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BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 (CONTINUED) Company 2019 RM'million NON CURRENT ASSETS Property, plant and equipment Right-of-use assets Subsidiaries Joint ventures Associates Goodwill on consolidation Investment in unquoted debt security Tax recoverable Deferred tax assets Long tem receivables Amounts due fom subsidiaries Finance lease receivables Prepaid operating leases Financial assets at FVOCI Company 2019 RM'million 71,345.7 CURRENT LIABILITIES Payables (6,085.6 70,806.3 6,796.9 Contract liabilities (281.1) Derivative financial instruments Lease liabilities (0.2) (4,904.5) 50.6 (867.7) Amounts due to subsidiaries Amounts due to associates Amount due to joint venture Current tax liabilities Employee benefits Consumer deposits Short term borTowings 12.0 (278.6) 1,765.1 (43.3) (739.0) 71.7 645.6 (5,880.5) (999.7) (20,080.2) 58.2 NET CURRENT ASSETS 645.6 Contract cost assets Financial assets at fair value through profit or loss ('FVTPL') Derivative financial instruments TOTAL ASSETS LESS CURRENT LIABILITIES 152,284.0 86.3 NON-CURRENT LIABILITIES Borrowings Derivative financial instruments Contract liabilities Government development grants Lease liabilities Deferred tax liabilities other liabilities Employee benefits 151,638.4 (18,488.4) CURRENT ASSETS 491.9 (2,709.0) Inventories Receivables, deposits and prepayments 3,127.4 Contract assets Contract cost assets Tax recoverable Finance lease receivables (62,534.4) (6,486.4) (657.0) (11,914.1) 3,356.8 794.2 (102,789.3) Prepaid operating leases aung Amounts due from subsidiaries 49,494.1 2,957.5 TOTAL NET ASSETS Amounts due from joint ventures Amounts due from associates Derivative financial instruments Financial assets at FVTPL Deposits, bank and cash balances EQUITY Share capital Other reserves Retained profits 2.6 11,446. (6,510.3) 44,558. 7,248.1 2,747.3 CAPITAL AND RESERVES ATTRIBUTABLE TO OWNERS OF THE СОMPANY NON-CONTROLLING INTERESTS 20,725.8 49,494.1 TOTAL EQUITY 49,494.

BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 (CONTINUED) Company 2019 RM'million NON CURRENT ASSETS Property, plant and equipment Right-of-use assets Subsidiaries Joint ventures Associates Goodwill on consolidation Investment in unquoted debt security Tax recoverable Deferred tax assets Long tem receivables Amounts due fom subsidiaries Finance lease receivables Prepaid operating leases Financial assets at FVOCI Company 2019 RM'million 71,345.7 CURRENT LIABILITIES Payables (6,085.6 70,806.3 6,796.9 Contract liabilities (281.1) Derivative financial instruments Lease liabilities (0.2) (4,904.5) 50.6 (867.7) Amounts due to subsidiaries Amounts due to associates Amount due to joint venture Current tax liabilities Employee benefits Consumer deposits Short term borTowings 12.0 (278.6) 1,765.1 (43.3) (739.0) 71.7 645.6 (5,880.5) (999.7) (20,080.2) 58.2 NET CURRENT ASSETS 645.6 Contract cost assets Financial assets at fair value through profit or loss ('FVTPL') Derivative financial instruments TOTAL ASSETS LESS CURRENT LIABILITIES 152,284.0 86.3 NON-CURRENT LIABILITIES Borrowings Derivative financial instruments Contract liabilities Government development grants Lease liabilities Deferred tax liabilities other liabilities Employee benefits 151,638.4 (18,488.4) CURRENT ASSETS 491.9 (2,709.0) Inventories Receivables, deposits and prepayments 3,127.4 Contract assets Contract cost assets Tax recoverable Finance lease receivables (62,534.4) (6,486.4) (657.0) (11,914.1) 3,356.8 794.2 (102,789.3) Prepaid operating leases aung Amounts due from subsidiaries 49,494.1 2,957.5 TOTAL NET ASSETS Amounts due from joint ventures Amounts due from associates Derivative financial instruments Financial assets at FVTPL Deposits, bank and cash balances EQUITY Share capital Other reserves Retained profits 2.6 11,446. (6,510.3) 44,558. 7,248.1 2,747.3 CAPITAL AND RESERVES ATTRIBUTABLE TO OWNERS OF THE СОMPANY NON-CONTROLLING INTERESTS 20,725.8 49,494.1 TOTAL EQUITY 49,494.

Cornerstones of Financial Accounting
Cornerstones of Financial Accounting
4th Edition
ISBN:9781337690881
Author:Jay Rich, Jeff Jones
Publisher:Jay Rich, Jeff Jones
Chapter12: Fainancial Statement Analysis
Section: Chapter Questions
Problem 98.3C
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1. Evaluation of the company financial statement.
BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 (CONTINUED) Company 2019 RM'million Company 2019 RM'million NON-CURRENT ASSETS Property, plant and equipment Right-of-use assets Subsidiaries Joint ventures Associates Goodwill on consolidation Investment in unquoted debt security Tax recoverable Deferred tax assets Long term receivables Amounts due from subsidiaries Finance lease receivables Prepaid operating leases Financial assets at FVOCI 71,345.7 (6,085.6 CURRENT LIABILITIES Payables Contract liabilities Derivative financial instruments Lease liabilities Amounts due to subsidiaries Amounts due to associates Amount due to joint venture Current tax liabilities Employee benefits Consumer deposits Short term borTowings 70,806.3 6,796.9 (281.1) (0.2) (4,904.5) (867.7) (278.6) 50.6 12.0 1,765.1 (43.3) (739.0) (5,880.5) (999.7) 71.7 645.6 (20,080.2) 58.2 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 645.6 Contract cost assets Financial assets at fair value through profit or loss ('FVTPL') Derivative financial instruments 152,284.0 86.3 NON-CURRENT LIABILITIES Bопоwings Derivative financial instruments 151,638.4 (18,488.4) CURRENT ASSETS Inventories Receivables, deposits and prepayments Contract assets Contract cost assets Tax recoverable Finance lease receivables Prepaid operating leases Amounts due from subsidiaries Amounts due from joint ventures Amounts due from associates (2,709.0) Contract liabilities Government development grants Lease liabilities Deferred tax liabilities Other liabilities Employee benefits 491.9 3,127.4 (62,534.4) (6,486.4) 3,356.8 (657.0) (11,914.1) 794.2 (102,789.3) 49,494. 2,957.5 TOTAL NET ASSETS EQUITY Share capital Other reserves Retained profits CAPITAL AND RESERVES ATTRIBUTABLE TO OWNERS OF THE СOMPANY 2.6 11,446. Derivative financial instruments Financial assets at FVTPL Deposits, bank and cash balances (6,510.3) 44,558. 7,248.1 2,747.3 20,725.8 49,494. NON CONTROLLING INTERESTS TOTAL EQUITY 49,494.
Transcribed Image Text:BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 BALANCE SHEET OF TENAGA NASIONAL BERHAD AS AT 31 DECEMBER 2019 (CONTINUED) Company 2019 RM'million Company 2019 RM'million NON-CURRENT ASSETS Property, plant and equipment Right-of-use assets Subsidiaries Joint ventures Associates Goodwill on consolidation Investment in unquoted debt security Tax recoverable Deferred tax assets Long term receivables Amounts due from subsidiaries Finance lease receivables Prepaid operating leases Financial assets at FVOCI 71,345.7 (6,085.6 CURRENT LIABILITIES Payables Contract liabilities Derivative financial instruments Lease liabilities Amounts due to subsidiaries Amounts due to associates Amount due to joint venture Current tax liabilities Employee benefits Consumer deposits Short term borTowings 70,806.3 6,796.9 (281.1) (0.2) (4,904.5) (867.7) (278.6) 50.6 12.0 1,765.1 (43.3) (739.0) (5,880.5) (999.7) 71.7 645.6 (20,080.2) 58.2 NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES 645.6 Contract cost assets Financial assets at fair value through profit or loss ('FVTPL') Derivative financial instruments 152,284.0 86.3 NON-CURRENT LIABILITIES Bопоwings Derivative financial instruments 151,638.4 (18,488.4) CURRENT ASSETS Inventories Receivables, deposits and prepayments Contract assets Contract cost assets Tax recoverable Finance lease receivables Prepaid operating leases Amounts due from subsidiaries Amounts due from joint ventures Amounts due from associates (2,709.0) Contract liabilities Government development grants Lease liabilities Deferred tax liabilities Other liabilities Employee benefits 491.9 3,127.4 (62,534.4) (6,486.4) 3,356.8 (657.0) (11,914.1) 794.2 (102,789.3) 49,494. 2,957.5 TOTAL NET ASSETS EQUITY Share capital Other reserves Retained profits CAPITAL AND RESERVES ATTRIBUTABLE TO OWNERS OF THE СOMPANY 2.6 11,446. Derivative financial instruments Financial assets at FVTPL Deposits, bank and cash balances (6,510.3) 44,558. 7,248.1 2,747.3 20,725.8 49,494. NON CONTROLLING INTERESTS TOTAL EQUITY 49,494.
INCOME STATEMENT OF TENAGA NASIONAL BERHAD FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Company 2019 RM’million Revenue 47,242. Operating expenses Net loss on impairment of financial instruments Other operating income Operating profit Foreign exchange gain/(loss) Share of results of joint ventures Share of results of associates (41,523.3) (586.6) 1,430.1 6,562. 66.0 Profit before finance cost Finance income Finance cost Fair value changes of financial instruments Profit before taxation and zakat Taxation and zakat Profit for the financial year 6,628. 384.7 (4,122.8) (18.0) 2,872.: (907.5) 1,965. Profit attributable to: Owners of the Company Non-controlling interests ('NCI') 1,965. Profit for the financial year 1,965. Earnings per share: Basic Diluted
Transcribed Image Text:INCOME STATEMENT OF TENAGA NASIONAL BERHAD FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 Company 2019 RM’million Revenue 47,242. Operating expenses Net loss on impairment of financial instruments Other operating income Operating profit Foreign exchange gain/(loss) Share of results of joint ventures Share of results of associates (41,523.3) (586.6) 1,430.1 6,562. 66.0 Profit before finance cost Finance income Finance cost Fair value changes of financial instruments Profit before taxation and zakat Taxation and zakat Profit for the financial year 6,628. 384.7 (4,122.8) (18.0) 2,872.: (907.5) 1,965. Profit attributable to: Owners of the Company Non-controlling interests ('NCI') 1,965. Profit for the financial year 1,965. Earnings per share: Basic Diluted
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