Bank Islam Integrated Annual Report 2020

Group Bank Note 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 ASSETS Cash and short-term funds 3 5,216,376 2,814,333 5,216,280 2,813,456 Deposits and placements with banks and other financial institutions 4 361 658,053 – 658,053 Financial assets at fair value through profit or loss 5 1,181,200 663,068 1,175,440 657,443 Derivative financial assets 6 61,665 33,326 61,665 33,326 Financial assets at fair value through other comprehensive income 7 12,557,991 12,146,640 12,558,729 12,147,378 Financing, advances and others 8 54,670,635 49,472,522 54,670,635 49,472,522 Other financial assets at amortised cost 9 207,349 145,217 196,588 140,562 Statutory deposits with Bank Negara Malaysia 10 192,425 1,170,136 192,425 1,170,136 Current tax assets 106,773 32,003 106,773 32,002 Deferred tax assets 11 1,511 33,774 – 32,268 Right-of-use assets 12 209,736 229,135 209,736 229,135 Investments in subsidiaries 13 – – 15,525 15,525 Property and equipment 14 231,000 195,595 230,516 195,100 Total assets 74,637,022 67,593,802 74,634,312 67,596,906 LIABILITIES AND EQUITY Deposits from customers 15 51,077,262 47,408,738 51,095,451 47,476,872 Investment accounts of customers 16 12,368,528 10,240,373 12,368,897 10,240,373 Derivative financial liabilities 6 105,872 36,746 105,872 36,746 Bills and acceptance payable 29,621 49,084 29,621 49,084 Recourse obligations on financing sold to Cagamas 17 1,501,187 1,501,187 1,501,187 1,501,187 Subordinated Sukuk Murabahah 18 1,713,164 1,308,694 1,713,164 1,308,694 Other liabilities 19 1,136,863 991,540 1,121,885 931,685 Lease liabilities 12 312,429 325,559 312,429 325,559 Zakat and taxation 20 31,952 17,428 31,776 17,142 Deferred tax liabilities 11 74,445 – 74,445 – Total liabilities 68,351,323 61,879,349 68,354,727 61,887,342 EQUITY Share capital 21 3,306,118 3,012,368 3,306,118 3,012,368 Reserves 22 2,979,581 2,702,085 2,973,467 2,697,196 Total equity 6,285,699 5,714,453 6,279,585 5,709,564 Total liabilities and equity 74,637,022 67,593,802 74,634,312 67,596,906 Restricted investment accounts managed by the Bank 16 11,915 35,062 11,915 35,062 Total Islamic banking assets owned and managed by the Bank 74,648,937 67,628,864 74,646,227 67,631,968 Commitments and contingencies 42 20,189,496 17,414,181 20,189,496 17,414,181 The notes on pages 199 to 314 are an integral part of these financial statements. BANK ISLAM MALAYS IA BERHAD INTEGRATED ANNUAL REPORT 2020 189 STATEMENTS OF FINANCIAL POSITION as at 31 December 2020