2009 - TDM Berhad

106 TDM Berhad (6265-P)Notes to the Financial Statements20. Cash and Cash EquivalentsGroupCompany2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000Cash on hand and at banks 19,787 20,345 766 159Deposits with licensed banks 87,233 110,680 63 63Cash and bank balances 107,020 131,025 829 222Less: Bank overdrafts (Note 21) (545) (1,188) – (641)Cash and cash equivalents 106,475 129,837 829 (419)The Group’s deposits with licensed banks amounting to RM53,365,892 (2008: RM52,002,448) are pledged as securities for performancebonds issued and banking facilities granted to a subsidiary as referred to in Note 22.The weighted average interest rate during the fi nancial year and the average maturities of deposits as at 31 December 2009 were asfollows:Weighted averageinterest rateAverage maturities2009 2008 2009 2008% % Days DaysLicensed banks 2.7 3.2 90 19821. BorrowingsGroupCompany2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000Short term borrowingsSecuredBank overdrafts (Note 20) 545 1,188 – 641Term loans 188 188 – –Trust receipts and bankers’ acceptances 1,422 1,246 – –Hire purchase payables (Note 29) 1,144 752 82 893,299 3,374 82 730Long term borrowingsSecuredTerm loans 734 921 – –Hire purchase payables (Note 29) 1,952 1,930 151 2422,686 2,851 151 242