notes to the financial statements
for the financial year ended 31 December 2014 (Continued)
24 CASH AND BANK BALANCES
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
Cash and bank balances
149,521
204,285
25,870
6,457
The Group’s and the Company’s cash and bank balances exposure to foreign currency (a currency which is other than the functional currency of the Group entities and
the Company) risk, based on carrying amounts as at the end of the financial year, was:
Group
Company
2014
2013
2014
2013
RM’000
RM’000
RM’000
RM’000
- United States Dollar
52,202
32,632
22,736
4,412
- Singapore Dollar
13,956
6,085
363
427
- Norwegian Kroner
4,038
56,054
-
-
- Euro Dollar
3,442
3,322
660
839
- Japanese Yen
1,287
7,119
1
1
- British Pound
465
585
13
14
- Australian Dollar
430
311
14
14
- Indonesian Rupiah
306
311
-
-
- China Renminbi
140
-
-
-
- Others
296
198
-
-
76,562
106,617
23,787
5,707
Cash and bank balances are deposits held at call with banks and earn no interest.
132
Wah Seong Corporation Berhad • Annual Report 2014
