KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 166 KENANGA INVESTMENT BANK BERHAD 8. FINANCIAL INVESTMENTS OTHER THAN THOSE MEASURED AT FVTPL Group and Bank 2018 2017 RM’000 RM’000 (a) Financial instruments at Fair Value Through Other Comprehensive Income (“FVOCI”): Equity instruments: Unquoted Shares in Malaysia 1,754 - Debt instruments: Malaysian Government Securities 40,182 - Malaysian Government Investment Certificates 195,055 - Negotiable Instruments of Deposits 50,000 - Islamic Negotiable Instruments of Deposits 629,165 - Islamic Corporate Sukuk 584,853 - Corporate Bonds 160,667 - 1,659,922 - Total financial instruments at FVOCI 1,661,676 - (i) Impairment losses on financial instruments subject to impairment assessment Debt instruments at FVOCI The table below shows the fair value of the Group’s and the Bank’s debt instruments measured at FVOCI by credit risk, based on the Group’s and the Bank’s internal credit rating system and year-end stage classification. Details of the Group’s and the Bank’s internal grading system are explained in Note 50(a). 2018 Group and Bank Stage 1 Stage 2 Stage 3 Total Internal rating grade RM’000 RM’000 RM’000 RM’000 Investment grade 1,659,922 - - 1,659,922