balances in relation to current year (202.0) (203.3) (15.0) (11.0) (436.6) (422.4) (233.4) (229.3) NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 TENAGA NASIONAL BERHAD Integrated Annual Report 2023 250 17 CONTRACT BALANCES (CONTINUED) (iii) Unsatisfied performance obligations in long term contracts The following table shows unsatisfied performance obligations resulting from long term contracts: Group Company 2023 RM’million 2022 RM’million 2023 RM’million 2022 RM’million Aggregate amount of the transaction price allocated to contracts that are partially or fully unsatisfied 5,788.3 5,103.1 4,896.2 4,276.8 Management expects 5.0% (2022: 5.5%) of the transaction price allocated to the unsatisfied contracts will be recognised as revenue during the next financial year. The remaining 95.0% (2022: 94.5%) will be recognised from financial years 2025 to 2043. In respect of the supply of electricity, theGroup and the Company applied the practical expedient to not disclose information related to the transaction price allocated to the remaining performance obligations, on the basis that revenue is recognised from the satisfaction of the performance obligations upon the consumption of electricity by the customers. All contracts for period of one year or less are billed based on services provided. The transaction price allocated to these unsatisfied contracts is not disclosed. 18 FINANCIAL ASSETS AT FVTPL Group Company 2023 RM’million 2022 RM’million 2023 RM’million 2022 RM’million Financial assets at FVTPL 1,650.0 8,196.6 1,369.4 6,276.0 Current 1,614.1 8,141.0 1,336.0 6,222.9 Non-current 35.9 55.6 33.4 53.1 1,650.0 8,196.6 1,369.4 6,276.0 Financial assets at FVTPL mainly represent investments in unit trusts and students’ loans. Credit risks relating to financial assets at FVTPL are disclosed in Note 45(b) to the financial statements. Accounting Policy Financial assets at FVTPL are financial instruments and the accounting policy is disclosed in Note 45. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL