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FINANCIAL REPORTS
180
Bursa Malaysia •
Annual Report 2015
NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2015
36. Financial risk management objectives and policies (cont’d.)
(d) Liquidity risk
Liquidity risk is the risk that an entity will encounter difficulty in meeting its financial obligations due to a shortage of funds.
(i) Liabilities related risk
The Group and the Company maintain sufficient levels of cash and cash equivalents to meet working capital requirements. The Group and
the Company also maintain a reasonable level of banking facilities for contingency operational requirements.
The table below summarises the maturity profile of the Group’s and of the Company’s liabilities at the financial year end based on contractual
undiscounted repayment obligations.
Maturity
On
demand
Less than
three months
Three to
twelve months
Total
RM’000
RM’000
RM’000
RM’000
Group
At 31 December 2015
Current liabilities
Other payables which are financial liabilities
14,839
16,549
426
31,814
At 31 December 2014
Current liabilities
Other payables which are financial liabilities
11,782
13,804
723
26,309
Company
At 31 December 2015
Current liabilities
Other payables which are financial liabilities
3,446
4,993
427
8,866
At 31 December 2014
Current liabilities
Other payables which are financial liabilities
3,137
3,241
723
7,101