Page 106 - Annual Report 2021

Overview Leadership Message Business Segment Moving Forward Our Resources Working for a Corporate Financial
Review Plan Better Tomorrow Governance statements

nOTES TO THE FInanCIaL STaTEmEnTS

29. OPErating lEasE cOMMitMEnts
The Group leases land, office premises and equipments under non-cancellable operating leases. The future minimum
lease payments under the non-cancellable operating leases are as follows:-

the group
2021 2020
rM rM

Not more than 1 year 7,844,332 7,868,493
Later than 1 year and not later than 5 years 14,681,443 5,496,458
22,525,775 13,364,951

30. Financial instruMEnts
30.1 CATEGORIES OF FINANCIAL INSTRUMENTS

the group the company
2021 2020 2021 2020
rM rM rM rM

Financial assets

Fair Value through Profit or Loss
Short-term investments (Note 16) 35,954,596 37,608,190 1,454,327 3,969,795

Amortised Cost
Trade receivables (Note 11) 17,138,305 17,957,698 176,000 825,000
Other receivables (Note 12) 2,471,453 2,385,929 2,501,214 1,214
Amount owing by holding entity (Note 13) - 80,000 - -
Amount owing by subsidiaries (Note 14) - - 4,925,192 17,972,359
Amount owing by related parties (Note 15) 1,444,612 697,425 1,442,140 695,283
Fixed deposits with licensed banks (Note 17) 2,664,848 3,711,642 - 200,771
Cash and bank balances 42,431,249 22,322,160 6,378,574 3,590,751

66,150,467 47,154,854 15,423,120 23,285,378
Cost less Impairment
Other investments 5,002 5,002 2 2

106 UM Holdings Group