Page 165 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 163

Notes to the fiNaNcial statemeNts

24. PROVISION FOR GUaRaNTEE aND CLaIMS
Group and Bank
Gross Net
rM’000 rM’000
2022
Arising from:
(i) Insurance claims
At 1 January 27,004 27,004
Reversal during the year (Note 29(ii)) (4,249) (4,249)
Paid during the year (Note 27(ii)) - -

At 31 December 22,755 22,755

(ii) Takaful claims
At 1 January 15,448 15,448
Reversal during the year (Note 46) (23) (23)
Paid during the year (450) (450)
At 31 December 14,975 14,975

(iii) Expenses liabilities
At 1 January 599 599
Reversal during the year (3) (3)

At 31 December 596 596

38,326 38,326

2021
(i) Insurance claims
At 1 January 30,723 30,723
Reversal during the year (3,719) (3,719)
Paid during the year (Note 27(ii)) - -
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
Paid during the year - -
Reversal during the year (186) (186)
At 31 December 599 599

43,051 43,051