Maxis Berhad
Annual Report 2014
122
Notes to the
Financial Statements
31 December 2014
11 FINANCE INCOME AND COSTS
Group
Company
Note
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
(a) Finance income
Interest income on:
- deposits with licensed banks
44,344
29,361
4,014
4,650
- loans due from subsidiaries
-
-
67,463
62,079
44,344
29,361
71,477
66,729
(b) Finance costs
Accretion of site rectification and
decommissioning works costs and changes in
costs estimate on provision (net)
28
8,816
6,643
-
-
Loss on foreign exchange on bank borrowings
218,431
230,593
218,431
230,593
Interest expense on:
- bank borrowings
229,350
219,994
229,350
219,994
- deferred payment creditors
13,376
3,504
-
-
- finance leases
1,785
926
-
-
- loan from a related party
2,228
2,273
-
-
- loans from subsidiaries
-
-
20,026
9,668
- others
487
1,186
189
1,186
Net fair value gain on cross currency interest
rate swaps and interest rate swaps: cash flow
hedge, reclassified from equity
32(c)
(219,673)
(230,518)
(219,673)
(230,518)
Profit on:
- Commodity Murabahah Term Financing
45,486
-
45,486
-
- Islamic Medium Term Notes
123,519
123,475
123,519
123,475
423,805
358,076
417,328
354,398
