KENANGA ANNUAL REPORT 2019

242 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 48. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (CONT’D.) The carrying amounts and the fair values of the financial assets and liabilities of the Group and the Bank are as follows (cont’d.): Bank 2019 2018 Carrying amount RM’000 Fair value RM’000 Carrying amount RM’000 Fair value RM’000 Financial assets Cash and bank balances 1,877,150 1,877,150 1,116,117 1,116,117 Financial assets at fair value through profit or loss 326,560 326,560 188,576 188,576 Financial investments at fair value through other comprehensive income 795,081 795,081 1,661,676 1,661,676 Financial investments at amortised cost 112,756 112,756 121,256 125,156 Derivative financial assets 65,174 65,174 71,992 71,992 Loans, advances and financing 2,039,517 2,040,578 1,975,765 1,973,758 Balances due from clients and brokers 280,357 280,357 296,323 296,323 Other assets, excluding prepayments 104,793 104,793 67,974 67,974 Statutory deposit with Bank Negara Malaysia 99,164 99,164 116,619 116,619 Financial liabilities Deposits from customers 4,119,352 4,119,352 4,613,788 4,613,788 Deposits and placements of banks and other financial institutions 650,718 650,718 95,016 95,016 Balances due to clients and brokers 304,880 304,880 221,083 221,083 Derivative financial liabilities 13,416 13,416 12,693 12,693 Other liabilities, excluding deposits 233,633 233,633 220,934 220,934 Obligations on securities sold under repurchase agreements - - 83,067 83,067 Borrowings 66,600 62,148 77,800 72,908