2.6 7.5 Interest on late payments 234.0 302.1 223.9 292.3 Sundry receipts 74.0 74.0 121.0 117.9 Theft of electricity 149.8 168.2 149.8 168.2 Liquidated damages 62.2 31.4 11.1 6.5 Wheeling charges 8.9 20.2 8.9 20.2 Gain on disposal of an associate 21.3 0 0 0 Insurance recoveries 72.9 28.4 2.7 9.4 Corporate joint income 0 0 151.6 157.8 Operation and maintenance claims 71.7 38.8 0 0 Other income 123.1 131.2 62.5 51.5 948.2 940.0 909.3 1,054.8 Other income comprises primarily income from sales of scrap and rechargeable works. NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 291 Accounting Policy (a) Functional and presentation currency Items included in the financial statements of each of the Group’s entities are measured using the currency of the primary economicenvironment in which the entity operates (the ‘functional currency’). The financial statements are presented in Ringgit Malaysia (‘RM’), which is the Company’s functional and presentation currency. (b) Transactions and balances Foreign currency transactions are translated into the functional currency using the exchange rates prevailing at the dates of the transactions or valuation where items are remeasured. Foreign exchange gains and losses resulting from the settlement of such transactions and from the translation at year end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in the statement of profit or loss. However, exchange differences are deferred in OCI when they are attributable to items that form part of the net investment in a foreign operation. (c) Group companies The results and financial positions of the Group’s entities that have functional currencies which are different from the presentation currency are translated into the presentation currency as follows: (i) Assets and liabilities for each statement of financial position presented are translated at the closing rate at the date of that statement of financial position; (ii) Income and expenses for each statement