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Notes to the Financial StatementsFOR THE FINANCIAL YEAR ENDED 31 DECEMBER 200917. AMOUNTS DUE TO FORMER HOLDING COMPANYThe former holding company, TM, ceased to be the holding company of the Company upon demerger of the TM Group(as disclosed in Note 6(I)), whilst continuing to have common shareholders with the Company.GroupCompany2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000Advances — 4,063,613 — 4,063,613Advances at 31 December 2008, which were unsecured, consisted of the following:(a)(b)Interest bearing advances of RM4,025.0 million bears interest of 5.90% and 6.72% per annum on RM2,925.0 millionand RM1,100.0 million respectively, which are payable within twelve (12) months from the date of completion ofthe group restructuring; andRM38.6 million is non interest bearing and has no fixed term of repayment.The Group and Company paid RM2,000.0 million and RM2,025.0 million on 31 March 2009 and 24 April 2009respectively and the balance owing to the former holding company was fully paid on 14 May 2009.18. AMOUNTS DUE FROM/(TO) SUBSIDIARIES AND RELATED COMPANIESCurrent portionThe currency exposure profile of the current portion of amounts due from subsidiaries and related companies is asfollows:Amounts due from Amounts due fromsubsidiariesrelated companies2009 2008 2009 2008RM’000 RM’000 RM’000 RM’000Interest bearing 1Singapore Dollar — 578,429 — —Non-interest bearingRinggit Malaysia 40,289 16,762 — —US Dollar 37,743 25,791 201 575Singapore Dollar 609,806 17,758 — —Others — — 1,199 —687,838 638,740 1,400 5751Effective interest rate of 4.39% as at 31 December 2008.Axiata Group Berhad • 226
18. AMOUNTS DUE FROM/(TO) SUBSIDIARIES AND RELATED COMPANIES (Continued)Amounts due from subsidiaries and related companies are unsecured and have no fixed terms of repayment. The relatedcompanies of the Company are its associates and its indirectly held jointly controlled entity.All amounts due to subsidiaries are denominated in Ringgit Malaysia, unsecured, interest free and have no fixed termsof repayment.Non-current portionThe currency exposure profile of the non-current portion of amounts due from subsidiaries is as follows:Amounts due fromsubsidiaries2009 2008RM’000 RM’000Interest bearing 2US Dollar 47,049 48,279Non-interest bearingRinggit Malaysia 4,545,943 3,416,614US Dollar 7,242,017 7,169,32811,835,009 10,634,2212Effective interest rate of 3.93% as at 31 December 2009 (2008: 6.11%)The non-interest bearing amounts due from subsidiaries are unsecured and are treated as an extension of investmentsin subsidiaries and consequently is classified as long term.Annual Report 2009 • 227
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Corporate InformationGROUP COMPANY
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Axiata Group Berhad • 010Tan Sri
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Chairman’s StatementI am pleased
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Chairman’s Statement3 The World B
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Chairman’s StatementDato’ Sri J
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President & GCEO’s Business Revie
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O P E R A T I N G C O M P A N I E S
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Reporting byGeographical LocationMA
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Simplified GroupBalance SheetTotal
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Major Milestones1994February 1994A
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Major Milestones2007June 2007Indoce
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Axiata GalleryAxiata Group Berhad
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Awards & AccoladesAxiata Group Berh
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Feature article:The Future of Mobil
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Strengthin DiversityDiversity is ke
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Axiata’s vision is to be a region
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Major Associates/AffiliatesINDIAIDE
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24.42%Samart I-Mobile PublicCompany
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From left to right:Dato’ Sri Jama
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Dato’ Sri Jamaludin IbrahimAge 51
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Datuk Azzat KamaludinAge 64, Malays
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Dr. Farid Mohamed SaniAge 34, Malay
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From left to right:Dr Hans Wijayasu
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Suryani HusseinGroup Company Secret
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04Michael KuehnerManaging Director
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Profile of Operating Companies’ M
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THE BOARD OF DIRECTORSRole and Resp
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Statement on Corporate GovernanceAx
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Where any direction or decision is
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Statement on Corporate GovernanceAm
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Board CommitteesFour standing Board
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Statement on Corporate GovernanceES
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In ensuring fairness and promoting
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INTRODUCTIONPursuant to Paragraph 1
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Statement on Internal Control1.2 Bo
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A process was introduced in 2009 to
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Statement on Internal Control3.3 Re
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Risks Identified by The GroupAPPEND
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The Board of Directors of Axiata is
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Others• Reviewed and approved Axi
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Board Audit Committee Reportiii)iv)
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iii)iv)Discuss problems and reserva
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Board Audit Committee Reportvii) Re
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7.0 REVIEW & EVALUATION PROCEDURES
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Subscriptions by TechnologYReported
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Business ReviewAbout CelcomCelcom i
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Business ReviewREVENUERM (Billion)E
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EBITDA (RM Million)+ 14.3%+ 6.0%+ 1
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Celcom SuksesPrabayar Celcom Sukses
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Business ReviewAbout XLXL, which st
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REVENUEIDR (Billion)EBITDAIDR (Bill
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EBITDA (IDR Billion)+ 92.5%+ 17.5%+
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Business ReviewAbout DIALOGDialog i
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REVENUESLR (Billion)EBITDASLR (Bill
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EBITDA (SLR Million)+ > 100%+ 19.3%
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Business ReviewAbout ROBIRobi is a
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REVENUEBDT (Billion)EBITDABDT (Bill
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Business ReviewABOUT HELLOA pioneer
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REVENUEUSD (Million)EBITDAUSD (Mill
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Business ReviewABOUT IDEAIdea is a
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REVENUEINR (Billion)EBITDAINR (Bill
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Business ReviewABOUT M1M1 is a lead
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REVENUESGD (Million)EBITDASGD (Mill
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PAKISTANMULTINET PAKISTAN(PRIVATE)
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Feature article:Mobile App Storesa
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AdvancingAsiaAxiata is committed to
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Axiata provides affordableand innov
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Talent AttractionAxiata is also tak
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Corporate ResponsibilityCommunity P
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XL also collaborated with ICT Watch
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156 Directors’ Responsibility Sta
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Directors’ ReportThe Directors ha
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EMPLOYEES SHARE OPTIONS SCHEME (“
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Directors’ ReportDIRECTORS’
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Income StatementsFOR THE FINANCIAL
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Balance SheetsAS AT 31 DECEMBER 200
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Consolidated Statement of Changes i
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Cash Flow StatementsFOR THE FINANCI
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3. BASIS OF PREPARATION OF THE FINA
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Notes to the Financial StatementsFO
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Page 203 and 204: 8(c) DIRECTORS’ REMUNERATIONGroup
Page 207 and 208: 13. SHARE CAPITALGroupCompany2009 2
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Page 225: Notes to the Financial StatementsFO
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45. LIST OF SUBSIDIARIES (CONTINUED
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48. RELATED PARTY TRANSACTIONS (CON
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Statement by DirectorsPURSUANT TO S
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Independent Auditors’ ReportTO TH
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OPERATING COSTSFor FY09 the Group
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Intangible AssetsIntangible assets
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DIRECTORS’ DIRECT AND INDIRECT IN
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Shareholding StatisticsAS AT 30 APR
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No.Compliance Issue6. VARIATION IN
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TransactingCompaniesTransactingRela
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List of Top Ten PropertiesAS AT 31
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Glossary3GThe third generation of m
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LOALimits of AuthorityLTELong Term
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Notice ofAnnual General MeetingNOTI
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Notice of Annual General MeetingNot
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AdministrativeDetails for the 18thA
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Proxy Form(Before completing the fo
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