annual report - Tenaga Nasional Berhad

32 DEFERRED INCOMEG group Company2008 2007 2008 2007R rM’million RM’million RM’million RM’millionAs at the beginning of the financial year 2,803.5 2,675.8 2,504.7 2,400.6Received during the financial year 441.0 454.6 383.7 395.9Released to income statement (Note 4) (345.1) (326.9) (307.6) (291.8)As at the end of the financial year 2,899.4 2,803.5 2,580.8 2,504.733 GOVERNMENT DEVELOPMENT GRANTSgroup2008 2007RM’million RM’millionAs at the beginning of the financial year 620.5 665.0Received during the financial year 0 0Released to income statement (Note 7) (56.9) (44.5)As at the end of the financial year 563.6 620.5The Government development grants are in respect of capital grants received by an 80% subsidiary company SabahElectricity Sdn Bhd for capital projects in the State of Sabah.34 SHARE CAPITALgroup and Company2008 2007RMRMAuthorised:Ordinary shares of RM1.00 each 5,000,000,000 5,000,000,000Special Rights Redeemable Preference Share of RM1.00 each 1 1Class A Redeemable Preference Shares of RM1.00 eachAs at the beginning/end of the financial year 1,000 1,000Class B Redeemable Preference Shares of RM1.00 eachAs at the beginning/end of the financial year 500 500[ Tenaga Nasional Berhad ] [ Annual Report 2008 ]241