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152 EXIM BANK MALAYSIA
Annual Report 2020

NOTES TO THE FINANCIAL STATEMENTS

22. PROVISION FOR GUARANTEE AND CLAIMS
Group and Bank
Gross Net
RM’000 RM’000
2020
Arising from:
(i) Insurance claims
At 1 January 31,962 31,962
Reversal during the year (Note 27(ii)) (925) (925)
Paid during the year (Note 27(ii)) (314) (314)

At 31 December 30,723 30,723
(ii) Takaful claims
At 1 January 16,240 16,240
Addition during the year (Note 44) 4,023 4,023
Paid during the year (70) (70)
At 31 December 20,193 20,193
(iii) Expenses liabilities
At 1 January 661 661
Addition during the year 124 124
At 31 December 785 785
51,701 51,701

2019
Arising from:
(i) Insurance claims
At 1 January 11,980 11,980
Addition during the year 28,328 28,328
Paid during the year (Note 27(ii)) (8,346) (8,346)
At 31 December 31,962 31,962
(ii) Takaful claims
At 1 January 6,669 6,669
Addition during the year (Note 44) 9,571 9,571
At 31 December 16,240 16,240
(iii) Expenses liabilities
At 1 January 283 283
Paid during the year (15) (15)
Addition during the year 393 393
At 31 December 661 661

48,863 48,863