Cross currency swaps 250,000 - (11,531) 8,544,481 124,398 (202,743) Derivatives held for trading at fair value through profit or loss 146,079 3,183 (343) Derivatives used for hedging 23,316,956 512,324 (214,614) 23,463,035 515,507 (214,957) 2021 Non-current Commodity swaps and options 3,187,479 - (387,067) Forward exchange contracts 10,285,641 70,803 (1,000) Cross currency swaps 2,800,000 14,887 (5,771) 16,273,120 85,690 (393,838) Current Commodity swaps and options 5,197,822 101 (521,512) Forward exchange contracts 2,866,899 16,628 (5,889) 8,064,721 16,729 (527,401) Derivatives held for trading at fair value through profit or loss 23,054 101 (94) Derivatives used for hedging 24,314,787 102,318 (921,145) 24,337,841 102,419 (921,239) ANNUAL REPORT 2022 252

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