2019 UEM Edgenta Annual Report

250 Notes to the Financial Statements For the year ended 31 December 2019 42. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (CONT’D.) (d) Interest rate risk (cont’d.) Note WAEIR % Within 1 year RM’000 1-2 years RM’000 2-5 years RM’000 > 5 years RM’000 Total RM’000 At 31 December 2018 Group Fixed rate Deposits with licensed banks and other financial institutions 24 2.98 264,106 - - - 264,106 ICPs 29 4.37 (50,000) - - - (50,000) IMTNs 29 4.85 (2,190) - (249,625) - (251,815) Finance leases 30 4.71 (1,101) (1,132) (894) - (3,127) Floating rate Murabahah Term Facility 29 3.99 (31,461) (31,566) (38,038) - (101,065) Term loans 29 3.88 (39,708) (8,992) (30,227) (47,531) (126,458) Company Fixed rate Deposits with licensed banks and other financial institutions 24 3.25 27,126 - - - 27,126 ICPs 29 4.37 (50,000) - - - (50,000) IMTNs 29 4.85 (2,190) - (249,625) - (251,815) 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.