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CHAIRMAN’S DELIVERING MSM MANAGEMENT DISCUSSION GROUP FINANCIAL
STATEMENT VALUE OVERVIEW & ANALYSIS REPORT

NOTES TO THE FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020

39 FINANCIAL INSTRUMENTS

The analysis of classification of financial instruments are as follows:
Fair value through
Amortised cost profit or loss
Group 2020 2019 2020 2019
RM’000 RM’000 RM’000 RM’000
As at 31 December
Financial assets
222 Current assets
Receivables (excluding prepayments, GST receivables
MSM MALAYSIA HOLDINGS BERHAD Annual Report 2020
and advance payments) 223,175 283,859 - -
Amount due from immediate holding company 1,461 1,443 - -
Amounts due from other related companies 465 6,846 - -
Derivative financial assets - - - 2,466
Cash and cash equivalents 195,921 170,536 - -
Total financial assets 421,022 462,684 - 2,466

Liabilities at Liabilities at fair value
amortised cost through profit or loss
Group 2020 2019 2020 2019
RM’000 RM’000 RM’000 RM’000
Financial liabilities

Non-current liabilities
Borrowings 518,636 605,153 - -
Lease liabilities 3,772 4,469 - -
Derivatives financial liabilities - - 10,163 4,968

522,408 609,622 10,163 4,968

Current liabilities
Payables (excluding GST payables) 157,091 129,457 - -
Amount due to immediate holding company 12,503 14,246 - -
Amounts due to other related companies 1,643 2,059 - -
Amount due to ultimate holding body 221 50 - -
Loan due to a related company 47,152 70,431 - -
Borrowings 388,464 439,631 - -
Lease liabilities 1,170 1,187 - -
Derivative financial liabilities - - 929 10
608,244 657,061 929 10
Total financial liabilities 1,130,652 1,266,683 11,092 4,978