FGV Annual Report 2016

FELDA GLOBAL VENTURES HOLDINGS BERHAD 304 FINANCIAL REPORT NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2016 44 BORROWINGS (CONTINUED) The maturity profile of borrowings are as follows: Group Company 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 Less than 1 year 3,692,140 3,142,870 540,900 - Between 1 and 5 years 198,992 139,437 - - More than 5 years - 268,112 - - 3,891,132 3,550,419 540,900 - The borrowings are denominated as follows: Group Company 2016 RM'000 2015 RM'000 2016 RM'000 2015 RM'000 - Ringgit Malaysia 2,920,571 2,557,503 540,900 - - United States Dollar 904,213 917,761 - - - Thai Baht 9,006 11,261 - - - Great Britain Pound 54,253 60,795 - - - Singapore Dollar 3,089 3,099 - - 3,891,132 3,550,419 540,900 - Effective finance rates for borrowings are as follows: Group Company Finance rate Effective finance rate at date of statement of financial position per annum % Finance rate Effective finance rate at date of statement of financial position per annum % 2016 Islamic short term trade financing Fixed/Floating 0.6 - 4.20 Floating 3.96 – 4.20 Short term trade financing Fixed 3.09 - 4.23 - - Islamic term loans Fixed 3.09 - 4.23 - - Term loans Floating 3.79 - 4.37 - - Finance lease liabilities Fixed 4.05 - 5.41 - -