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ANNUAL REPORT 2021 163
Notes to the fiNaNcial statemeNts
24. OPerating revenUe
Operating revenue of the Group and the Bank comprises gross interest income, fee and commission income, income from
insurance operation and income from Islamic banking and Takaful businesses.
Group and Bank
2021 2020
RM’000 RM’000
Banking 145,154 158,112
Insurance and takaful 1 ,560 (1,272)
Recoveries from impaired loans 27,490 23,467
Treasury 501 1,180
174,705 181,487
The timing of revenue recognition by the Group and the Bank are as follows:
Group and Bank
2021 2020
RM’000 RM’000
At a point in time 38,887 28,954
Over a period of time 135,818 152,533
174,705 181,487
25. interest incOme
Group and Bank
2021 2020
RM’000 RM’000
Financial assets at amortised cost
Loans, advances and financing
- Interest income from non-impaired loans 58,576 90,456
- Recoveries from impaired loans 12,430 12,317
- Effects on modification loss, to contractual cash flows
of financial assets - (31,073)
Money at call and deposit placements with banks and
other financial institutions 12,147 27,577
Financial investment at FVOCI and at amortised cost 12,270 12,340
Amortisation of premium, net (227) (218)
Financial assets at FVTPL on net interest on derivatives 42,753 22,263
137,949 133,662
