which are not expected to be received within 12 months from the reporting date. Credit risks are disclosed in Note 45(b) to the financial statements. (b) Non-financial assets primarily relates to deposits and indirect tax receivables which are not expected to be received within 12 months from the reporting date. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 243 Accounting Policy The amounts due from/(to) subsidiaries are financial instruments and its accounting policy is as disclosed in Note 45. 14 AMOUNTS DUE FROM/(TO) SUBSIDIARIES Company Note 2023 RM’million 2022 RM’million Non-current Amounts due from subsidiaries 5,156.6 4,681.8 Less: Loss allowances (271.1) (265.7) (a) 4,885.5 4,416.1 Current Amounts due from subsidiaries 3,394.2 5,909.0 Less: Loss allowances (302.1) (308.2) (b) 3,092.1 5,600.8 Amounts due to subsidiaries (b)(6,944.0) (6,709.1) (a) The amounts due from subsidiaries are mainly in relation to shareholder loans to: (i) TNB Power Generation Sdn. Bhd. (‘TPGSB’) amounting to RM2,572.5 million (2022: RM3,305.9 million), which is based on the Islamic financing structure, for a profit rate of 3.8% per annum repayable over 15 years. (ii) TNB International Sdn. Bhd. (‘TNBI’) amounting to a total of RM1,064.8 million (2022: RM1,025.8 million), which consists of two loans amounting to RM985.8 million and RM79.0 million, with the effective interest rate of 6.7% and 9.2% per annum repayable over 10 and 15 years respectively. (iii) Vantage RE Ltd. (‘VRE’) amounting to RM884.3 million (2022: RM842.0 million), which is based on the Islamic financing structure, for a profit rate of 5.3% (2022: 4.5%) per annum repayable over 2 years. (iv) GSPARX Sdn. Bhd. amounting to a total of RM277.7 million (2022: RM98.1 million), which consist of two loans amounting to RM194.3 million and RM83.4 million, are based on the Islamic financing structure, for a profit rate of 6.5% and 7.5% per annum repayable over 2 years. (b) Amounts due from/(to) subsidiaries classified as current are trade