KENANGA ANNUAL REPORT 2019

304 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (l) Income derived from investment of depositors’ funds Group and Bank 2019 RM’000 2018 RM’000 Finance income and hibah Financing and advances 4,432 4,312 Deposits and placements with financial institutions 21,387 10,085 Financial investments other than those measured at FVTPL 20,600 28,291 Accretion of discount (710) (716) 45,709 41,972 Other operating income Net gain/(loss) on sale of financial assets at FVTPL 1,226 (51) Net gain on sale of financial investments other than those measured at FVTPL 1,245 1,088 Fees on financing and advances 1,788 1,922 Brokerage fee 2,517 1,376 Profit income 8,287 7,051 Advisory fee 217 313 Placement fee 90 27 Direct trading fees (313) (302) Other non-operating income 44 5 15,101 11,429 60,810 53,401 (m) Income derived from investment of shareholders’ funds Group and Bank 2019 RM’000 2018 RM’000 Finance income and hibah Financing and advances 7,476 8,835 Financial investments other than those measured at FVTPL 687 334 Accretion of (premium)/discount (67) 30 8,096 9,199