22) 17,225.2 4,056.1 13,326.6 748.2 The changes in liabilities arising from financing activities have been disclosed in Notes 15, 26 and 27 respectively. The notes set out on pages 213 to 362 form an integral part of these consolidated financial statements. FINANCIAL STATEMENTS Sec 5 213 NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 1 GENERAL INFORMATION The Group and the Company are primarily involved in the business of the generation, transmission, distribution and sales of electricity and those tabulated in Note 49 to these financial statements, which also includes the details of the subsidiaries of the Group. There have been no significant changes in these activities of the Group and of the Company during the financial year. The Group and the Company follow the Incentive Based Regulation (‘IBR’)framework for the regulated business. The Company is a public limited liability company, incorporated and domiciled in Malaysia and is listed on the Main Market of Bursa Malaysia Securities Berhad. The address of the registered office of the Company is Pejabat Setiausaha Syarikat, Tenaga Nasional Berhad (‘TNB’), Tingkat 16, T ower A, TNB Platinum, No. 3, Jalan Bukit Pantai, Bangsar, 59100 Kuala Lumpur, Malaysia. The financial statements of the Group and the Company have been approved for issuance in accordance with a resolution of Board of Directors on 19 March 2024. 2 BASIS OF PREPARATION The financial statements of the Group and of the Company have been prepared in accordance with the provisions of the Malaysian Financial Reporting Standards (‘MFRS’), International Financial Reporting Standards (‘IFRS’) and the requirements of the Companies Act 2016 in Malaysia. The Directors continue to consider it appropriate to adopt the going concern basis of accounting in preparing the financial statements. The financial statements have been prepared under the historical cost convention, except as disclosed in Note 3 and respective notes in the financial statements. The preparation of financial statements in conformity