KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 281 ANNUAL REPORT 2018 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (c) Statements of cash flows For the financial year ended 31 December 2018 Group and Bank 2018 2017 RM’000 RM’000 Cash flows from operating activities Profit before taxation and zakat 13,190 8,164 Adjustments for: Depreciation of plant and equipment (Note 52(o)(ii)) 45 43 Credit loss income (386) (15) Realised loss from sale of financial assets at fair value through profit or loss 297 300 Realised gain from sale of financial investments at FVOCI (Note 52(l)) (1,088) - Realised gain from sale of financial investments available-for-sale (Note 52(l)) - (1) Unrealised gain on revaluation of financial assets at fair value through profit or loss (246) (45) Operating profit before working capital changes 11,812 8,446 Changes in operating assets: Financing and advances (1,728) (16,819) Balances due from clients and brokers 6,568 (7,473) Other assets (3,664) (21,511) Changes in operating liabilities: Deposits from customers 455,462 408,483 Balances due to clients and brokers 334 1,322 Other liabilities 17,152 13,823 Cash generated from operating activities 485,936 386,271 Taxation and zakat paid (2,177) (3,567) Net cash generated from operating activities 483,759 382,704 Cash flows from investing activity Purchase of plant and equipment (30) (10) Net purchase of securities (596,248) (10,669) Net cash flows used in investing activities (596,278) (10,679) Net change in cash and cash equivalents (112,519) 372,025 Cash and cash equivalents at beginning of the financial year 532,663 160,638 Cash and cash equivalents at end of the financial year 420,144 532,663