29 BORROWINGS (CONTINUED)
Finance
rate
Effective finance
rate at date of
statement of
financial position
(% p.a)
2015
Term loans
Fixed/Floating
4.50 – 5.70
Finance lease liabilities
Fixed
2.40 – 8.20
Islamic Medium Term Notes
Fixed
5.75 – 5.98
Bank overdrafts
Floating
6.72
2014
Term loans
Fixed/Floating
2.83 – 7.29
Finance lease liabilities
Fixed/Floating
3.12 – 7.77
Bank overdrafts
Floating
7.77
Set below is fair value of the Group’s financial instruments, other than those with carrying amounts that are reasonable
approximations of fair values:
Group
Carrying value
Fair value
2015
RM’000
2014
RM’000
2015
RM’000
2014
RM’000
Term loans
162,538
116,820
141,333
99,913
Finance lease liabilities
51,072
51,821
50,898
51,536
Islamic Medium Term Notes
795,219
–
532,489
–
1,008,829
168,641
724,720
151,449
308
NOTES TO THE
FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2015 (CONTINUED)
