25,323.7 25,119.7 T otal borrowings 61,770.2 63,882.2 29,678.1 36,231.9 * Included in the bonds are borrowings taken up by a subsidiary for the Company: Company 2023 RM’million 2022 RM’million Current 50.2 48.2 Non-current 6,880.3 6,607.5 6,930.5 6,655.7 The short term borrowings carry interest at rates ranging from 0.8% to 8.0% (2022: 0.8% to 8.0%) per annum for the Group and from 0.8% to 7.7% (2022: 0.8% to 7.7%) per annum for the Company. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 TENAGA NASIONAL BERHAD Integrated Annual Report 2023 268 26 BORROWINGS (CONTINUED) Group Company 2023 RM’million 2022 RM’million 2023 RM’million 2022 RM’million Portion of borrowings due within 1 year: - Short term loans 4,659.3 6,056.7 4,019.1 5,384.8 - Bankers’ acceptances 55.2 687.6 0 595.6 - Term loans 1,223.8 4,535.8107.9 3,641.9 - Bonds 1,392.3 1,982.1 227.4 1,489.9 7,330.6 13,262.2 4,354.4 11,112.2 Borrowings repayable after 1 year: - After 1 and up to 2 years 3,344.3 1,157.7 1,641.0 106.3 - After 2 and up to 5 years 12,598.6 8,275.1 7,491.7 5,098.4 - After 5 and up to 10 years 11,699.6 13,663.9 4,488.9 7,104.9 - After 10 and up to 20 years 22,258.0 22,069.7 10,152.8 11,274.5 - After 20 and up to 30 years 4,102.3 5,006.8 1,200.0 1,200.0 - After 30 years 436.8 446.8 349.3 335.6 54,439.6 50,620.0 25,323.7 25,119.7 T otal borrowings 61,770.2 63,882.2 29,678.1 36,231.9 Group 2023 RM’million 2022 RM’million Net book values of assets pledged as security for borrowings: Machinery, lines and equipment 29,442.4 29,457.6 Buildings 3,161.0 3,240.4 Land 481.8 440.0 33,085.2 33,138.0 (a) Term loans (i) Term Loans - Japan Bank for International Cooperation On 4 March 1999, the Company obtained an unsecured JPY49.1 billion term loan at fixed interest rate of 0.8% per annum. The facility will mature on 20 March 2039 with 40 years tenure. The facility was used to finance the implementation of the Port Dickson (Tuanku Jaafar) Power Station Rehabilitation Project. The term loan is guaranteed by the Government of Malaysia. On 31 March