FGV Annual Report 2012

99 F i n a n c i a l S t a t e m e n t s 2 0 1 2 P e n y a t a K e w a n g a n 40 BORROWINGS (continued) Group 2012 2011 RM’000 RM’000 Total borrowings Revolving credits – 463,021 Term loans 38,669 51,171 Bankers acceptances 561,000 288,300 599,669 802,492 Less: Repayable after more than one year (509) (40,518) Repayable within one year 599,160 761,974 The maturity profile of borrowings are as follows: Less than 1 year 599,160 761,974 Between 1 and 3 years 509 40,518 599,669 802,492 – Ringgit Malaysia 561,000 288,300 – United States Dollar 37,766 90,581 – Canadian Dollar 903 423,611 599,669 802,492 Effective interest rates for borrowings are as follows: Effective interest rate at date of statement of financial Interest position rate % per annum 2012 Term loans Floating 1.03 Bankers acceptances Floating 3.43 2011 Term loans Floating 1.88 Revolving credits Floating 1.03 Bankers acceptances Floating 3.55 As at 31 December 2012, certain borrowings are secured by fixed deposits pledged to a financial institution amounting to RM15,369,000 (2011: RM320,646,000).