265 ANNUAL REPORT 2022 ACCOUNTABILITY NOTES TO THE FINANCIAL STATEMENTS (CONT’D) For the financial year ended 31 January 2022 5. Critical accounting estimates and judgements (continued) (i) Critical judgement over interest rate benchmark reform (continued) Assumptions made In calculating the change in fair value attributable to the hedged risk of floating-rate debt, the Group has made the following assumptions that reflect its current expectations: • The floating-rate debt will move to SOFR during 2023 and the spread will be similar to the spread included in the interest rate swaps used as the hedging instruments. • No other changes to the terms of the floating-rate debt are anticipated. • The interest rate swap will not be derecognised. 6. Revenue Group Company 2022 2021 2022 2021 RM million RM million RM million RM million Revenue from contracts with customers (Note 6(a)) 2,492 3,626 13 23 Revenue from other sources Chartering of FPSOs, OSVs and tankers 772 1,006 - - Finance lease income 341 214 - - Dividends from subsidiaries and joint ventures - - 172 237 Others 2 3 - - 3,607 4,849 185 260
RkJQdWJsaXNoZXIy NDgzMzc=