Download - Tenaga Nasional Berhad

TNB Financial Report 2002
51
15. Investments
Group
Company
2002 2001 2002 2001
RM’million RM’million RM’million RM’million
Quoted shares, at cost 335.6 335.6 335.6 335.6
Quoted warrants, at cost 12.6 12.6 12.6 12.6
Unquoted shares, at cost 85.5 86.4 85.2 85.2
Unquoted unsecured loan stocks, at cost 3.8 3.8 3.8 3.8
437.5 438.4 437.2 437.2
Allowance for diminution in value:
– unquoted shares (43.6) (43.6) (43.6) (43.6)
– unquoted unsecured loan stocks (3.8) (3.8) (3.8) (3.8)
390.1 391.0 389.8 389.8
Market value:
– quoted shares 270.8 263.8 270.8 263.8
– quoted warrants 17.5 12.1 17.5 12.1
288.3 275.9 288.3 275.9
16. Long Term Receivables
Company
2002 2001
RM’million RM’million
Amounts owing from subsidiaries 3,659.6 2,889.8
The amounts owing from subsidiaries comprise advances and other receivables from Liberty Power Limited (‘LPL’), TNB Power Daharki Ltd (‘TPD’)
and TNB Janamanjung Sdn Bhd (‘TNBJ’) amounting to RM80.4 million (2001: RM77.1 million), RM1,284.7 million (2001: RM1,127.8 million) and
RM2,294.5 million (2001: RM1,684.9 million) respectively.
These amounts are unsecured and have no fixed terms of repayment. The amount owing from LPL is interest free while the amount owing
from TPD is subject to interest at rates ranging from 3.75% to 7.56% (2001: 5.53% to 8.45%) per annum and fixed at 9.5% (2001: 9.5%)
per annum for TNBJ.