annual report - Tenaga Nasional Berhad

16 ASSOCIATES (CONT’D.)G group’s interest Country ofName of associate 2008 2007 Principal activities incorporationAssociate of IndependentPower International LtdMalaysian Shoaiba 20% 20% Investment holding MalaysiaConsortium Sdn BhdAssociate of Oasis ParadeSdn BhdSaudi-Malaysia Operation 30% 30% Investment holding Saudi Arabiaand Maintenance ServicesCompany Limited17 INVESTMENTSgroupCompany2008 2007 2008 2007RM’million RM’million RM’million RM’millionUnquoted shares, at cost 75.7 75.7 75.7 75.7Unquoted unsecured loan stocks, at cost 0 0 59.4 59.475.7 75.7 135.1 135.1Allowance for diminution in value:– unquoted shares (37.7) (37.7) (37.7) (37.7)38.0 38.0 97.4 97.418 LONG TERM RECEIVABLESCompany2008 2007RM’million RM’millionAmounts due from subsidiaries 613.3 703.1The amounts due from subsidiaries comprise advances and other receivables from TNB Liberty Power Limited (‘TLPL’) andTNB Power Daharki Ltd (‘TPD’) amounting to RM52.8 million (2007: RM54.6 million) and RM560.5 million (2007: RM648.5million) respectively.[ Tenaga Nasional Berhad ] [ Annual Report 2008 ]225