Page 170 - EXIM-Bank_Annual-Report-2022

168 eXIM BANK MALAYsIA ANNUAL REPORT 2022

Notes to the fiNaNcial statemeNts

31. overheAD eXPeNses
Group and Bank
2022 2021
Note rM’000 rM’000
Personnel costs (i) 47,652 52,117
Establishment related expenses (ii) 12,600 10,458
Promotion and marketing expenses (iii) 1,682 839
General administrative expenses (iv) 17,730 20,430

79,664 83,844

(i) Personnel costs
Group and Bank
2022 2021
rM’000 rM’000
Salaries, allowances and bonuses 35,836 38,489
Defined contribution plan 5,069 7,241
Other staff related expenses 6,747 6,387
47,652 52,117

(ii) Establishment related expenses

Group and Bank
2022 2021
rM’000 rM’000
Depreciation:
- Property and equipment (Note 17) 3,515 3,043
- Investment properties (Note 15) 18 18
- Right-of-use assets (Note 18) 1,396 1,184
Amortisation of intangible assets (Note 16) 964 1,086
Rental of equipment 62 131
Interest expense - lease liabilities 153 160
Repairs and maintenance of property and equipment 6,492 4,836
12,600 10,458

(iii) Promotion and marketing expenses

Group and Bank
2022 2021
rM’000 rM’000
Advertisement and publicity 1,682 839