FGV Annual Report 2014

4 Financial Risk Management (continued) (a) Financial risk management policies (continued) Liquidity risk (continued) Surplus cash is invested in profit bearing current accounts, time deposits, money market deposits and marketable securities, choosing instruments with appropriate maturities or sufficient liquidity to provide sufficient headroom as determined by the above-mentioned forecasts. The table below analyses the Group’s non-derivative financial liabilities and net-settled derivative financial liabilities into relevant maturity groupings based on the remaining maturity periods at the reporting date to the contractual maturity dates. Derivative financial liabilities are included in the analysis if their contractual maturities are essential for an understanding of the timing of the cash flows. The table below summaries the maturity profile of the Group’s and Company’s financial liabilities based on the remaining maturity periods at the statement of financial position date. The amounts disclosed in the table are based on contractual undiscounted cash flows. Less than Between 1 Between 2 Over 1 year and 2 years and 5 years 5 years Total Group RM’000 RM’000 RM’000 RM’000 RM’000 At 31 December 2014 Loans due to a significant shareholder 322,155 308,264 860,710 1,326,218 2,817,347 LLA liability 371,521 366,797 1,077,888 88,796,607 90,612,813 Amount due to a significant shareholder 240,444 – – – 240,444 Amounts due to other related companies 9,136 – – – 9,136 Derivative financial liabilities 1,778,697 – – – 1,778,697 Borrowings 2,065,545 66,610 239,506 267,820 2,639,481 Payables 1,417,503 – – – 1,417,503 Total undiscounted financial liabilities 6,205,001 741,671 2,178,104 90,390,645 99,515,421 At 31 December 2013 Loans due to a significant shareholder 343,916 333,236 935,628 1,908,881 3,521,661 LLA liability 385,767 366,844 1,130,085 96,115,434 97,998,130 Amount due to a significant shareholder 386,921 – – – 386,921 Amount due to joint ventures 23,000 – – – 23,000 Amounts due to other related companies 4,723 – – – 4,723 Derivative financial liabilities 1,120,132 – – – 1,120,132 Borrowings 1,638,109 1,665 4,995 4,899 1,649,668 Payables 1,392,694 – – – 1,392,694 Total undiscounted financial liabilities 5,295,262 701,745 2,070,708 98,029,214 106,096,929 Introduction Performance Highlights About FGV Reports Financial Statements Others Strategy and Value Creation Performance Review & Progress Foreword to Shareholders Annual General Meeting Annual Report 2014 pg 205