Kenanga Investment Bank Berhad Annual Report 2021 244 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD 28. RESERVES Note Group Bank 2021 RM’000 2020 RM’000 2021 RM’000 2020 RM’000 Non-distributable: Capital reserve 88,938 88,938 153,863 153,863 Fair value reserve (a) 6,590 15,916 634 15,256 Exchange reserve (b) 19,204 16,556 - - Regulatory reserve (c) 18,921 18,661 18,921 18,661 ESS reserve 2,809 6,144 2,809 6,144 136,462 146,215 176,227 193,924 Distributable: Retained profits 673,097 617,832 624,353 594,296 809,559 764,047 800,580 788,220 The nature and purpose of each category of reserves are as follows: (a) Fair value reserve is in respect of unrealised fair value gains and losses on financial investments at FVOCI, net of tax. (b) The exchange reserve represents foreign exchange differences arising from the translation of the financial statements of the associated companies. (c) Regulatory reserve is maintained in addition to the impairment allowance for non-impaired credit exposures that has been assessed and recognised in accordance with MFRS in compliance with BNM requirements. 29. OPERATING REVENUE Revenue of the Bank comprises all types of revenue derived from brokerage, lending, treasury, investment, trading and other banking activities undertaken by the Bank. Revenue of the Group comprises all types of revenue derived from brokerage, lending, treasury, investment, trading and investment management and other banking activities undertaken by the Group. Notes to the Financial Statements 31 December 2021
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