KENANGA ANNUAL REPORT 2021

325 How We Are Governed Financial Statements Shareholders’ Information Additional Information 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (c) Statements of cash flows For the financial year ended 31 December 2021 Group and Bank 2021 RM’000 2020 RM’000 Cash flows from operating activities Profit before taxation and zakat 13,176 16,709 Adjustments for: Depreciation of plant and equipment (Note 52(o)(ii)) 8 8 Amortisation of intangible assets (Note 52(o)(ii)) 1 10 Credit loss reversal (181) (374) Realised loss/(gain) from sale of financial assets at FVTPL 1,014 (1,442) Realised gain from sale of financial investments at FVOCI (Note 52(l)) (1,571) (1,974) Operating profit before working capital changes 12,447 12,937 Changes in operating assets: Financing and advances 10,560 55,653 Balances due from clients and brokers (665) (1,050) Other assets 697 756 Changes in operating liabilities: Deposits from customers (110,356) (508,770) Balances due to clients and brokers 3,084 1,739 Other liabilities 76,918 11,179 Cash used in operating activities (7,315) (427,556) Taxation and zakat paid (430) (357) Net cash used in operating activities (7,745) (427,913) Cash flows from investing activities Purchase of plant and equipment (2) (6) Net purchase of securities (19,864) (102,691) Net cash flows used in investing activities (19,866) (102,697) Net change in cash and cash equivalents (27,611) (530,610) Cash and cash equivalents at beginning of the financial year 452,323 982,933 Cash and cash equivalents at end of the financial year 424,712 452,323

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