243 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 32. OTHER OPERATING INCOME Group Bank 2022 RM’000 2021 RM’000 2022 RM’000 2021 RM’000 (a) Fee income: Brokerage fees 166,610 313,354 166,610 313,354 Corporate advisory fees 10,331 6,932 10,468 7,049 Processing fees on loans, advances and financing 3,057 1,766 1,679 706 Underwriting commissions 891 1,839 891 1,839 Placement fees 19,303 15,230 11,043 12,649 Commissions 12,703 11,861 - - Management fee income 202,047 152,510 359 1,352 Other fee income 18,269 18,647 6,345 7,029 Other 1,653 1,625 437 353 434,864 523,764 197,832 344,331 The timing of revenue recognition for fee income is as follows: Fee income from providing financial services at a point in time: Brokerage fees 166,610 313,354 166,610 313,354 Corporate advisory fees 19 - 114 - Processing fees on loans, advances and financing 3,057 1,766 1,679 706 Underwriting commissions 891 1,839 891 1,839 Placement fees 15,643 12,139 7,383 9,558 Commissions 12,703 11,861 - - Management fee income 70,471 36,097 359 1,352 Other fee income 18,269 18,647 6,345 7,029 Other 1,653 1,625 437 353 289,316 397,328 183,818 334,191 Fee income from providing financial services over time: Corporate advisory fees 10,312 6,932 10,354 7,049 Placement fees 3,660 3,091 3,660 3,091 Management fee income 131,576 116,413 - - 145,548 126,436 14,014 10,140 Total fee income from contracts with customers 434,864 523,764 197,832 344,331
RkJQdWJsaXNoZXIy NDgzMzc=