Page 174 - EXIM-Bank_Annual-Report-2023

EXIM BANk MALAySIA
172 A Vision to Serve Empowering Growth Management Discussion and Analysis
ANNUAL REPORT 2023
Notes to the fiNaNcial statemeNts

30. ovErhEAD EXPENSES (cont’d)
(ii) Establishment related expenses

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

Depreciation:
- Property and equipment (Note 17) 3,077 3,515
- Investment properties (Note 15) 18 18
- Right-of-use assets (Note 18) 1,586 1,396
Amortisation of intangible assets (Note 16) 1,513 964
Interest expense - lease liabilities 122 144
Rental of equipment 59 56
Repairs and maintenance of property and equipment 6,486 5,835
12,861 11,928

(iii) Promotion and marketing expenses

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

Advertisement and publicity 1,456 1,577

(iv) General administrative expenses
Group and Bank
2023 2022
rM’000 rM’000
restated
Administrative expenses 1,643 1,324
Auditors’ remuneration
- statutory audit 468 468
- regulatory related services 3 3
- other services 55 89
Compensation for termination of a system software 2,000 -
Over-recognition of assets written off - (653)
General expenses 8,962 10,036
Non-Executive directors remuneration (Note 31) 1,365 1,456
Professional fees 5,256 3,042
Others 841 6

20,593 15,771