Page 113 - EXIM-Bank_Annual-Report-2023

Management Discussion and Analysis Ensuring Sustainability Commitment to Lead Upholding Accountability Financial Statements 111

STaTEmEnT Of fInanCIal POSITIOn

as at 31 december 2023

Bank
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 in subsidiaries 14 64,129 64,129 64,129
Investment properties 15 778 796 814
Intangible assets 16 4,375 4,255 1,211
Property and equipment 17 6 1,225 60,907 66,396
Right-of-use assets 18 2,588 3,686 5,007
Total assets 6,090,502 6,742,171 7,896,439

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 21 364,559 310,677 262,865
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
Amount due to subsidiaries 41 64,108 64,111 64,117
Total liabilities 4,519,093 5,200,432 6,267,426

Financed by:
Share capital 24(a) 2,708,665 2,708,665 2,708,665
RCCPS 24(b) 250,000 250,000 250,000
Fair value adjustment reserve (12,219) (21,224) (11,280)
Accumulated losses (1,375,037) (1,395,702) (1,318,372)
Shareholders’ funds 1,571,409 1,541,739 1,629,013

Total liabilities and shareholders’ fund 6,090,502 6,742,171 7,896,439

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

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