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1 8 6
NOTES TO THE FINANCIAL STATEMENTS
31 MARCH 2018
fInanCIal StatementS
38. Financial instruments (cont’d.)
(b) Classification of financial instruments
The financial instruments of the Group and of the Company as at the reporting date are categorised into the following
classes:
Group
Company
2018
2017
2018
2017
RM’000
RM’000
RM’000
RM’000
(i)
Loans and receivables
Trade receivables (excluding accrued
revenue) (Note 20)
141,507
99,504
-
19
Other receivables (Note 21)
20,941
32,552
1,756
1,100
Less: Prepayments (Note 21)
(7,958)
(6,883)
(52)
(45)
Tax recoverable (Note 21)
(1,404)
(581)
(976)
(500)
11,579
25,088
728
555
Due from subsidiaries (Note 22)
-
-
237,615
216,315
Cash and bank balances (Note 24)
235,297
390,780
11,578
6,706
Total loans and receivables
388,383
515,372
249,921
223,595
(ii) Fair value through profit or loss
investments
Short term cash investments (Note 23)
51,886
-
8,003
-
(iii) Financial liabilities measured at
amortised cost
Trade payables (Note 32)
12,788
70,744
123
56
Other payables (Note 32)
53,032
41,715
1,710
1,376
Due to subsidiaries (Note 22)
-
-
17,688
17,573
Borrowings (Note 31)
33,419
14,516
33,419
14,516
Total financial liabilities measured at
amortised cost
99,239
126,975
52,940
33,521
39. Financial risk management objectives and policies
The Group’s financial risk management policy seeks to ensure that adequate financial resources are available for the
development of the Group’s businesses whilst managing its interest rate, foreign exchange, liquidity/funding and credit risks.
The Group operates within clearly defined guidelines that are approved by the Board and the Group’s policy is not to engage
in speculative transactions.