Maxis Berhad | Annual Report 2012

Maxis Berhad // Annual Report 2012 138 17 INTEREST IN SUBSIDIARIES (CONTINUED) (a) Loans to subsidiaries - Interest bearing The terms of the loans are as follows: Company 31.12.2012 31.12.2011 1.1.2011 Loans Loans Loans Currency Principal out- Principal out- Principal out- denomi- amount standing amount standing amount standing nation Repayment terms RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 1,200,000 1,205,486 1,200,000 1,205,758 1,200,000 1,205,854 RM The loan is repayable based on a scheduled repayment as below: Months after the first Instalment drawdown % 72 27.8 78 35.1 84 37.1 – – – – 314,500 316,863 RM The loan was fully repaid during the financial year ended 31 December 2011. 120,000 120,430 152,500 153,034 – – RM The loan is repayable in one lump sum on 26 February 2021. However, this loan was partially repaid during the financial year ended 31 December 2012. 1,320,000 1,325,916 1,352,500 1,358,792 1,514,500 1,522,717 The loans to subsidiaries are unsecured and carry interest rates ranging from 3.96% to 5.00% per annum (31.12.2011: 3.99% to 5.00%; 1.1.2011: 5.00% to 5.80%) as at the reporting date. (b) Amounts due from/(to) subsidiaries - Non-interest bearing The amounts due from/(to) subsidiaries are unsecured and with 30 days credit period (31.12.2011: 30 days; 1.1.2011: 30 days). NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2012 Continued