292 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 Additional Information We Are Kenanga Message From Our Leaders Our Sustainability Approach How We Are Governed Financial Statements Shareholders’ Information 50. FINANCIAL RISK MANAGEMENT (CONT’D.) (a) Credit risk (cont’d.) (ii) Credit quality by class of financial assets (cont’d.) Bank 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 2021 Cash and bank balances 1,459,156 - - - - - - - 1,459,156 Statutory deposit with Bank Negara Malaysia 50,868 - - - - - - - 50,868 Financial assets at FVTPL Islamic Corporate Sukuk 23,873 - - - - - - - 23,873 Unquoted shares and unit trust funds in Malaysia 155,772 - - - - - - - 155,772 Net loans, advances and financing Term loans - 399,276 43,190 - 63,073 - - (2,716) 502,823 Islamic term loans - 65,309 24,807 - - - - (531) 89,585 Share margin financing 439,292 556,908 53,912 42,553 63 64,700 (13,789) - 1,143,639 Islamic share margin financing 16 13,051 404 - - - - - 13,471 Others - - - 97 - - - - 97 Financial investments at FVOCI Debt instruments: Malaysian Government Securities 40,042 - - - - - - - 40,042 Malaysian Government Investment Certificates 91,934 - - - - - - - 91,934 Islamic Corporate Sukuk 275,452 - - - - - - - 275,452 Corporate Bonds 128,962 - - - - - - - 128,962 Islamic Negotiable Instruments of Deposits 199,724 - - - - - - - 199,724 Equity instrument: Unquoted equities - - - 1,460 - - - - 1,460 Financial investments at AC Corporate Bonds 20,012 - - - - - - - 20,012 Malaysian Government Investment Certificates 39,912 - - - - - - - 39,912 Islamic Corporate Sukuk 147,285 6,451 - - - - - - 153,736 Derivative financial assets - - - 81,453 - - - - 81,453 Balances due from clients and brokers 305,140 - - - 14,333 17,708 (1,276) (1,535) 334,370 Other assets, excluding prepayments and deposits 116,359 - - - 1,872 7,350 (4,999) (462) 120,120 Total 3,493,799 1,040,995 122,313 125,563 79,341 89,758 (20,064) (5,244) 4,926,461
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