NOTES TO THE FINANCIAL STATEMENTS Company Carrying amount RM’000 Contractual interest rate % Contractual cash flows RM’000 Under 1 year RM’000 2 - 5 years RM’000 Over 5 years RM’000 2024 Non-derivative financial liabilities Trade and other payables 6,016 - 6,016 6,016 - - Amount due to subsidiaries 67,169 - 67,169 67,169 - - Loans and borrowings 105,000 5.00 - 5.97 105,000 105,000 - - 178,185 178,185 178,185 - - 35.6 Market risk Market risk is the risk that changes in market prices, such as foreign exchange rates, interest rates and other prices that will affect the Group’s financial position or cash flows. 35.6.1 Foreign currency risk The foreign currency risk is the risk that the fair value or future cash flows of a financial instrument will fluctuate due to changes in foreign exchange rates. The foreign exchange exposures in transactional currencies other than functional currencies of the operating entities are kept to an acceptable level and short-term imbalances are addressed by buying or selling foreign currencies at spot rates. The currencies giving rise to this risk are primarily United States Dollar (“USD”), Euro, British Pound Sterling (“GBP”), Singapore Dollar (“SGD”) and Indonesian Rupiah (“IDR”). Risk management objectives, policies and processes for managing the risk The Group does not have a fixed policy to hedge its sales and purchases via forward contracts. However, the exposure to foreign currency risk is monitored from time to time by management. 35. FINANCIAL INSTRUMENTS (CONTINUED) 35.5 Liquidity risk (continued) Maturity analysis (continued) The table below summarises the maturity profile of the Group’s and the Company’s financial liabilities as at the end of the reporting period based on undiscounted contractual payments: (continued) DNeX INTEGRATED REPORT 2025 210 ABOUT THIS REPORT LEADERSHIP VALUE CREATION @DNeX LEADERSHIP INSIGHTS OVERVIEW OF DAGANG NeXCHANGE BERHAD
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