38. FINANCIAL INSTRUMENTS Classification of financial instruments Financial assets and financial liabilities are measured on an ongoing basis either at fair value or at amortised cost. The principal accounting policies of the Group and of the Company described how the class of financial instruments are measured, and how income and expenses, including fair value gains and losses are recognised. The following table analysed the financial assets and financial liabilities in the statements of financial position by the class of financial instrument to which they are assigned, and therefore by the measurement basis. Financial Fair value Financial assets at through liabilities at amortised profit or amortised cost loss cost Total RM’000 RM’000 RM’000 RM’000 Group 31 December 2021 Assets Other investments – 167,587 – 167,587 Trade and other receivables - Non-current 5,223 – – 5,223 - Current (excluding prepayments) 477,892 – – 477,892 Cash and bank balances 638,603 – – 638,603 Total financial assets 1,121,718 167,587 – 1,289,305 Total non-financial assets 11,006,436 Total assets 12,295,741 Liabilities Borrowings - Non-current – – 3,371,167 3,371,167 - Current – – 544,636 544,636 Trade and other payables - Non-current – – 516,818 516,818 - Current – – 1,000,254 1,000,254 Lease liabilities - Non-current – – 5,609 5,609 - Current – – 3,224 3,224 ICPS - Non-current – – 164,193 164,193 - Current – – 9,814 9,814 Total financial liabilities – – 5,615,715 5,615,715 Total non-financial liabilities 695,909 Total liabilities 6,311,624 38. FINANCIAL INSTRUMENTS (CONT’D.) Classification of financial instruments (cont’d.) Financial Fair value Financial assets at through liabilities at amortised profit or amortised cost loss cost Total RM’000 RM’000 RM’000 RM’000 Group 31 December 2020 Assets Other investments – 151,861 – 151,861 Trade and other receivables - Non-current 18,072 – – 18,072 - Current (excluding prepayments) 513,543 – – 513,543 Cash and bank balances 621,892 – – 621,892 Total financial assets 1,153,507 151,861 – 1,305,368 Total non-financial assets 10,496,363 Total assets 11,801,731 Liabilities Borrowings - Non-current – – 3,078,042 3,078,042 - Current – – 518,729 518,729 Trade and other payables - Non-current – – 461,952 461,952 - Current – – 1,057,505 1,057,505 Lease liabilities - Non-current – – 6,126 6,126 - Current – – 2,573 2,573 ICPS - Non-current – – 174,007 174,007 - Current – – 3,593 3,593 Total financial liabilities – – 5,302,527 5,302,527 Total non-financial liabilities 739,898 Total liabilities 6,042,425 FINANCIAL STATEMENTS NOTES TO THE For the financial year ended 31 December 2021 Annual Report 2021 TROPICANA CORPORATION BERHAD FINANCIAL STATEMENTS AND OTHER INFORMATION 332 333
RkJQdWJsaXNoZXIy NDgzMzc=