The weighted average interest rate of deposits with licensed banks of the Group

The weighted average interest rate of deposits with

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The weighted average interest rate of deposits with licensed banks of the Group during the financial year is 3.00% (2015: 3.25%) per annum. Bank balances are deposits held at call with banks and earn no interest. The weighted average interest rate of deposits with licensed banks of the Company in previous financial year was 3.25% per annum. Bank balances are deposits held at call with banks and earn no interest.
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KPJ HEALTHCARE BERHAD | ANNUAL REPORT 2016 263 Notes to the Financial Statements For the Financial Year Ended 31 December 2016 (continued) 26 DEPOSITS, BANK AND CASH BALANCES (CONTINUED) The currency exposure profile of deposits, cash and bank balances as at end of the reporting period is as follows: GROUP COMPANY 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Ringgit Malaysia 304,210 415,934 4,112 1,866 Singapore Dollar 405 1,258 - - Indonesia Rupiah 24,605 5,862 - - Australian Dollar 30,009 9,978 - - Bangladesh Taka 170 174 - - 359,399 433,206 4,112 1,866 Deposits of the Group and of the Company have maturity periods that ranges from 1 to 180 days (2015: 1 to 365 days). 27 NON-CURRENT ASSETS HELD FOR SALE GROUP 2016 2015 RM’000 RM’000 At 1 January - 57,886 Disposals - (57,886) At 31 December - - On 3 October 2014, Puteri Nursing College Sdn Bhd, a subsidiary of the Group had entered into an agreement to dispose two pieces of lands together with buildings erected thereon, both situated in Nilai, Negeri Sembilan to Al-’Aqar Healthcare REIT for a total consideration of RM77,800,000, including deferred consideration which is payable in 2018. The disposal was completed in 2015.
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ANNUAL REPORT 2016 | KPJ HEALTHCARE BERHAD 264 Notes to the Financial Statements For the Financial Year Ended 31 December 2016 (continued) 28 TRADE AND OTHER PAYABLES AND AMOUNT DUE TO SUBSIDIARIES GROUP COMPANY 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Non-current: Advances from subsidiaries - - 241,269 258,559 Current: Trade payables 196,794 269,575 - - Other payables 75,122 151,707 3,583 5,985 Resident upfront contribution 80,338 46,655 - - Accruals 129,841 141,123 12,012 2,322 Amount due to ultimate holding corporation 2,219 344 219 438 Amounts due to related companies 5,940 2,026 419 443 Amounts due to associates 668 5,453 - - 490,922 616,883 16,233 9,188 Amounts due to subsidiaries - - 174,280 197,905 Total 490,922 616,883 431,782 465,652 Advances from subsidiaries are unsecured and bear an effective weighted average interest rate of 5.85% (2015: 3.70%) per annum and are not repayable in the next 12 months. Amounts due to ultimate holding corporation, subsidiaries and other related companies are unsecured, interest free and repayable on demand. Credit terms of trade payables ranges from 30 to 60 days (2015: 30 to 60 days). The currency exposure profile of payables is as follows: GROUP COMPANY 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Ringgit Malaysia 325,814 506,946 431,782 465,652 Singapore Dollar 71 49 - - Indonesian Rupiah 59,321 3,081 - - Australian Dollar 95,072 60,100 - - Bangladesh Taka 10,644 46,707 - - 490,922 616,883 431,782 465,652
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KPJ HEALTHCARE BERHAD | ANNUAL REPORT 2016 265 Notes to the Financial Statements For the Financial Year Ended 31 December 2016 (continued) 29 BORROWINGS GROUP COMPANY 2016 2015 2016 2015 RM’000 RM’000 RM’000 RM’000 Current Islamic financing - Term loans (secured) 26,082 88,333 - - - Revolving credits (unsecured) 212,500 182,500 160,000 130,000 - Finance lease liabilities (secured) 28,475 19,516 - - - Bank overdrafts (unsecured) 5,369 - - - 272,426 290,349 160,000 130,000 Conventional financing - Term loans (secured) 41,398 61,597 - - - Revolving credits (unsecured) 5,905 - - -
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