FORGING AHEAD - Tradewinds Plantation Berhad

37. FINANCIAL RISk MANAGEMENT OBJECTIVES AND POLICIES (continued)
(i) Interest rate risk (continued)
Effective interest rates and repricing analysis (continued)
The following tables set out the carrying amounts, the weighted average effective interest rates as at the end of the
reporting period and the remaining maturities of the Group’s and the Company’s financial instruments that are exposed
to interest rate risk: (continued)
Weighted
average
effective Within 1 - 2 2 - 3 3 - 4 4 - 5 More than
interest rate 1 year years years years years 5 years Total
Company Note (per annum) RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000
%
At 31 December 2010
Fixed rates
Deposits with licensed banks 16 2.72 58,000 - - - - - 58,000
Amount owing to a subsidiary 20 4.97 - (128,116) (30,000) (30,000) (45,000) (10,159) (243,275)
ICULS (liability component) 24 3.00 (3,553) (3,766) (3,992) (4,232) (4,485) (755) (20,783)
Amount owing to a subsidiary 27 4.95 (35,000) - - - - - (35,000)
Floating rates
Amounts owing by subsidiaries 15 5.50 604,863 - - - - - 604,863
Amounts owing to subsidiaries 27 2.75 (447,497) - - - - - (447,497)
Revolving credits 22 3.82 (225,000) - - - - - (225,000)
At 31 December 2009
FINANCIAL STATEMENTS
Fixed rates
Deposits with licensed banks 16 1.92 46,500 - - - - - 46,500
Amount owing to a subsidiary 20 5.22 - (35,000) (30,000) (30,000) (30,000) (54,553) (179,553)
ICULS (liability component) 24 3.00 (3,352) (3,553) (3,766) (3,992) (4,232) (5,240) (24,135)
Amount owing to a subsidiary 27 4.85 (25,000) - - - - - (25,000)
Floating rates
Amounts owing by subsidiaries 15 5.49 532,098 - - - - - 532,098
Amounts owing to subsidiaries 27 2.44 (395,780) - - - - - (395,780)
Revolving credits 22 3.47 (245,000) - - - - - (245,000)
TRADEWINDS PLANTATION BERHAD
Annual Report 2010
207