Maxis Berhad
Annual Report 2014
148
Notes to the
Financial Statements
31 December 2014
25 FELLOW SUBSIDIARIES AND PENULTIMATE HOLDING COMPANY BALANCES
Group
Company
2014
RM’000
2013
RM’000
2014
RM’000
2013
RM’000
Current asset:
- amounts due from penultimate holding company
259
302
-
36
Current liability:
- amounts due to fellow subsidiaries
(487)
(3,648)
-
-
(228)
(3,346)
-
36
The amounts due from/(to) penultimate holding company and fellow subsidiaries are unsecured, non-interest bearing and with 30
days credit period (2013: 30 days).
26 RELATED PARTIES BALANCES
Group
Note
2014
RM’000
2013
RM’000
Current asset:
- amounts due from related parties
(a)
26,584
23,519
Current liabilities:
- amounts due to related parties
(a)
(24,429)
(23,225)
- loan from a related party
(b)
(28,875)
-
Non-current liability:
- loan from a related party
(b)
-
(28,875)
(a) The amounts due from/(to) related parties are trade in nature, unsecured, interest free and with credit periods of up to 60 days
(2013: up to 60 days).
(b) Loan from a related party is unsecured and is denominated in RM. The principal and interest of the loan were repayable at the
end of five years from the drawdown date of 9 December 2005 and had been extended for another five years, expiring on 9
December 2015, with the outstanding interest at the extension date being capitalised. During the financial year, the Group has
repaid the interest of RM2,228,000 (2013: partially repaid the prinicipal and interest of RM11,586,000). The interest rate as at
the reporting date is 7.85% per annum (2013: 7.60%).
