2018 UEM Edgenta Annual Report

42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D.) (d) Interest rate risk (cont’d.) Within 1 1-2 2-5 > 5 Note WAEIR year years years years Total % RM’000 RM’000 RM’000 RM’000 RM’000 At 31 December 2017 Group Fixed rate Deposits with licensed banks and other financial institutions 24 2.88 319,991 – – – 319,991 ICPs 29 4.33 (49,964) – – – (49,964) IMTNs 29 4.85 (2,226) – (249,501) – (251,727) Finance leases 30 2.70 (1,074) (1,140) (2,026) – (4,240) Floating rate Murabahah Term Facility 29 3.61 (28,155) (31,422) (69,517) – (129,094) Term loans 29 6.06 (35,803) (8,450) (26,688) (53,795) (124,736) Company Fixed rate Deposits with licensed banks and other financial institutions 24 3.03 82,365 – – – 82,365 ICPs 29 4.33 (49,964) – – – (49,964) IMTNs 29 4.85 (2,226) – (249,501) – (251,727) Interest on financial instruments subject to floating interest rates is contractually repriced at intervals of less than 12 months. Interest on financial instruments at fixed rates are fixed until the maturity of the instruments. The other financial instruments of the Group and of the Company that are not included in the above tables are not subject to interest rate risks. (e) Market price risk Market price risk is the risk that the fair value or future cash flows of the Group’s financial instruments will fluctuate because of changes in market prices (other than interest or exchange rates). The Group is not exposed to equity price risk arising from its investment in quoted equity instruments. Financial Review Stakeholder Information AGM Information 243 Governance Review of Sustainability Activities