NASIONAL BERHAD Integrated Annual Report 2023 290 Accounting Policy Other operating income are the non-core revenue received for sales of goods and services rendered by the Group and the Company. Leasing income is accrued, unless collectability is in doubt. Dividend income is recognised when the shareholders’ rights to receive payment is established. Interest on late payments is the 1.0% late payment interest charge imposed if payment of electricity bill is made later than 30 days after the bill date in accordance with the Licensee Supply Regulations 1990. Accounting policy on gain on disposals of PPE and ROU are disclosed in Note 5 and Note 6 respectively. All others are recognised upon completion of the rendering of services or sales of goods not in the ordinary course of the Group’sand of the Company’s business. 35 OTHER OPERATING INCOME Group Company 2023 RM’million 2022 RM’million 2023 RM’million 2022 RM’million Dividend income from: - Quoted shares 0.8 1.7 0.8 1.6 - Unquoted shares 0.1 0.7 0 0.7 - Subsidiaries 0 0 7.4 102.1 - Associates 0 0 72.8 52.0 Leasing income 40.0 36.8 79.9 58.8 Release of Government development grants (Note 27) 72.5 63.4 0 0 Gain on disposals of PPE 14.3 35.6 14.3 8.3 Gain on disposals of ROU 2.6 7.5 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