Page 114 - EXIM-Bank_Annual-Report-2023

EXIM BANK MALAYSIA
112 A Vision to Serve Empowering Growth Management Discussion and Analysis
ANNUAL REPORT 2023
STaTEmEnT Of PROfIT OR lOSS

for the year ended 31 december 2023

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

Operating revenue 25 250,521 228,486 250,521 228,486

Interest income 26 181,465 175,611 181,465 175,611
Interest expense 27 (149,644) (88,275) (149,644) (88,275)
Net interest income 31,821 87,336 31,821 87,336
Insurance/takaful service results 28 14,071 2,517 14,071 2,517
Income from Islamic business 45 43,030 73,492 43,030 73,492
Other losses 29 (51,891) (52,401) (51,891) (52,401)
Net income 37,031 110,944 37,031 110,944
Overhead expenses 30 (91,393) (71,442) (91,393) (71,442)
Operating (loss)/profit (54,362) 39,502 (54,362) 39,502
Writeback for expected credit losses (“ECL”)
on loans, advances and financing 33 98,567 5,155 98,567 5,155
Writeback for ECL on commitment and contingencies 34 3,058 20,426 3,058 20,426
Writeback/(allowances) for ECL on financial investments 35 585 (126,025) 585 (126,025)
Allowances for ECL on other assets 36 - (23) - (23)
Profit/(loss) before surplus attributable
to takaful participants 47,848 (60,965) 47,848 (60,965)
Surplus attributable to takaful participants 45 (10,818) - (10,818) -

Profit/(loss) before taxation 37,030 (60,965) 37,030 (60,965)
Taxation 37 - - - -
Net profit/(loss) for the year 37,030 (60,965) 37,030 (60,965)

Basic earnings/(loss) per share (sen) 38 1.37 (2.25) 1.37 (2.25)

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