the entire consumer deposits above and one-off transactions. The Company expects to be able to generate sufficient internal cash flows from operations for the next 12 months from the reporting date to meet operational and financing needs as and when they fall due. In addition, as at 31 December 2023, the Company have undrawn borrowing facilities amounting to RM14,011.4 million (2022: RM10,815.6 million) to support any cash shortfall while maintaining sufficient headroom on its undrawn borrowing facilities at all times to ensure the Company have the financial flexibility. Surplus cash of the Group and of the Company is invested in profit bearing current accounts, money market deposits and other instruments with appropriate maturities and sufficient liquidity level to provide sufficient headroom as determined by the cash flow forecasts andto enable the Group and the Company to discharge liabilities in the normal course of business. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 327 45 FINANCIAL INSTRUMENTS (CONTINUED) (b) Financial risk management (continued) Liquidity risk (continued) The table below summarises the maturity profiles of the Group’s and of the Company’s financial liabilities as at the end of the financial year based on the undiscounted contractual payments: Carrying amount RM’million Contractual cash flows RM’million Below 1 year RM’million 1-2 years RM’million 3-5 years RM’million More than 5 years RM’million 2023 Group Non-derivative financial liabilities Payables 8,340.4 8,340.4 8,340.4 0 0 0 Lease liabilities* 30,860.9 42,420.4 4,472.0 3,767.5 10,189.4 23,991.5 Amounts due to associates 579.7 579.7 579.7 0 0 0 Borrowings* 61,770.2 80,854.2 9,277.6 5,207.2 17,707.3 48,662.1 Financial guarantee contracts 312.1 312.1 312.1 0 0 0 Other financial liabilities at AC 850.5 846.0 359.3 363.5 13.8 109.4 102,713.8 133,352.8 23,341.1 9,338.2 27,910.5 72,763.0 Derivative financial liabilities Interest rate swaps 7.3 1,129.1 0 0 1,129.1 0 Profit rate swap contracts 3.2 304.1 0