ENRICHING LIVES EXPANDING HORIZONS - Maxis

190
Financial Statements
NOTES TO THE
FINANCIAL STATEMENTS
31 December 2011
Continued
33 FINANCIAL RISK MANAGEMENT (CONTINUED)
(e) Fair value estimation
(i)
Financial instruments carried at amortised cost
The carrying amounts of non-current financial assets and liabilities of the Group and of the Company at the reporting
date approximated their fair values except as set out below:
GROUP
COMPANY
CARRYING FAIR CARRYING FAIR
NOTE AMOUNT VALUE AMOUNT VALUE
RM’000 RM’000 RM’000 RM’000
At 31 December 2011
Financial assets:
Loans to subsidiaries 17 0 0 1,205,758 1,204,457
Financial liabilities:
Payables and accruals 31 1,213 1,138 0 0
Borrowings
- Finance lease liabilities 32(a) 21,707 19,458 0 0
At 31 December 2010
Financial assets:
Loans to subsidiaries 17 0 0 1,522,717 1,577,622
Financial liabilities:
Payables and accruals 31 4,322 3,934 0 0
Borrowings
- Finance lease liabilities 32(a) 17,020 15,048 0 0
The basis for determining fair values is disclosed in Note 3(i) to the financial statements.