KENANGA ANNUAL REPORT 2017
22. BALANCES DUE TO CLIENTS AND BROKERS Group Bank 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Balances due to clients and brokers 624,612 857,065 416,960 474,231 Balances due to clients and brokers represent amounts payable in respect of outstanding contracts entered into on behalf of these clients where settlements have yet to be made. 23. DERIVATIVE FINANCIAL LIABILITIES Group and Bank 2017 RM'000 2016 RM'000 At fair value Dual currency investment – Options 118 45 Equity related contracts – Options 36,056 47,361 36,174 47,406 Contract/Notional amount Dual currency investment – Options 18,114 17,407 Equity related contracts – Options 433,635 220,442 451,749 237,849 The contractual or underlying notional amounts of derivative financial liabilities held at fair value through profit or loss reflect the value of transactions outstanding as at reporting date, and do not represent amounts at risk. Kenanga Investment Bank Berhad 31 December 2017 148 notes to the financial statements
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