Page 163 - EXIM_AR2021

ANNUAL REPORT 2021 161

Notes to the fiNaNcial statemeNts

22. PrOvisiOn fOr gUarantee anD claims
Group and Bank
Gross Net
RM’000 RM’000

2021
Arising from:
(i) Insurance claims
At 1 January 30,723 30,723
Reversal during the year (Note 27(ii)) (3,719) (3,719)
At 31 December 27,004 27,004

(ii) Takaful claims
At 1 January 20,193 20,193
Reversal during the year (Note 44) (4,226) (4,226)
Paid during the year (519) (519)

At 31 December 15,448 15,448
(iii) Expenses liabilities
At 1 January 785 785
Reversal during the year (186) (186)
At 31 December 599 599

43,051 43,051

2020
Arising from:
(i) Insurance claims
At 1 January 31,962 31,962
Reversal during the year (Note 27(ii)) (925) (925)
Paid during the year (Note 27(ii)) (314) (314)

At 31 December 30,723 30,723

(ii) Takaful claims
At 1 January 16,240 16,240
Addition during the year (Note 44) 4,023 4,023
Paid during the year (70) (70)
At 31 December 20,193 20,193

(iii) Expenses liabilities
At 1 January 661 661
Addition during the year 124 124

At 31 December 785 785

51,701 51,701