ESR Group Limited Annual Report 2023 231 Notes to the Consolidated Financial Statements 31 December 2023 45. FINANCIAL RISK MANAGEMENT OBJECTIVES AND POLICIES (continued) Liquidity risk (continued) Company Less than 1 year 1 to 5 years Over 5 years Total US$’000 US$’000 US$’000 US$’000 31 December 2023 Non-derivative financial liabilities Interest-bearing bank and other borrowings 923,701 3,432,411 107,511 4,463,623 Trade and other payables 131,664 — — 131,664 1,055,365 3,432,411 107,511 4,595,287 Derivative financial instruments Cross-currency interest rate swap — Outflow (3,570) (9,653) — (13,223) — Inflow 15,018 40,611 — 55,629 11,448 30,958 — 42,406 31 December 2022 Interest-bearing bank and other borrowings 298,409 3,658,464 143,830 4,100,703 Trade and other payables 140,910 — — 140,910 439,319 3,658,464 143,830 4,241,613 Equity price risk Equity price risk is the risk that the fair values of equity securities decrease as a result of changes in the levels of equity indices and the value of individual securities. The Group was exposed to equity price risk arising from listed equity investments classified as financial assets at fair value through comprehensive income (note 17) and financial assets at fair value through profit or loss (note 16) as at 31 December 2023 and 2022. The Group’s listed investments are listed on Hong Kong Exchanges and Clearing Limited, Singapore Exchange Securities Trading Limited, and Korea Exchange and are valued at quoted market prices. The market equity indices for the following stock exchanges, at the close of business from the nearest trading day in the year to the end of each of the years ended 31 December 2023 and 2022, and their respective highest and lowest points during the year were as follows: 31 December High/Low 31 December High/Low 2023 2023 2022 2022 Singapore–STI Index 3,240 3,408/3,042 3,251 3,466/2,969 Hong Kong–Hang Seng Index 17,047 22,701/15,972 19,781 25,051/14,597 Korea–KRX KOSPI Index 2,655 2,668/2,181 2,236 2,995/2,135 CORPORATE GOVERNANCE FINANCIAL STATEMENTS STRATEGIC REPORTS
RkJQdWJsaXNoZXIy MTIwODcxMw==