289 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 50. FINANCIAL RISK MANAGEMENT (CONT’D.) (a) Credit risk (cont’d.) (ii) Credit quality by class of financial assets (cont’d.) Group Neither past due nor impaired Strong credit profile Stage 1 RM’000 Satisfactory risk Stage 1 RM’000 Sub- standard Stage 1 RM’000 Non rated Stage 1 RM’000 Stage 2 RM’000 Default/ impaired Stage 3 RM’000 ECL on individually impaired RM’000 ECL on collectively impaired RM’000 Total RM’000 31 December 2022 Cash and bank balances 1,732,786 - - - - - - - 1,732,786 Statutory deposit with Bank Negara Malaysia 58,403 - - - - - - - 58,403 Financial assets at FVTPL Islamic Corporate Sukuk 9,042 - - - - - - - 9,042 Unquoted shares and unit trust funds in Malaysia 168,584 - - - - - - - 168,584 Net loans, advances and financing Term loans - 313,978 39,305 - 63,385 - - (2,900) 413,768 Islamic term loans - 60,929 23,308 - - - - (170) 84,067 Share margin financing 328,509 750,276 176 - 30,438 30,346 (17,033) - 1,122,712 Islamic share margin financing 11,038 2,273 - - - - - - 13,311 Others 34,009 12,043 - 2 - 12,833 (2,270) - 56,617 Financial investments at FVOCI Debt instruments: Malaysian Government Securities 19,373 - - - - - - - 19,373 Malaysian Government Investment Certificates 59,534 - - - - - - - 59,534 Islamic Corporate Sukuk 179,399 - - - 4,978 - - - 184,377 Corporate Bonds 54,595 - - - - - - - 54,595 Equity instrument: Unquoted equities - - - 1,294 - - - - 1,294 Financial investments at AC Corporate Bonds 20,002 - - - - - - - 20,002 Malaysian Government Securities 49,677 - - - - - - - 49,677 Malaysian Government Investment Certificates 177,316 - - - - - - - 177,316 Islamic Corporate Sukuk 202,119 - - - - - - - 202,119 Derivative financial assets - - - 85,217 - - - - 85,217 Balances due from clients and brokers 397,657 - - - 13,156 19,602 (1,246) (1,531) 427,638 Other assets, excluding prepayments and deposits 147,741 - - 80 4,447 21,927 (11,327) (332) 162,536 Total 3,649,784 1,139,499 62,789 86,593 116,404 84,708 (31,876) (4,933) 5,102,968
RkJQdWJsaXNoZXIy NDgzMzc=