KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 161 ANNUAL REPORT 2018 5. TRANSITION DISCLOSURES The following tables set out the impact of adopting MFRS 9 on the statements of financial position. A reconciliation between the carrying amounts under MFRS 139 to the balances reported under MFRS 9 as of 1 January 2018 is, as follows: MFRS 139 Re-classification Remeasurement MFRS 9 Group Note Category Amount ECL Other Amount Category Financial assets RM’000 RM’000 RM’000 RM’000 RM’000 Cash and bank balances L&R 1 1,347,517 - - - 1,347,517 AC 2 Financial assets at fair value through profit or loss FVTPL 557,568 - - - 557,568 FVTPL (mandatory) Debt instruments at fair value through other comprehensive income A N/A 1,009,677 (17) 17 1,009,677 FVOCI Equity instruments at fair value through other comprehensive income B N/A 490 - 1,264 1,754 FVOCI Debt instruments at amortised cost C N/A 38,001 (1,016) - 36,985 AC Financial investments available- for-sale A&B AFS 1,010,167 (1,010,167) - - - Financial investments held-to- maturity C HTM 38,001 (38,001) - - - Derivative financial assets FVTPL 67,393 - - - 67,393 FVTPL (mandatory) Loans, advances and financing L&R 2,195,501 - (667) - 2,194,834 AC Balances due from clients and brokers L&R 494,883 - - - 494,883 AC Other assets L&R 118,417 - - - 118,417 AC Statutory deposit with Bank Negara Malaysia L&R 116,186 - - - 116,186 AC 5,945,633 - (1,700) 1,281 5,945,214 Non-financial assets Deferred tax assets D 10,006 - 408 (307) 10,107 Total assets 5,955,639 - (1,292) 974 5,955,321