VCI (US:VCIG)2025-05-13 17:20Foreign Currency Risk - The Group's exposure to foreign currency risk includes RM7,123,179 in assets and RM1,416,836 in liabilities denominated in United States Dollars for 2023 [390]. - A 5% increase in the United States Dollar would result in a sensitivity impact of RM285,317 for 2023 and RM2,277,676 for 2024 [392]. Interest Rate Risk - The Group's profit would decrease by approximately RM4,947 if interest rates on loans increased by 50 basis points, with a profit impact of RM10,820 for 2023 and RM5,983 for 2022 [395]. Liquidity and Financial Liabilities - The Group's liquidity analysis shows total non-derivative financial liabilities of RM23,015,530 for 2024, with RM22,730,351 due on demand or within 1 year [406]. - The Group's non-interest bearing liabilities amounted to RM21,914,992 for 2024, compared to RM20,684,288 for 2023 [406]. - The Group's fixed interest rate liabilities for 2024 are projected to be RM885,179, with a weighted average effective interest rate of 3.5-5% [406]. Credit Risk Management - The Group's maximum exposure to credit risk is based on the carrying amount of recognized financial assets, with a focus on maintaining a credit risk grading framework [396][398]. - The Group's credit risk grading framework categorizes exposures into performing, doubtful, in default, and write-off categories to manage credit risk effectively [398]. Cash and Working Capital - The Group has sufficient cash and cash equivalents to finance its activities, ensuring it can meet working capital requirements for at least the next 12 months [402][404]. - The Group's financial assets and liabilities are considered to approximate their fair values due to short-term maturities [408].