Page 136 - EXIM-Bank_Annual-Report-2022

134 eXIM BANK MALAYsIA ANNUAL REPORT 2022

Notes to the fiNaNcial statemeNts

7. FINaNCIaL INVESTMENTS aT FaIR VaLUE THROUGH OTHER COMPREHENSIVE INCOME (“FVOCI”)
Group and Bank
2022 2021
rM’000 rM’000
At fair value
Corporate Bonds and Sukuk 377,357 713,680
Less: Allowance for ECL on financial investments (100,087) (100,055)
Total financial investments at FVOCI 277,270 613,625

Included in financial investments at FVOCI are investments to meet the requirement of Sukuk Programme of the Group
amounting to RM29,852,000 (2021: RM92,046,500).
The maturity profile of money market instruments are as follows:

Group and Bank
2022 2021
rM’000 rM’000
Within one year 160,767 302,787
One year to three years 91,371 310,838
Three years to five years 25,132 -
After five years - -
277,270 613,625

Movements in the ECL on financial investments at FVOCI are as follows:

stage 2 stage 3
stage 1 Lifetime eCL Lifetime
12- months not credit eCL credit
eCL impaired impaired total eCL
rM’000 rM’000 rM’000 rM’000
At 1 January 2021 1,110 - 100,000 101,110
Writeback during the year (1,055) - - (1,055)
At 31 December 2021/1 January 2022 55 - 100,000 100,055
Allowance during the year 32 - - 32
At 31 December 2022 87 - 100,000 100,087