Annual Report 2012 - IOI Group

42. FINANCIAL INSTRUMENTS (Continued)42.2 Interest rate risk (Continued)42.2.2 Interest rate risk exposureThe following tables set-out the carrying amounts, the weighted average effective interest rates as at the end of thereporting period and the remaining repricing brackets of the Group’s and Company’s financial instruments that areexposed to interest rate risk:Group2012 Repricing BracketsLess than 1year1 – 2years2 – 3years3 – 4yearsMore than 4yearsTotalNote RM’000 RM’000 RM’000 RM’000 RM’000 RM’000Weightedaverageeffectiveinterest rate%Interest bearing financial assetsFixed rate instrumentsDeposits with financial institutions 29 2,023,978 – – – – 2,023,978 2.41Short term funds 28 1,775,235 – – – – 1,775,235 2.783,799,213 – – – – 3,799,213Floating rate instrumentsCash and bank balances 561,534 – – – – 561,534 1.60561,534 – – – – 561,534Total assets repricing 4,360,747 – – – – 4,360,747Interest bearing financialliabilitiesFixed rate instrumentsTerm loans 34.1 – – – – 846,363 846,363 5.68Guaranteed notes 34.4 – – – 1,593,852 – 1,593,852 5.34Notes 34.5 – – – – 1,899,511 1,899,511 4.46Trade financing 316,902 – – – – 316,902 1.83Financial lease obligations 34.7 186 202 26 30 29 473 8.00317,088 202 26 1,593,882 2,745,903 4,657,101Floating rate instrumentsAdvances from non-controllinginterests 35.2 129,703 – – – – 129,703 1.45Term loan 34.1 3,451,040 – – – – 3,451,040 2.783,580,743 – – – – 3,580,743Total liabilities repricing 3,897,831 202 26 1,593,882 2,745,903 8,237,844Net repricing gap 462,916 (202) (26) (1,593,882) (2,745,903) (3,877,097)Annual Report 2012IOI CORPORATION BERHAD 221