FGV Annual Report 2016

ANNUAL INTEGRATED REPORT 2016 299 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 35 DEPOSITS, CASH AND BANK BALANCES (CONTINUED) The fixed deposits, cash and bank balances are denominated as follows: Group Company 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 Ringgit Malaysia 1,624,564 1,801,529 41,583 1,977 United States Dollar 171,302 125,271 - - Canadian Dollar 37,585 518,759 37,585 505,665 Indonesian Rupiah 9,073 48,125 - - Great Britain Pound 91 4,716 29 30 Pakistan Rupees 3,642 260 - - Others 7,797 4,375 - - 1,854,054 2,503,035 79,197 507,672 The weighted average finance rates (per annum) of fixed deposits and bank balances that were effective at the financial year end were as follows: Group Company 2016 % 2015 % 2016 % 2015 % - Licensed banks 3.01 3.40 0.25 0.45 - Licensed financial institutions 3.35 3.86 3.42 3.43 Fixed deposits as at 31 December 2016 for the Group and the Company have average maturity periods of 90 days (2015: 90 days) and 30 days (2015: 90 days) respectively. Cash and bank balances are deposits held at call with banks.