Page 249 - EXIM-Bank_Annual-Report-2023
P. 249

Management Discussion and Analysis  Ensuring Sustainability  Commitment to Lead  Upholding Accountability  Financial Statements  247


            Notes to the fiNaNcial statemeNts









            45.  ISLAMIC BuSINESS FuNDS (cont’d)
                 Notes to the financial statements for Islamic business fund and Takaful fund for the financial year ended 31 December 2023
                 (cont’d)
                 (r)  Liquidity risk management (cont’d)
                    Measurement (cont’d)

                    The  following  tables  show  the  contractual  undiscounted  cash  flow  payable  for  non-derivatives  financial  liabilities.
                    The financial liabilities in the tables below do not agree to the balances in the statement of financial position as the
                    tables incorporate all contractual cash flows, on an undiscounted basis, relating to both principal and profit payments.
                    The maturity profile does not necessarily reflect behavioural cash flows. (cont’d)
                                                         on     Less than    3 to 12     1 to 5     over 5
                                                     demand     3 months    months       years       years      Total
                                                      rM’000     rM’000     rM’000      rM’000     rM’000     rM’000
                    Islamic business
                    2022

                    Non-derivative financial liabilities
                    Borrowings                             -    388,237      95,153   1,312,361         -   1,795,752
                    Other liabilities                580,984          -          -           -          -     580,984
                    Total financial liabilities      580,984    388,237      95,153   1,312,361         -   2,376,736

                    Commitments and contingencies
                    Banking operation commitments
                    Contracted but not provided for:
                      Guarantee facility               2,152          -          -           -          -       2,152
                      Letter of credit                 1,500          -          -           -          -       1,500
                      Undrawn loans and financing     84,966          -     296,346     48,108     11,848     441,268
                                                      88,618          -     296,346     48,108     11,848     444,920

                    Insurance operation commitments
                    Contracted but not provided for:
                      Within one year                      -          -     326,097          -          -     326,097
                      One year or later and no later
                        than five years                    -          -          -     184,380          -     184,380
                                                           -          -     326,097    184,380          -     510,477

                    Total commitments
                      and contingencies               88,618          -     622,443    232,488     11,848     955,397
   244   245   246   247   248   249   250   251   252   253   254