184 / 204
Notes To The
Financial Statements
As at 31 March 2019
36. Financial risk management objectives and policies (cont’d.)
(c) Liquidity/funding risk
The Group defines liquidity/funding risk as the risk that funds will not be available to meet its liabilities as
and when they fall due.
The Group actively manages its operating cash flows and the availability of funding so as to ensure that
all funding needs are met. As part of its overall prudent liquidity management, the Group maintains
sufficient levels of cash or cash convertible instruments to meet its working capital requirements. To
ensure availability of funds, the Group closely monitors its cash flow position on a regular basis.
Analysis of financial instruments by remaining contractual maturities
The table below summarises the maturity profile of the Group and of the Company’s liabilities at the
reporting date based on contractual undiscounted repayment obligations.
Contractual cashflow on
demand or within one year
2019
2018
RM’000
RM’000
Group
Financial liabilities:
Trade and other payables (Note 30)
36,839
36,884
Amount due to related companies (Note 20)
512
166
Total undiscounted financial liabilities
37,351
37,050
Company
Financial liabilities:
Trade and other payables excluding deposits, accruals and provision for
bonus (Note 30)
63
1
Amount due to related companies (Note 20)
-
301
Total undiscounted financial liabilities
63
302
180
Fima Corporation Berhad
(21185-P)
Annual Report 2019