30.
FINANCIAL RISK MANAGEMENT (CONT'D)
30.2
Liquidity risk
Liquidity risk is the risk that the Group and the Company will encounter difficulty in meeting financial
obligations due to shortage of funds. The Group and the Company actively manage its debt maturity
profile, operating cash flows and availability of funding so as to ensure that all repayment and
funding needs are met.
The Group and Company aim at maintaining a balance of sufficient cash and deposits and flexibility
in funding by maintaining credit facilities with its banker.
The table below summarises the maturity profile of the Group’s and of the Company’s financial
liabilities as at the end of the reporting period based on the undiscounted contractual payments:
Carrying
amount
RM
Contractual
cash flows
RM
Within
one year
RM
More than
one year
and less
than
two years
RM
More than
two years
and less
than
five years
RM
GROUP
2014
Non-derivative
financial liabilities
Trade payables
9,600,566 9,600,566 9,600,566
-
-
Other payables and
accruals
6,724,750 6,724,750 6,724,750
-
-
Finance lease
liabilities
188,408 194,670 137,424 57,246
-
16,513,724 16,519,986 16,462,740 57,246
-
Derivative financial
liabilities
Foreign currency
forward contracts:
Outflow-Net
1,305,875 1,305,875 1,305,875
-
-
17,819,599 17,825,861 17,768,615 57,246
-
NOTES TO THE FINANCIAL STATEMENTS
31 DECEMBER 2014 (CONT’D)
•
Pentamaster Corporation Berhad
(572307-U)
Annual Report 2014
85
