Content2011 - PETRONAS Gas Berhad

Notes to the Financial Statements
31 MarCh 2011
28. Capital Commitments
174 petronas gas berhad (101671-h)
Outstanding commitments in respect of capital expenditure at reporting date not provided for in the financial statements are:
Property, plant and equipment:
Approved and contracted for
Group Company
2011 2010 2011 2010
RM’000 RM’000 RM’000 RM’000
Less than one year 1,168,795 96,199 1,031,065 50,933
Between one and five years 2,092,600 60,113 1,150,044 23,579
Approved but not contracted for
Less than one year 147,519 75,405 132,426 75,405
Between one and five years 481,060 1,323,025 169,282 1,323,025
29. Related Party Transactions
3,889,974 1,554,742 2,482,817 1,472,942
For the purposes of these financial statements, parties are considered to be related to the Group or the Company if the Group or the
Company has the ability, directly or indirectly, to control the party or exercise significant influence over the party in making financial and
operating decisions, or vice versa, or where the Group or the Company and the party are subject to common control or common significant
influence. Related parties may be individuals or other entities.
In addition to the transactions detailed elsewhere in the financial statements, the Company had the following transactions with related
parties during the financial year:
2011 2010
Group/Company RM’000 RM’000
Holding company:
Throughput fee income 2,723,977 2,475,042
Purchase of fuel gas (338,171) (758,091)
Rental of office premises (6,699) (5,610)
Management fees (737) (737)
Fees for representation in the Board of Directors (205) –
Related companies:
Aromatics Malaysia Sdn. Bhd.
Sale of industrial utilities
Vinyl Chloride (Malaysia) Sdn. Bhd.
37,331 37,672
Sale of industrial utilities
PETRONAS Ammonia Sdn. Bhd.
57,038 53,759
Sale of industrial utilities
MTBE Malaysia Sdn. Bhd.
94,250 98,207
Sale of industrial utilities
Petlin (Malaysia) Sdn. Bhd.
92,098 89,393
Sale of industrial utilities 64,730 53,301