NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 264 WE ARE KENANGA LEADERSHIP MESSAGE VALUE CREATION MODEL KENANGA INVESTMENT BANK BERHAD ANNUAL REPORT 2023 48. CAPITAL MANAGEMENT AND CAPITAL ADEQUACY (CONT’D.) Capital adequacy (cont’d.) (i) Components of Tier 1 and Tier 2 capital (cont’d.): Group Bank 2023 2022 2023 2022 After deducting interim dividends * CET 1 capital ratio 19.570% 19.231% 20.201% 19.687% Tier 1 capital ratio 19.570% 19.231% 20.201% 19.687% Total capital ratio 27.487% 27.231% 29.330% 28.775% * Refer to interim dividends declared subsequent to the financial year end. Group Bank 2023 RM’000 2022 RM’000 2023 RM’000 2022 RM’000 CET 1 capital/Tier 1 capital Paid-up share capital 253,834 253,834 253,834 253,834 Retained profits 686,876 655,907 609,024 597,058 Other reserves 142,004 121,077 174,100 166,427 Less: Goodwill (241,027) (241,027) (252,909) (252,909) 55% of cumulative gains on financial investments at FVOCI (3,767) - (1,571) - Deferred tax assets (25,500) (25,184) (6,807) (12,966) Other intangibles (92,582) (88,192) (83,011) (78,223) Regulatory reserve (16,064) (17,192) (16,064) (17,192) Treasury shares (11,739) (13,538) (11,739) (13,538) Other CET 1 regulatory adjustments specified by BNM 1,547 1,510 1,006 1,020 Investment in ordinary shares of unconsolidated financial entities (153,268) (126,252) (177,112) (170,596) Total CET 1/Tier 1 capital 540,314 520,943 488,751 472,915 Tier 2 Capital Subordinated obligations capital 180,500 180,500 180,500 180,500 General provisions ^ 17,380 17,972 17,212 17,549 Total Tier 2 capital 197,880 198,472 197,712 198,049 Total Capital 738,194 719,415 686,463 670,964
RkJQdWJsaXNoZXIy NDgzMzc=