FGV Annual Report 2015

220 Notes to the Financial Statements For The Financial Year Ended 31 December 2015 Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 4 FINANCIAL RISK MANAGEMENT (CONTINUED) (a) Financial risk management policies (continued) Market risk (continued) (iii) Finance rate risk The Group’s finance rate risk mainly arises from LLA liability and term loans. LLA liability and term loans issued at variable rates expose the Group to cash flow finance rate risk. The finance rate profile of the Group’s finance bearing financial assets, based on carrying amounts as at the end of the reporting period was: Group Company 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 Financial assets At fixed rate Fixed deposits 1,905,793 2,879,777 506,283 496,430 The finance rate profile of the Group’s finance bearing financial liabilities, based on carrying amounts as at the end of the reporting period was: Group Company 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 Financial liabilities At fixed rate Loans due to a significant shareholder 1,893,290 2,202,920 1,893,290 2,202,920 Loans due to subsidiaries - - 520,629 - Short term trade financing 3,115,304 2,041,255 - - Term loans 266,371 271,450 - - Finance lease liabilities 3,143 5,071 - - 5,278,108 4,520,696 2,413,919 2,202,920