KENANGA ANNUAL REPORT 2020

125 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD STATEMENT OF FINANCIAL POSITION As at 31 December 2020 Bank Note 2020 RM’000 2019 RM’000 Assets Cash and bank balances 5 1,378,646 1,877,150 Financial assets at fair value through profit or loss 6 539,931 326,560 Debt instruments at fair value through other comprehensive income 7(a) 769,742 793,993 Equity instruments at fair value through other comprehensive income 7(a) 1,990 1,088 Debt instruments at amortised cost 7(b) 193,035 112,756 Derivative financial assets 8 95,571 65,174 Loans, advances and financing 9 1,856,996 2,039,517 Balances due from clients and brokers 10 545,057 280,357 Other assets 11 94,712 122,564 Statutory deposit with Bank Negara Malaysia 12 58,398 99,164 Tax recoverable 33,210 20,246 Investments in subsidiaries 13 70,135 70,135 Investment in an associate 14 56,235 56,235 Investment in a joint venture 15 40,000 40,000 Property, plant and equipment 16 160,637 166,710 Intangible assets 17 324,394 320,712 Right-of-use assets 18 21,336 23,745 Deferred tax assets 19 8,722 - Total assets 6,248,747 6,416,106 Liabilities Deposits from customers 20 3,042,843 4,119,352 Deposits and placements of banks and other financial institutions 21 1,066,085 650,718 Balances due to clients and brokers 22 405,191 304,880 Derivative financial liabilities 23 137,480 13,416 Other liabilities 24 360,645 269,026 Borrowings 25 152,400 66,600 Lease liabilities 26 21,442 23,436 Provision for taxation and zakat 38,650 12,052 Deferred tax liabilities 19 - 657 Total liabilities 5,224,736 5,460,137 Equity Share capital 27 246,249 246,249 Treasury shares 27 (10,458) (16,990) Reserves 28 788,220 726,710 Total equity 1,024,011 955,969 Total liabilities and shareholders’ equity 6,248,747 6,416,106 Commitments and contingencies 42 4,898,674 3,127,341 The accompanying notes form an integral part of these financial statements.