294 NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2023 YINSON HOLDINGS BERHAD | INTEGRATED ANNUAL REPORT 2023 41. Financial risk management objectives and policies (continued) (c) Liquidity risk (continued) The table below summarises the maturity profile of the Group’s and the Company’s financial liabilities based on contractual undiscounted repayment obligations: (continued) Group (continued) On demand or within one year RM million Two to five years RM million Over five years RM million Total RM million 31 January 2022 Trade and other payables 771 245 22 1,038 Loans and borrowings 1,037 7,811 2,392 11,240 Lease liabilities 15 9 - 24 Gross settled interest rate swaps - Receipts (24) (200) (96) (320) - Payments 67 198 83 348 Put option liability 126 - - 126 Total undiscounted financial liabilities 1,992 8,063 2,401 12,456 Company 31 January 2023 Trade and other payables 255 880 - 1,135 Loans and borrowings 78 1,148 - 1,226 Lease liabilities 2 - - 2 Financial guarantee ^ 5,375 - - 5,375 Total undiscounted financial liabilities 5,710 2,028 - 7,738 31 January 2022 Trade and other payables 233 816 - 1,049 Loans and borrowings 60 1,200 - 1,260 Lease liabilities 3 2 - 5 Financial guarantee ^ 3,734 - - 3,734 Total undiscounted financial liabilities 4,030 2,018 - 6,048 ^ The maximum amount of the financial guarantees issued to the banks for subsidiaries’ borrowings is limited to the amount utilised by the subsidiaries. The earliest period any of the financial guarantees can be called upon by banks is within the next 12 months. The Company believes that the liquidity risk in respect of the financial guarantees is minimal as it is unlikely that the subsidiaries will not make payment to the banks when due.
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