2020 UEM Edgenta Annual Report

39. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONTD.) d. Interest rate risk (contd.) RM’000 Note WAEIR % Within 1 year 1-2 years 2-5 years > 5 years Total At 31 December 2019 Group Fixed rate Deposits with licensed banks and other financial institutions 23 2.98 158,232 – – – 158,232 ICPs 27 4.16 (50,000) – – – (50,000) IMTNs 27 4.85 (2,090) – (249,750) – (251,840) Lease liabilities 34 4.11 (11,146) (9,727) (8,901) (503) (30,277) Floating rate Murabahah Term Facility 27 4.22 (31,626) (38,109) – – (69,735) Revolving credit 27 2.43 (60,742) – – – (60,742) Term loans 27 5.22 (9,050) (19,652) (33,737) (24,312) (86,751) Company Fixed rate Deposits with licensed banks and other financial institutions 23 3.25 33,542 – – – 33,542 ICPs 27 4.16 (50,000) – – – (50,000) IMTNs 27 4.85 (2,090) – (249,750) – (251,840) Lease liabilities 34 4.05 (8,202) (7,695) (7,593) (63) (23,553) I nterest on financial instruments subject to floating interest rates is contractually repriced at intervals of less than 12 months. Interest on financial instruments at fixed rates are fixed until the maturity of the instruments. The other financial instruments of the Group and of the Company that are not included in the above tables are not subject to interest rate risks. e. Market price risk M arket price risk is the risk that the fair value or future cash flows of the Group’s financial instruments will fluctuate because of changes in market prices (other than interest or exchange rates). The Group is not exposed to equity price risk arising from its investment in quoted equity instruments. UEM EDGENTA BERHAD 294 Financial Statements NOTES TO THE FINANCIAL STATEMENTS For the year ended 31 December 2020