FGV Annual Report 2015

311 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING Notes to the Financial Statements For The Financial Year Ended 31 December 2015 ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 33 DERIVATIVE FINANCIAL ASSETS/(LIABILITIES) (CONTINUED) The notional amount of contracts outstanding are as follows: 2015 2014 Foreign currency forward contracts USD176,858,009 USD258,557,000 Sugar futures contracts - 28,905 MT Palm oil futures contracts 143,875 MT 23,045 MT Rubber forward contracts - 1,333 MT Soy and canola futures contracts - 1,100,712 MT 34 CASH AND CASH EQUIVALENTS Group Company 2015 2014 2015 2014 RM’000 RM’000 RM’000 RM’000 Fixed deposits in: - Licensed banks 1,169,867 1,852,171 505,665 17,000 - Licensed financial institutions 735,926 1,027,606 618 479,430 1,905,793 2,879,777 506,283 496,430 Cash and bank balances 597,242 793,638 1,389 132,689 Deposits, cash and bank balances 2,503,035 3,673,415 507,672 629,119 Less: Restricted cash (494,496) (111,592) (494,496) (111,592) Cash and cash equivalents 2,008,539 3,561,823 13,176 517,527 Restricted cash as at 31 December 2015 relates to RM494,496,000 cash pledged in order to obtain certain bank facilities (2014: RM111,592,000 cash held in an escrow account for the purpose of an acquisition of a subsidiary).