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366 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

39 FINANCIAL INSTRUMENTS
The analysis of classification of financial instruments are as follows:

Fair value
Amortised cost through profit or loss
Group 2021 2020 2021 2020
RM’000 RM’000 RM’000 RM’000
As at 31 December

Financial assets
Current assets
Receivables (excluding prepayments,
GST receivables and advance payments) 294,995 223,175 - -
Amount due from immediate holding company 1 1,461 - -
Amounts due from other related companies 3,048 465 - -
Deposits, cash and bank balances 194,775 195,921 - -
Total financial assets 492,819 421,022 - -

Financial liabilities
Non-current liabilities
Borrowings 363,855 518,636 - -
Lease liabilities 3,549 3,772 - -
Derivatives financial liabilities - - 3,571 10,163
367,434 522,408 3,571 10,163

Current liabilities
Payables (excluding GST payables) 301,234 157,091 - -
Amount due to immediate holding company 2,982 12,503 - -
Amounts due to other related companies 3,936 1,643 - -
Amount due to ultimate holding body - 221 - -
Loan due to a related company - 47,152 - -
Borrowings 429,171 388,464 - -
Lease liabilities 996 1,170 - -
Derivative financial liabilities - - 3,749 929
738,319 608,244 3,749 929
Total financial liabilities 1,105,753 1,130,652 7,320 11,092