annual report - Tenaga Nasional Berhad

42 FINANCIAL RISK MANAGEMENT (CONT’D.)(b)Interest rate risk (Cont’d.)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’millionCompany2007Financial liabilitiesAmount due to associates 0 0 224.5 0 0 0 0 0 224.5Amount due to subsidiaries 5.32 1,644.1 1,184.1 0 0 0 0 2,196.3 5,024.5Borrowings 5.57 197.0 4.7 63.8 307.2 3,008.0 639.1 8,838.9 13,058.71,841.1 1,413.3 63.8 307.2 3,008.0 639.1 11,035.2 18,307.7On-balance sheetinterest sensitivity gap 0 (1,192.6) 3,336.1 (9.2) (307.2) (3,008.0) (639.1) (11,035.2) (12,855.2)Off-balance sheetinterest sensitivity gap 0 167.0 0 (170.5) 0 0 0 0 (3.5)Total interest sensitivity gap (1,025.6) 3,336.1 (179.7) (307.2) (3,008.0) (639.1) (11,035.2) (12,858.7)B balancesTotal non underinterest interest Islamicsensitive sensitive principles TotalR rM’million RM’million RM’million RM’millionCompany2008Financial liabilitiesTrade and other payables 0 3,421.0 0 3,421.0Borrowings 13,096.8 166.0 2,186.3 15,449.1Amount due to subsidiaries 4,718.7 0 0 4,718.7Amount due to associates 345.2 0 0 345.2Other liabilities (amount payable toswap counterparties) 0 0.7 0 0.718,160.7 3,587.7 2,186.3 23,934.7On-balance sheetinterest sensitivity gap (13,680.5) (860.1) (486.1) (15,026.7)Off-balance sheetinterest sensitivity gap 0.8 0 0 0.8Total interest sensitivity gap (13,679.7) (860.1) (486.1) (15,025.9)[ Tenaga Nasional Berhad ] [ Annual Report 2008 ]259