KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2024 WE ARE KENANGA OUR SUSTAINABILITY APPROACH LEADERSHIP STATEMENT HOW WE ARE GOVERNED SHAREHOLDERS’ INFORMATION NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 FINANCIAL STATEMENTS ADDITIONAL INFORMATION OUR VALUE CREATION APPROACH 271 270 42. BASIC AND DILUTED EARNINGS PER SHARE Basic and diluted earnings per share amounts are calculated by dividing profit for the financial year attributable to equity holders of the Bank by the weighted average number of ordinary shares in issue during the financial year. Group 2024 2023 Profit for the financial year attributable to equity holders of the Bank (RM’000) 95,755 72,641 Weighted average number of ordinary shares in issue excluding treasury shares (‘000) 726,623 723,291 Effects of dilution (‘000) 106 2,089 Adjusted weighted average number of ordinary shares in issue (‘000) 726,729 725,380 Earnings per share (sen) - basic 13.18 10.04 - fully diluted 13.18 10.01 There were no potential dilutive ordinary shares outstanding as at 31 December 2024. 43. COMMITMENTS AND CONTINGENCIES In the normal course of business, the Group and the Bank enter into various commitments and incur certain contingent liabilities with legal recourse to their customers. No material losses are anticipated as a result of these transactions. As at reporting date, the commitments and contingencies are as follows: Group Bank 2024 Principal amount RM’000 2023 Principal amount RM’000 2024 Principal amount RM’000 2023 Principal amount RM’000 Commitments to extend credit with maturity of less than 1 year: - share margin financing 2,953,118 2,882,629 2,953,118 2,882,629 - foreign exchange related contracts 171,468 55,232 171,468 55,232 Other commitments with an original maturity of less than 1 year: - corporate loans 74,817 65,392 131,817 116,392 Other commitments with an original maturity of more than 1 year: - corporate loans 74,250 54,541 89,250 89,541 - others - 6,000 - 6,000 Monies held in trust on behalf of client (Note 5) 1,734,642 980,227 1,734,642 980,227 Securities borrowing and lending 27,893 8,367 27,893 8,367 Derivative financial assets (Note 8): - dual currency investment - options 16,410 3,074 16,410 3,074 - equity related contracts - options - 25,985 - 25,985 - equity related contracts - swap 26,974 19,439 26,974 19,439 - equity related contracts - forward 79,445 51,342 79,445 51,342 - foreign exchange related contracts 31,688 - 31,688 - Derivative financial liabilities (Note 23): - dual currency investment - options 16,410 3,074 16,410 3,074 - equity related contracts - options 1,038,858 498,986 1,038,858 498,986 - equity related contracts - swaps - 33,374 - 33,374 - equity related contracts - forward 50,007 80,738 50,007 80,738 - foreign exchange related contracts 139,780 - 139,780 - Capital commitment: - Authorised and contracted for 7,148 6,817 6,796 6,809 Investment in equity funds - - 24,175 44,991 6,442,908 4,775,217 6,538,731 4,906,200
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