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314 MSM MALAYSIA HOLDINGS BERHAD WHO WE ARE STATEMENT & DISCUSSION BY OUR LEADERS HOW WE OPERATE
ANNUAL INTEGRATED REPORT 2021

NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2021

4 FINANCIAL RISK MANAGEMENT (CONTINUED)
(a) Financial risk management policies (continued)

Liquidity risk (continued)
Less than Between 1 Between 2 Over
1 year and 2 years and 5 years 5 years Total
RM’000 RM’000 RM’000 RM’000 RM’000

Group
At 31 December 2021
Payables 301,234 - - - 301,234
Amounts due to other related companies 3,936 - - - 3,936
Amount due to immediate holding company 2,982 - - - 2,982
Borrowings 444,299 75,697 264,355 52,291 836,642
Lease liabilities 1,239 501 741 5,755 8,236
Total undiscounted financial liabilities 735,690 76,198 265,096 58,046 1,153,030

At 31 December 2020
Payables 157,091 - - - 157,091
Loan due to a related company 47,152 - - - 47,152
Amounts due to other related companies 1,643 - - - 1,643
Amount due to ultimate holding body 221 - - - 221
Amount due to immediate holding company 12,503 - - - 12,503
Borrowings 411,601 70,346 253,014 278,512 1,013,473
Lease liabilities 1,187 944 618 5,961 8,710
Total undiscounted financial liabilities 631,398 71,290 253,632 284,473 1,240,793

Company
At 31 December 2021
Payables 6,520 - - - 6,520
Amounts due to subsidiaries 5 - - - 5
Amounts due to other related companies 117 - - - 117
Amount due to immediate holding company 1,887 - - - 1,887
Loan due to a subsidiary 31,228 17,224 58,097 28,468 135,017
Borrowings 65,365 75,697 264,355 52,291 457,708
Lease liabilities 738 - - - 738
Total undiscounted financial liabilities 105,860 92,921 322,452 80,759 601,992
At 31 December 2020
Payables 2,528 - - - 2,528
Amounts due to subsidiaries 751 - - - 751
Amounts due to other related companies 4 - - - 4
Amount due to immediate holding company 6,096 - - - 6,096
Loan due to a subsidiary 30,194 17,338 58,585 34,931 141,048
Loan due to a related company 10,108 - - - 10,108
Amount due to ultimate holding body 221 - - - 221
Borrowings 57,051 70,346 253,014 278,512 658,923
Lease liabilities 885 738 - - 1,623
Total undiscounted financial liabilities 107,838 88,422 311,599 313,443 821,302