My EG Services Berhad Annual Report 2021

ANNUAL REPORT 2021 233 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS ʹˢ˥ ˧˛˘ Ѓˡ˔ˡ˖˜˔˟ ˬ˘˔˥ ˘ˡ˗˘˗ ʦʤ ʷ˘˖˘ˠ˕˘˥ ʥʣʥʤ (CONT’D) 48. FINANCIAL INSTRUMENTS (CONT’D) 48.1 FINANCIAL RISK MANAGEMENT POLICIES (cont’d) (a) Market Risk (cont’d) (i) Foreign Currency Risk (cont’d) Foreign Currency Exposure (cont’d) Singapore Dollar Ringgit Malaysia Total RM’000 RM’000 RM’000 The Company 2021 Financial Assets Trade receivables - 2,128 2,128 Other receivables - 15,274 15,274 Amount owing by subsidiaries - 843,351 843,351 Fixed deposits with licensed banks - 8,030 8,030 Cash and bank balances 129 31,864 31,993 129 900,647 900,776 Financial Liabilities Trade payables - 3,813 3,813 Other payables and accruals - 16,194 16,194 Amount owing to subsidiaries - 997 997 Lease liabilities - 313 313 Term loans - 106,307 106,307 Revolving credit - 20,000 20,000 - 147,624 147,624 Net financial assets 129 753,023 753,152 Less: Net financial assets denominated in the respective entities’ functional currencies - (753,023) (753,023) Currency exposure 129 - 129

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