Page 163 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 161

Notes to the fiNaNcial statemeNts

23. DeFerreD INCoMe
Group and Bank
Gross reinsurance Net
rM’000 rM’000 rM’000
2022
Arising from:
(i) Guarantee and other fees from conventional banking activities
At 1 January 14,188 - 14,188
Addition during the year 2,162 - 2,162
Recognised in profit or loss (5,294) - (5,294)
At 31 December 11,056 - 11,056

(ii) Guarantee and other fees from Islamic banking activities
At 1 January 3,086 - 3,086
Addition during the year 835 - 835
Recognised in profit or loss (862) - (862)
At 31 December 3,059 - 3,059

(iii) Premium liabilities
At 1 January (2,275) 5,821 3,546
Decrease in reserve (1,114) 440 (674)
At 31 December (3,389) 6,261 2,872

(iv) Takaful contribution liabilities
At 1 January 4,748 3,828 8,576
Decrease in reserve (3,803) 956 (2,847)
At 31 December 945 4,784 5,729

11,671 11,045 22,716