Green Technology Annual Report

NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 28. FINANCIAL INSTRUMENTS (CONT’D) 28.1 FINANCIAL RISK MANAGEMENT POLICIES (CONT’D) (c) Liquidity Risk (Cont’d) Maturity Analysis (Cont’d) The maturity profile of the financial liabilities at the end of the reporting period based on contractual undiscounted cash flows (including interest payments computed using contractual rates or, if floating, based on the rates at the end of the reporting period) (Cont’d):- The Company Weighted Average Effective Interest Rate % Carrying Amount RM Contractual Undiscounted Cash Flows RM Within 1 Year RM 1 – 5 years 2018 Non–derivative Financial Liabilities Trade payables – 5,656,713 5,656,713 5,656,713 – Other payables and accruals – 3,366,359 3,366,359 3,366,359 – Amount owing to a related party – 14,840 14,840 14,840 – 9,037,912 9,037,912 9,037,912 – 28. FINANCIAL INSTRUMENTS (CONT’D) 28.2 CAPITAL RISK MANAGEMENT The Company has no bank borrowings. No debt-to-equity ratio is presented. 28.3 CLASSIFICATION OF FINANCIAL INSTRUMENTS 2019 2018 The Group RM The Company RM The Group RM The Company RM Financial Asset Amortised Cost Trade receivables 4,200,029 4,200,029 7,281,931 7,168,142 Other receivables 69,916 69,916 69,916 69,916 Amount owing by subsidiaries – 465,059 – 506,340 Fixed deposits with licensed banks 49,676,707 49,676,707 33,931,215 33,931,215 Cash and bank balances 5,664,072 3,141,431 4,957,370 2,436,581 59,610,724 57,553,142 46,240,432 44,112,194 Financial Liability Other Financial Liabilities Trade payables 8,355,703 8,355,703 5,711,202 5,656,713 Other payables and accruals 4,748,132 4,709,207 3,384,731 3,366,359 Amount owing by a related party – – 14,840 14,840 13,103,835 13,064,910 9,110,773 9,037,912 134 MALAYSIAN GREEN TECHNOLOGY & CLIMATE CHANGE CENTRE ANNUAL REPORT 2019