Page 115 - Exim iar24_Ebook

EXIM BANK MALAYSIA ANNUAL REPORT 2024

7 FINANCIAL STATEMENTS 113
STATEMENTS OF PROFIT OR LOSS

FOR THE YEAR ENDED 31 DECEMBER 2024

Group Bank
2024 2023 2024 2023
Note RM’000 RM’000 RM’000 RM’000
Restated Restated
Operating revenue 25 298,958 282,358 298,958 282,358

Interest income 26 205,216 210,316 205,216 210,316
Interest expense 27 (147,536) (149,644) (147,536) (149,644)
Net interest income 57,680 60,672 57,680 60,672
Insurance/takaful service results 28 6,557 14,071 6,557 14,071
Income from Islamic business 44 72,407 46,016 72,407 46,016
Other income/(losses), net 29 30,149 (51,891) 30,149 (51,891)
Net income 166,793 68,868 166,793 68,868
Overhead expenses 30 (97,412) (91,393) (97,412) (91,393)

Operating profit/(loss) 69,381 (22,525) 69,381 (22,525)
Writeback for expected credit losses (“ECL”)
on loans, advances and financing 33 65,923 66,730 65,923 66,730
Writeback for ECL on commitment and contingencies 34 5,442 3,058 5,442 3,058
(Allowance)/writeback for ECL on financial investments 35 (24,770) 585 (24,770) 585
Profit before surplus attributable to takaful participants 115,976 47,848 115,976 47,848
Surplus attributable to takaful participants 44 (2,481) (10,818) (2,481) (10,818)
Profit before taxation 113,495 37,030 113,495 37,030
Taxation 36 - - - -
Net profit for the year 113,495 37,030 113,495 37,030

Basic earnings per share (sen) 37 4.19 1.37 4.19 1.37

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