KENANGA ANNUAL REPORT 2017

35. (ALLOWANCE FOR)/WRITE BACK OF IMPAIRMENT ON BALANCES DUE FROM CLIENTS AND BROKERS AND OTHER RECEIVABLES Group Bank 2017 RM'000 2016 RM'000 Restated (Note 55) 2017 RM'000 2016 RM'000 Restated (Note 55) Individual allowance on clients and brokers – Made during the financial year (Note 11) (6,262) (5,408) (6,262) (5,408) – Written back during the financial year (Note 11) 6,163 5,975 6,163 5,975 (99) 567 (99) 567 Impaired debts: – Recovered on other receivables 633 453 633 453 – Write off during the financial years – (366) – (366) Impairment allowance on other receivables – Made during the financial year (Note 12) (3,950) (3,134) (2,562) (3,134) – Written back during the financial year (Note 12) 2,815 3,919 2,815 3,919 (1,135) 785 253 785 (601) 1,439 787 1,439 36. SIGNIFICANT RELATED PARTY TRANSACTIONS AND BALANCES In addition to the transactions detailed elsewhere in the financial statements, the Group and the Bank had the following transactions with related parties during the financial year. Group Bank 2017 RM'000 2016 RM'000 2017 RM'000 2016 RM'000 Transactions Income earned: Brokerage fees: – Key management personnel 4 4 4 4 Corporate advisory fees: – Subsidiary – – 39 169 Fees on loans, advances and financing: – Subsidiary – – 270 207 Placement income: – Subsidiary – – – 278 Kenanga Investment Bank Berhad 31 December 2017 156 notes to the financial statements