Page 107 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 105

STATEmENT OF

PROFIT OR LOSS
For the year ended 31 December 2022

Group Bank
Note 2022 2021 2022 2021
rM’000 rM’000 rM’000 rM’000
Operating revenue 26 228,126 174,705 228,126 174,705

Interest income 27 184,353 137,949 184,353 137,949
Interest expense 28 (97,017) (101,310) (97,017) (101,310)
Net interest income 87,336 36,639 87,336 36,639
Underwriting results 29 5,729 4,769 5,729 4,769
Income from Islamic business 46 74,496 119,508 74,496 119,508
Other (losses)/income 30 (53,907) 4,533 (53,907) 4,533
Net income 113,654 165,449 113,654 165,449
Overhead expenses 31 (79,664) (83,844) (79,664) (83,844)
Operating profit 33,990 81,605 33,990 81,605
Writeback/(Allowances) for expected credit losses (“ECL”)
on loans, advances and financing 34 5,155 (47,107) 5,155 (47,107)
Writeback for ECL on commitment and contingencies 35 20,426 19,754 20,426 19,754
Allowances for ECL on financial investments 36 (126,025) (3,145) (126,025) (3,145)
Allowances for ECL on other assets 37 (23) - (23) -
(Loss)/Profit before taxation (66,477) 51,107 (66,477) 51,107
Taxation 38 - - - -
Net (loss)/profit for the year (66,477) 51,107 (66,477) 51,107

Basic (loss)/earnings per share (sen) 39 (2.45) 1.89 (2.45) 1.89

The accompanying notes form an integral part of the financial statements.