KENANGA ANNUAL REPORT 2019

278 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 50. FINANCIAL RISK MANAGEMENT (CONT’D.) (b) Market risk (cont’d.) (i) Interest rate risk (cont’d.) Bank 2018 Up to 1 month RM’000 >1-3 months RM’000 >3-12 months RM’000 >1-5 years RM’000 Over 5 years RM’000 Non interest sensitive RM’000 Trading book RM’000 Total RM’000 Effective interest rate % Assets Cash and bank balances 846,810 125,000 - - - 144,307 - 1,116,117 3.31 Financial assets at FVTPL - - - - - - 188,576 188,576 4.35 Financial instruments at FVOCI 679,164 - 180,278 401,405 399,075 1,754 - 1,661,676 4.10 Financial instruments at AC - 8,716 - 62,461 50,079 - - 121,256 4.96 Derivative financial assets - - - - - 71,992 - 71,992 Loans, advances and financing 1,956,628 19,077 - - - 60 - 1,975,765 7.61 Balances due from clients and brokers - - - - - 296,323 - 296,323 Other assets - - - - - 85,413 - 85,413 Other non interest sensitive balances - - - - - 783,602 - 783,602 Total assets 3,482,602 152,793 180,278 463,866 449,154 1,383,451 188,576 6,300,720 Liabilities Deposits from customers 2,568,521 902,512 942,755 200,000 - - - 4,613,788 3.72 Deposits and placement of banks and other financial institutions 95,016 - - - - - - 95,016 3.72 Borrowings 52,800 - - - 25,000 - - 77,800 4.92 Obligations on securities sold under repurchase agreements 83,067 - - - - - - 83,067 Derivative financial liabilities - - - - - 12,693 - 12,693 Balances due to clients and brokers - - - - - 221,083 - 221,083 Structured product 13,636 - 23,586 - - - - 37,222 14.50 Other non interest sensitive balances - - - - - 232,821 - 232,821 Total liabilities 2,813,040 902,512 966,341 200,000 25,000 466,597 - 5,373,490 Equity - - - - - 927,230 - 927,230 Total liabilities and shareholders' equity 2,813,040 902,512 966,341 200,000 25,000 1,393,827 - 6,300,720 On-balance sheet interest sensitivity gap 669,562 (749,719) (786,063) 263,866 424,154 (10,376) 188,576 - Cumulative interest sensitivity gap 669,562 (80,157) (866,220) (602,354) (178,200) (188,576) - -