Download PDF - ChartNexus
Download PDF - ChartNexus
Download PDF - ChartNexus
You also want an ePaper? Increase the reach of your titles
YUMPU automatically turns print PDFs into web optimized ePapers that Google loves.
Notes to the Financial Statements (cont’d)<br />
For the financial year ended 31 December 2011<br />
38. Financial risk management objectives and policies (cont’d)<br />
(c) Liquidity risk (cont’d)<br />
Analysis of financial instruments by remaining contractual maturities (cont’d)<br />
Within 1 to 5<br />
Group Note 1 year<br />
years Total<br />
31 December 2011<br />
Financial assets:<br />
Non-derivative<br />
RM’000 RM’000 RM’000<br />
Trade and other receivables 24 309,030 4,523 313,553<br />
Cash, bank balances and deposits 26 235,697 – 235,697<br />
Total undiscounted financial assets 544,727 4,523 549,250<br />
Financial liabilities:<br />
Non-derivative<br />
Borrowings 28 525,383 38,070 563,453<br />
Interest payable on borrowings 3,665 700 4,365<br />
Trade payables and other payables 29 178,976 – 178,976<br />
Derivative<br />
Foreign currency forward contracts 34 419 – 419<br />
Interest rate swaps 34 – 865 865<br />
Total undiscounted financial liabilities 708,443 39,635 748,078<br />
Total net undiscounted financial liabilities (163,716) (35,112) (198,828)<br />
Group<br />
31 December 2010<br />
Financial assets:<br />
Non-derivative<br />
Trade and other receivables 24 258,768 2,607 261,375<br />
Cash, bank balances and deposits 26 119,244 – 119,244<br />
Derivative<br />
Foreign currency forward contracts 34 1,162 – 1,162<br />
Total undiscounted financial assets 379,174 2,607 381,781<br />
Financial liabilities:<br />
Non-derivative<br />
Borrowings 28 618,648 82,392 701,040<br />
Interest payable on borrowings 4,624 2,355 6,979<br />
Trade and other payables 29 146,175 – 146,175<br />
Derivative<br />
Foreign currency forward contracts 34 1 – 1<br />
Interest rate swaps 34 – 1,375 1,375<br />
Total undiscounted financial liabilities 769,448 86,122 855,570<br />
Total net undiscounted financial liabilities (390,274) (83,515) (473,789)<br />
MALAYSIA SMELTING CORPORATION (43072-A) • ANNUAL REPORT 2011 157