ENRICHING LIVES EXPANDING HORIZONS - Maxis

154
Financial Statements
NOTES TO THE
FINANCIAL STATEMENTS
31 December 2011
Continued
17 INTEREST IN SUBSIDIARIES (CONTINUED)
(a) Loans to subsidiaries - Interest bearing
The terms of the loans are as follows:
COMPANY
2011 2010
LOANS LOANS CURRENCY
PRINCIPAL OUT- PRINCIPAL OUT- DENOMI-
AMOUNT STANDING AMOUNT STANDING NATION REPAYMENT TERMS
RM’000 RM’000 RM’000 RM’000
1,200,000 1,205,758 1,200,000 1,205,854 RM The loan is repayable based on
a scheduled repayment as below:
Months after the
first drawdown Instalment %
72 27.8
78 35.1
84 37.1
0 0 314,500 316,863 RM The loan was fully repaid during
the financial year.
152,500 153,034 0 0 RM The loan is repayable in one
lump sum on 26 February 2021.
1,352,500 1,358,792 1,514,500 1,522,717
The loans to subsidiaries are unsecured and carry interest rates ranging from 3.99% to 5.00% per annum (2010: 5.00% to
5.80%) as at the reporting date.
(b) Amounts due from/(to) subsidiaries - Non-interest bearing
The amounts due from/(to) subsidiaries are unsecured and with 30 days credit period (2010: 30 days).