Page 219 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 217

Notes to the fiNaNcial statemeNts

46. ISLaMIC BUSINESS FUNDS (cont’d.)
statement of comprehensive income for the year ended 31 December 2022
Group and Bank
2022 2021
Islamic Islamic
business takaful business takaful
fund fund total fund fund total
Note rM’000 rM’000 rM’000 rM’000 rM’000 rM’000
Net (loss)/profit for the year (27,953) 3,722 (24,231) 92,738 2,893 95,631

Other comprehensive income
to be reclassified to profit
or (loss) in subsequent periods:

Fair value changes on FVOCI (10,019) - (10,019) (14,256) - (14,256)
Net other comprehensive
income to be reclassified
to profit or (loss) in
subsequent periods (10,019) - (10,019) (14,256) - (14,256)
Total comprehensive
(loss)/income for the year (37,972) 3,722 (34,250) 78,482 2,893 81,375

statement of changes in Islamic business fund and takaful fund
for the year ended 31 December 2022

Islamic Fair value
banking Accumulated adjustment
Group and Bank fund losses reserve total
rM’000 rM’000 rM’000 rM’000
At 1 January 2021 800,000 (184,364) 2,976 618,612
Net profit for the year - 95,631 - 95,631
Other comprehensive loss - - (14,256) (14,256)
At 31 December 2021/1 January 2022 800,000 (88,733) (11,280) 699,987
Net loss for the year - (24,231) - (24,231)
Other comprehensive loss - - (10,019) (10,019)

At 31 December 2022 800,000 (112,964) (21,299) 665,737