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135
Maxis Berhad
Annual Report 2014
Notes to the
Financial Statements
31 December 2014
17 INTEREST IN SUBSIDIARIES (CONTINUED)
(a) Loans to/(from) subsidiaries - Interest bearing
The terms of the loans are as follows:
Company
2014
2013
Principal
amount
RM’000
Loans out-
standing
RM’000
Principal
amount
RM’000
Loans out-
standing
RM’000
Currency
denomination
Repayment terms
1,200,000 1,205,763
1,200,000 1,205,703
RM
The loan is repayable based on a
scheduled repayment as below:
Months after the
first drawdown
Instalment %
72
27.8
78
35.1
84
37.1
-
-
150,000 150,000
RM
The loan was fully repaid during the financial
year ended 31 December 2014.
1,200,000 1,205,763
1,350,000 1,355,703
(400,000) (400,000)
(400,000)
(400,000)
RM
These loans which are repayable in the
current financial year, were extended for
another year.
The loans to/(from) subsidiaries are unsecured and carry interest rates ranging from 5.00% to 5.18% per annum (2013: 4.85%
to 5.00%) 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 (2013: 30 days).
