Press Metal Annual Report 2022

NOTES TO THE FINANCIAL STATEMENTS Cont’d 29. Financial instruments cont’d 29.5 Liquidity risk cont’d Maturity analysis The table below summarises the maturity profile of the Group’s financial liabilities as at the end of the reporting period based on undiscounted contractual payments: Group Carrying amount Contractual interest rate/ coupon/ discount rate Contractual cash flows Under 1 year 1 - 2 years 2 - 5 years More than 5 years RM’000 % RM’000 RM’000 RM’000 RM’000 RM’000 2022 Non-derivative financial liabilities Trade and other payables 1,344,432 - 1,344,432 1,344,432 - - - Bank loans 1,730,310 * 1,848,979 806,148 413,510 601,362 27,959 Islamic Medium-Term Notes 2,300,000 2.69 - 4.07 2,640,870 77,305 627,305 1,304,725 631,535 Revolving credits 200,956 4.30 - 4.88 200,956 200,956 - - - Bankers’ acceptances 615,459 3.23 - 6.20 615,459 615,459 - - - Bank overdrafts 7,445 2.90 - 3.80 7,445 7,445 - - - Lease liabilities 239,143 1.80 - 3.98 296,959 35,194 30,563 70,083 161,119 6,437,745 6,955,100 3,086,939 1,071,378 1,976,170 820,613 Derivatives Commodity swaps and options 159,424 - 159,424 151,854 7,570 - - Forward exchange contracts (gross settled): Outflow - - 14,539,663 3,302,713 2,358,267 6,212,777 2,665,906 Inflow (315,454) - (14,855,117) (3,302,504) (2,401,180) (6,373,962) (2,777,471) Cross currency swaps (gross settled): Outflow - - 2,531,225 261,531 551,340 1,140,338 578,016 Inflow (18,775) - (2,550,000) (250,000) (550,000) (1,150,000) (600,000) 6,262,940 6,780,295 3,250,533 1,037,375 1,805,323 687,064 * Represents lenders’ cost of funds ranging from a margin of +1.30% to +6.37% per annum. ANNUAL REPORT 2022 288

RkJQdWJsaXNoZXIy NDgzMzc=