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.

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
icon
Related questions
Question
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
Expert Solution
steps

Step by step

Solved in 4 steps

Blurred answer
Knowledge Booster
Accounting Principles
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, accounting and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
FINANCIAL ACCOUNTING
FINANCIAL ACCOUNTING
Accounting
ISBN:
9781259964947
Author:
Libby
Publisher:
MCG
Accounting
Accounting
Accounting
ISBN:
9781337272094
Author:
WARREN, Carl S., Reeve, James M., Duchac, Jonathan E.
Publisher:
Cengage Learning,
Accounting Information Systems
Accounting Information Systems
Accounting
ISBN:
9781337619202
Author:
Hall, James A.
Publisher:
Cengage Learning,
Horngren's Cost Accounting: A Managerial Emphasis…
Horngren's Cost Accounting: A Managerial Emphasis…
Accounting
ISBN:
9780134475585
Author:
Srikant M. Datar, Madhav V. Rajan
Publisher:
PEARSON
Intermediate Accounting
Intermediate Accounting
Accounting
ISBN:
9781259722660
Author:
J. David Spiceland, Mark W. Nelson, Wayne M Thomas
Publisher:
McGraw-Hill Education
Financial and Managerial Accounting
Financial and Managerial Accounting
Accounting
ISBN:
9781259726705
Author:
John J Wild, Ken W. Shaw, Barbara Chiappetta Fundamental Accounting Principles
Publisher:
McGraw-Hill Education