FGV Audited Financial Statements 2020

4 FINANCIAL RISK MANAGEMENT (continued) (a) Financial risk management policies (continued) Market risk (continued) (iii) Finance rate risk (continued) The finance rate profile of the Group’s and Company’s finance bearing financial assets, based on carrying amounts as at the end of the reporting period is as follows: Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Financial assets At fixed rate Fixed deposits 1,165,187 1,279,663 10,767 789 At floating rate (exposed to cash flow finance rate risk) Loans due from subsidiaries - - 368,886 62,600 The finance rate profile of the Group’s and Company’s finance bearing financial liabilities, based on carrying amounts as at the end of the reporting period is as follows: Group Company 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Financial liabilities At fixed rate Loans due to ultimate holding company 886,188 886,498 886,188 886,498 Loans due to subsidiaries - - 1,283,922 1,324,884 Islamic short term trade financing 2,275,107 2,775,418 75,080 75,080 Short term trade financing 258,162 299,338 - - 3,419,457 3,961,254 2,245,190 2,286,462 At floating rate (exposed to cash flow finance rate risk) LLA liability 4,213,824 4,316,146 - - Loans due to subsidiaries - - 121,537 152,228 Islamic term loans 873,495 873,893 - - Term loans - 71,909 - - 5,087,319 5,261,948 121,537 152,228 8,506,776 9,223,202 2,366,727 2,438,690 58 Notes to the Financial Statements For The Financial Year Ended 31 December 2020 FGV HOLDINGS BERHAD Audited Financial Statement 2020