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 305 304 51. 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 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 Strong credit profile Stage 1 RM'000 Satisfactory risk Stage 1 RM'000 Substandard Stage 1 RM'000 31 December 2023 Cash and bank balances 1,482,513 - - - - - - - 1,482,513 Statutory deposit with Bank Negara Malaysia 60,620 - - - - - - - 60,620 Financial assets at FVTPL Unquoted shares and funds in Malaysia 170,830 - - - - - - - 170,830 Net loans, advances and financing Term loans - 314,261 69,861 - 38,182 - - (2,741) 419,563 Islamic term loans - 123,830 15,009 - - - - (579) 138,260 Share margin financing 349,511 726,429 357 - 63 57,041 (3,296) - 1,130,105 Islamic share margin financing 676 158 - - - - - - 834 Others 5,022 - 2,011 - 737 4,430 - - 12,200 Carried forward 2,069,172 1,164,678 87,238 - 38,982 61,471 (3,296) (3,320) 3,414,925 51. 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 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 Strong credit profile Stage 1 RM'000 Satisfactory risk Stage 1 RM'000 Substandard Stage 1 RM'000 31 December 2023 Brought forward 2,069,172 1,164,678 87,238 - 38,982 61,471 (3,296) (3,320) 3,414,925 Financial investments at FVOCI Debt instruments: Malaysian Government Securities 177,379 - - - - - - - 177,379 Malaysian Government Investment Certificates 331,282 - - - - - - - 331,282 Islamic Corporate Sukuk 167,187 - - - - - - - 167,187 Corporate bonds 40,447 - - - - - - - 40,447 Islamic Negotiable Instruments of Deposits 159,644 - - - - - - - 159,644 Equity instrument: Unquoted equities - - - 1,343 - - - - 1,343 Financial investments at AC Malaysian Government Securities 125,853 - - - - - - - 125,853 Malaysian Government Investment Certificates 228,204 - - - - - - - 228,204 Islamic Corporate Sukuk 116,739 - - - - - - - 116,739 Derivative financial assets - - - 75,938 - - - - 75,938 Balances due from clients and brokers 549,165 - - - 9,334 15,024 (1,255) (1,553) 570,715 Other assets, excluding prepayments and deposits 143,598 - - 80 3,106 58,425 (35,594) (141) 169,474 Total 4,108,670 1,164,678 87,238 77,361 51,422 134,920 (40,145) (5,014) 5,579,130
RkJQdWJsaXNoZXIy NDgzMzc=