KENANGA ANNUAL REPORT 2025

257 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2025 06 / FINANCIAL STATEMENTS 01 02 03 04 05 07 08 09 19. DEFERRED TAXATION (CONT’D.) The components and movements of deferred tax assets and liabilities during the financial year prior to offsetting are as follows (cont’d.): Deferred tax assets of the Group: Fair value reserve RM’000 Impairment allowance and provisions RM’000 Unabsorbed capital allowances and tax losses RM’000 Intangible assets/ Lease liabilities RM’000 Total RM’000 At 1 January 2024 - 27,490 4,238 7,445 39,173 Recognised in profit or loss - 4,754 (2,033) 2,450 5,171 Recognised in other comprehensive income 228 - - - 228 At 31 December 2024 228 32,244 2,205 9,895 44,572 Deferred tax liabilities of the Bank: Fair value reserve RM’000 Excess of capital allowances over depreciation RM’000 Right-of-use assets RM’000 Total RM’000 At 1 January 2025 - (5,294) (3,994) (9,288) Recognised in profit or loss - (5,239) (1,152) (6,391) Recognised in other comprehensive income (2,230) - - (2,230) At 31 December 2025 (2,230) (10,533) (5,146) (17,909) At 1 January 2024 (439) (6,809) (4,859) (12,107) Recognised in profit or loss - 1,515 865 2,380 Recognised in other comprehensive income 439 - - 439 At 31 December 2024 - (5,294) (3,994) (9,288)

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