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’millionCompany2007Financial liabilitiesTrade and other payables 0 2,804.0 0 2,804.0Borrowings 13,058.7 170.6 3,362.7 16,592.0Amount due to subsidiaries 5,024.5 0 0 5,024.5Amount due to associates 224.5 0 0 224.5Other liabilities (amount payable toswap counterparties) 0 1.2 0 1.218,307.7 2,975.8 3,362.7 24,646.2On-balance sheetinterest sensitivity gap (12,855.2) (512.2) (2,490.7) (15,858.1)Off-balance sheetinterest sensitivity gap (3.5) 0 0 (3.5)Total interest sensitivity gap (12,858.7) (512.2) (2,490.7) (15,861.6)The table below summarises the effective weighted average interest rate as at 31 August 2008 and 31 August 2007by major currencies for each class of financial asset and financial liability.usD JPY EURO RM Others% % % % %[ Tenaga Nasional Berhad ] [ Annual Report 2008 ]260Group2008Financial assetsDeposits and bank balances 4.52 0 0 3.53 0Financial liabilitiesBorrowings 6.61 1.95 3.06 6.60 2.252007Financial assetsDeposits and bank balances 4.52 0 0 3.53 0Financial liabilitiesBorrowings 6.61 1.95 3.06 6.60 2.25