KENANGA ANNUAL REPORT 2017

Note Group Bank 2017 RM'000 2016 RM'000 Restated (Note 55) 2017 RM'000 2016 RM'000 Restated (Note 55) Cash flows from operating activities Profit before taxation and zakat 40,619 32,537 61,608 33,613 Adjustments for:- Allowance for impairment on loans, advances and financing 34 366 1,029 171 304 Depreciation of property, plant and equipment 33 13,154 12,390 12,679 11,319 Amortisation of intangible assets – software licence 33 666 970 – – Allowance for/(write back of) impairment on balances due from clients and brokers, and other receivables 35 1,234 (1,352) (154) (1,352) Allowance for impairment on investment in subsidiaries 14 – – 500 – Property, plant and equipment written off 33 364 4,844 329 2,988 Gross dividend income from investments 32(b) (1,897) (2,406) (7,121) (1,772) Loss on disposal of property, plant and equipment 32(c) 21 – 21 – Operating profit before working capital changes carried forward 54,527 48,012 68,033 45,100 Net gain from sale of financial assets at fair value through profit or loss and derivatives (57,370) (59,574) (57,370) (60,814) Net gain from sale of financial investments available- for-sale (2,868) (21,620) (2,868) (21,620) Unrealised loss on revaluation of financial assets at fair value through profit or loss and derivatives 7,632 18,650 7,632 18,650 Share of results of associates and joint venture 13,356 549 – – Operating gain/(loss) before working capital changes 15,277 (13,983) 15,427 (18,684) (Increase)/decrease in operating assets: Loans, advances and financing (90,283) (176,549) (114,364) (187,525) Other assets 111,869 (20,330) 8,599 25,823 Statutory deposit with Bank Negara Malaysia (16,682) 21,249 (16,682) 21,249 Balances due from clients and brokers (49,978) 12,889 (49,978) 12,889 Trust monies and deposits 5 (18,523) 223,206 (2,477) 6,196 Increase/(decrease) in operating liabilities: Other liabilities 96,123 (19,833) 54,387 (18,719) Balances due to clients and brokers (232,453) (39,237) (57,271) 119,898 Deposits from customers 947,887 69,488 922,571 67,517 Deposits and placements of banks and other financial institutions (340,192) (24,205) (340,192) (24,205) Obligations on securities sold under repurchase agreements 47,740 (68,057) 47,740 (68,057) Cash generated from/(used in) operations 470,785 (35,362) 467,760 (63,618) Taxation and zakat paid (16,002) (11,497) (15,272) (11,277) Net cash generated from/(used in) operating activities 454,783 (46,859) 452,488 (74,895) Annual Report 2017 95 STATEMENTS OF CASH FLOWS For the financial year ended 31 December 2017