Page 113 - Exim iar24_Ebook

EXIM BANK MALAYSIA ANNUAL REPORT 2024

7 FINANCIAL STATEMENTS 111
CONSOLIDATED STATEMENT OF FINANCIAL POSITION

AS AT 31 DECEMBER 2024

Group
2024 2023
Note RM’000 RM’000
Assets
Cash and bank balances 4 26,699 15,744
Deposits and placements with banks and other financial institutions 5 1,278,340 1,972,976
Financial investments at fair value through profit or loss (“FVTPL”) 6 5,011 6,377
Financial investments at fair value through other comprehensive income (“FVOCI”) 7 651,955 501,195
Financial investments at amortised cost 8 206,581 233,795
Loans, advances and financing 9 3,282,287 3,160,467
Reinsurance contract assets 10 3,936 9,872
Derivative financial instruments 11 - 63
Other assets 12 30,378 56,918
Deferred tax assets 13 - -
Investment properties 15 760 778
Intangible assets 16 4,245 4,375
Property and equipment 17 57,813 61,225
Right-of-use assets 18 1,135 2,588
Total assets 5,549,140 6,026,373

Liabilities
Borrowings 19 3,356,906 3,841,506
Deposit from a corporate customer 44(h) 10,005 -
Lease liabilities 20 1,161 2,686
Insurance contract/takaful certificates liabilities 10 25,718 36,837
Takaful participants fund 44(i) 6,632 4,151
Other payables and accruals 21 340,383 364,533
Provision for commitments and contingencies 22 17,843 44,412
Derivative financial instruments 11 110,854 143,274
Deferred tax liabilities 13 - -
Deferred income 23 10,218 17,560
Total liabilities 3,879,720 4,454,959

Financed by:
Share capital 24(a) 2,708,665 2,708,665
Redeemable convertible cumulative preference shares (“RCCPS”) 24(b) 250,000 250,000
Fair value adjustment reserve (11,301) (12,219)
Accumulated losses (1,277,944) (1,375,032)
Shareholders’ equity 1,669,420 1,571,414

Total liabilities and shareholders’ fund 5,549,140 6,026,373

Commitments and contingencies 39 945,901 1,178,368

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