Page 174 - Full Book_24.4.2021

STATEMENTS OF
FINANCIAL POSITION

aS at 31 december 2020

Group Company
2020 2019 2020 2019
Note RM’000 RM’000 RM’000 RM’000
ASSETS HELD FOR SALE
cash and short-term funds 3 5,829,142 3,334,771 317,588 2,105
deposits and placements with banks and 4 2,033,321 2,581,288 7,555 – 410,228
inteGrated annUal rePort 2020 derivative financial assets 6 18,395,952 16,946,884 – – – – – –
other financial institutions
5
7,117
1,993,825
financial assets at fair value through profit or loss
1,494,495
33,326
61,665
financial assets at fair value through other
7
comprehensive income
49,472,522
54,670,635
8
financing, advances and others
other financial assets at amortised cost
581,203
9
retakaful assets
978,202
755,796
11
192,425
Statutory deposits with bank negara malaysia 10 686,461 1,170,136 60,369 – – 103,468 – –
current tax assets 177,417 97,964 92 85
168 deferred tax assets 12 32,981 69,728 10 10
right-of-use assets 13 229,189 250,443 – –
investments in subsidiaries 14 427,027 395,859 5,571,524 – – 5,304,273 – –
–
–
381
411
15
Property and equipment
bimb holdinGS berhad 199701008362 (423858-X) Total assets held for sale 85,909,901 77,263,493 5,957,519 5,827,697
10,472
10,590
16
investment properties
intangible assets
68,488
191,187
17
note:
as disclosed in note 56 and note 57 to the financial statements, bimb holdings berhad (“bhb” or “the company”) had announced
and proposed to undertake various proposals which entails the disposal of its equity interest in bimb Securities (holdings) Sdn. bhd.,
bimb Securities Sdn. bhd. and Syarikat al-ijarah Sdn. bhd. to bank islam malaysia berhad (“bank islam”), the distribution of its
shareholdings in bank islam and Syarikat takaful malaysia Keluarga berhad by way of distribution-in-specie to its shareholders, and
subsequently the delisting of the company and issuance of two (2) new bhb shares to bank islam such that the bhb will become a
wholly-owned subsidiary of bank islam. bhb is currently in the midst of procuring all relevant approvals required for the Proposals from
the relevant parties/regulatory authorities.
consequentially, the results of the Group and the company have been disclosed as discontinued operations in the financial statements
and all assets and liabilities are therefore classified as held for sale as at year end in accordance with the requirements of mfrS 5:
non-current assets held for Sale and discontinued operations.

the accompanying notes form an integral part of these financial statements.