annual report - Tenaga Nasional Berhad

Notes To The Financial Statements42 FINANCIAL RISK MANAGEMENT (CONT’D.)(b)Interest rate risk (Cont’d.)B balancesTotal non underinterest interest Islamicsensitive sensitive principles TotalR rM’million RM’million RM’million RM’millionGroup2007Financial liabilitiesTrade and other payables 491.9 3,809.7 0 4,301.6Amount due to associate 224.5 1.6 0 226.1Borrowings 17,778.7 221.2 6,435.2 24,435.1Other liabilities (amount payable toswap counterparties) 0 1.2 0 1.218,495.1 4,033.7 6,435.2 28,964.0On-balance sheetinterest sensitivity gap (13,407.3) (1,619.6) (5,609.2) (20,636.1)Off-balance sheetinterest sensitivity gap (3.5) 0 0 (3.5)Total interest sensitivity gap (13,410.8) (1,619.6) (5,609.2) (20,639.6)Eeffectiveinterest Fixed rate instruments Totalat balance Floating maturing or repriced in interestsheet date rate < 1 year 1-2 years 2-3 years 3-4 years 4-5 years > 5 years sensitive% per annum RM’million RM’million RM’million RM’million RM’million RM’million RM’million RM’million[ Tenaga Nasional Berhad ] [ Annual Report 2008 ]258Company2008Financial liabilitiesAmount due to associates 0 0 345.2 0 0 0 0 0 345.2Amount due to subsidiaries 4.40 1,449.7 1,072.7 0 0 0 0 2,196.3 4,718.7Borrowings 5.32 196.5 61.0 205.5 2,941.0 626.5 250.0 8,816.3 13,096.81,646.2 1,478.9 205.5 2,941.0 626.5 250.0 11,012.6 18,160.7On-balance sheetinterest sensitivity gap 0 (1,085.7) 2,388.0 (152.7) (2,941.0) (626.5) (250.0) (11,012.6) (13,680.5)Off-balance sheetinterest sensitivity gap 0 103.1 0 0 (102.3) 0 0 0 0.8Total interest sensitivity gap (982.6) 2,388.0 (152.7) (3,043.3) (626.5) (250.0) (11,012.6) (13,679.7)