Page 112 - EXIM-Bank_Annual-Report-2023

EXIM BANK MALAYSIA
110 A Vision to Serve Empowering Growth Management Discussion and Analysis
ANNUAL REPORT 2023
COnSOlIDaTED STaTEmEnT Of fInanCIal POSITIOn

as at 31 december 2023

Group
2023 2022 2021
Note rM’000 rM’000 rM’000
restated restated

Assets
Cash and bank balances 4 15,744 28,986 49,513
Deposits and placements with banks and other financial institutions 5 1,972,976 2,794,741 3,126,776
Financial investments at fair value through profit or loss (“FVTPL”) 6 6 ,377 9,979 -
Financial investments at fair value through other
comprehensive income (“FVOCI”) 7 501,195 277,270 613,625
Financial investments at amortised cost 8 233,795 377,925 494,014
Loans, advances and financing 9 3,160,467 3,017,644 3,301,561
Reinsurance contract assets 10 9,872 13,204 18,246
Derivative financial instruments 11 63 15,887 80,463
Other assets 12 56,918 72,762 74,684
Deferred tax assets 13 - - -
Investment properties 15 778 796 814
Intangible assets 16 4,375 4,255 1,211
Property and equipment 17 61,225 60,907 66,396
Right-of-use assets 18 2,588 3,686 5,007
Total assets 6,026,373 6,678,042 7,832,310

Liabilities
Borrowings 19 3,841,506 4,522,842 5,781,695
Lease liabilities 20 2,686 3,797 5,090
Insurance contract/takaful certificates liabilities 10 36,837 55,012 70,635
Takaful participants fund 45(k) 4,151 - -
Other payables and accruals 21 364,533 310,654 262,848
Provision for commitments and contingencies 22 44,412 45,974 64,876
Derivative financial instruments 11 143,274 183,904 999
Deferred tax liabilities 13 - - -
Deferred income 23 17,560 14,115 17,149
Total liabilities 4,454,959 5,136,298 6,203,292

Financed by:
Share capital 24 (a) 2,708,665 2,708,665 2,708,665
Redeemable convertible cumulative preference shares (“RCCPS”) 24 (b) 250,000 250,000 250,000
Fair value adjustment reserve (12,219) (21,224) (11,280)
Accumulated losses (1,375,032) (1,395,697) (1,318,367)
Shareholders’ funds 1,571,414 1,541,744 1,629,018

Total liabilities and shareholders’ fund 6,026,373 6,678,042 7,832,310

Commitments and contingencies 40 1,827,529 1,228,999 1,858,862

The accompanying notes form an integral part of the financial statements.