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Annual Report 2020
201
Notes to the Financial Statements
As at 31 March 2020
kumpulan Fima Berhad
(197201000167)(11817-V)
35. Borrowings
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Short term borrowings
Unsecured:
- Bankers’ acceptances
3,490
4,506
3,490
4,506
- Revolving credit
30,000
30,000
30,000
30,000
33,490
34,506
33,490
34,506
Maturity of borrowings
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Within one year
33,490
34,506
33,490
34,506
The revolving credit facility is rolled over every three months.
The weighted average effective interest rate of the facilities during the financial year was 4.74% (2019: 5.07%) per
annum.
36. Trade and other payables
Group
Company
2020
RM’000
2019
RM’000
2020
RM’000
2019
RM’000
Trade payables
19,225
13,675
184
111
Other payables
Accruals
20,250
19,149
570
530
Deposits
1,398
429
88
30
Receipt in advance
1,897
5,731
-
-
Sundry payables
20,447
24,689
1,605
1,581
43,992
49,998
2,263
2,141
Total trade and other payables
63,217
63,673
2,447
2,252
Trade payables amount are non-interest bearing which are normally settled from 30 to 90 days (2019: from 30 to 90 days)
term.