KENANGA ANNUAL REPORT 2019

224 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 35. BAD DEBTS RECOVERED/(WRITTEN OFF) Group and Bank 2019 RM’000 2018 RM’000 - Loans, advances and financing 3,534 13,730 - Balances due from clients and brokers 196 185 - Other debtors (266) (55) 3,464 13,860 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 2019 RM’000 2018 RM’000 2019 RM’000 2018 RM’000 Transactions Income earned: Brokerage fees: - Key management personnel - 1 - 1 - Related company 895 325 895 325 Corporate advisory fees: - Subsidiaries - - 117 66 Processing fees on loans, advances and financing: - Subsidiaries - - 250 349 Management fee income: - Subsidiary - - 92 17 Other income: - Subsidiary - - 216 128 - Related company 302 313 302 313 Interest on loans, advances and financing: - Subsidiaries - - 4,146 4,282 Group support services charged: - Subsidiaries - - 5,221 4,992