ENRICHING LIVES EXPANDING HORIZONS - Maxis

MAXIS BERHAD
ANNUAL REPORT 2011
109
GROUP
COMPANY
NOTE 2011 2010 2011 2010
RM’000 RM’000 RM’000 RM’000
LESS: CURRENT LIABILITIES
Provisions for liabilities and charges 30 64,465 59,937 0 0
Payables and accruals 31 2,828,255 3,105,357 1,816 1,608
Amounts due to related parties 26 23,214 42,944 0 0
Amounts due to subsidiaries 17 0 0 1,155 963
Amounts due to fellow subsidiaries 20 246 1,203 0 0
Amount due to immediate holding company 20 0 119 0 0
Borrowings 32 1,463,950 13,201 1,450,104 0
Taxation 5,735 100,367 0 0
TOTAL CURRENT LIABILITIES 4,385,865 3,323,128 1,453,075 2,571
NET CURRENT (LIABILITIES)/ASSETS (2,550,190) (1,220,289) (1,369,647) 78,845
NON-CURRENT LIABILITIES
Borrowings 32 4,409,118 5,060,667 4,387,411 5,043,647
Provisions for liabilities and charges 30 93,675 126,536 0 0
Payables and accruals 31 60,564 46,206 0 0
Loan from a related party 26 35,668 33,205 0 0
Derivative financial instruments 22 366,177 348,452 366,177 348,452
Deferred tax liabilities 23 551,068 620,317 0 0
TOTAL NON-CURRENT LIABILITIES 5,516,270 6,235,383 4,753,588 5,392,099
NET ASSETS 8,088,384 8,666,699 30,252,186 31,222,223
EQUITY
Share capital 28 750,000 750,000 750,000 750,000
Reserves 29 7,334,417 7,916,699 29,502,186 30,472,223
Equity attributable to equity holders
of the Company 8,084,417 8,666,699 30,252,186 31,222,223
Non-controlling interest 3,967 0 0 0
TOTAL EQUITY 8,088,384 8,666,699 30,252,186 31,222,223
The notes on pages 116 to 196 form part of these financial statements.