Page 177 - Full Book_24.4.2021
P. 177
STATEMENT OF
PROFIT OR LOSS in retrospect |
the Will to Suceed
for the financial year ended 31 december 2020
|
Group Company
2020 2019 2020 2019
Note RM’000 RM’000 RM’000 RM’000 achieving a leading repute
DISCONTINUED OpERATIONS
income derived from investment
of depositors’ funds 29 2,504,013 2,757,704 – – |
income derived from investment account funds 30 503,978 384,930 – –
income derived from investment
of shareholders’ funds 31 452,546 479,828 363,522 421,411
loss on modification of financial assets (136,380) – – – Paving the Way for a Sustainable future
net earned contributions 32 2,066,780 2,345,831 – –
other income from takaful business 33 482,699 460,447 – –
net benefits, claims and expense reserves 34 (894,103) (1,047,540) – –
net allowance for impairment on
financing and advances, net of recoveries 35 (208,671) (83,688) – –
net allowance for impairment on debt instruments (138) 37 – –
net allowance for impairment on other assets 2,895 (3,797) (26,499) (4,822) 171
direct expenses (13,660) (16,444) – –
Total distributable income 4,759,959 5,277,308 337,023 416,589
Wakalah fees from restricted investment accounts 19 576 446 – –
income attributable to depositors 36 (986,213) (1,360,491) – –
income attributable to investment account holders 37 (212,070) (164,887) – –
income attributable to takaful operator/participants (616,737) (665,040) – – adhering to the best Governance Practices
Total net income 2,945,515 3,087,336 337,023 416,589
Personnel expenses 38 (785,395) (811,657) (5,596) (7,420)
other overhead expenses 39 (919,144) (932,547) (5,773) (4,632)
|
1,240,976 1,343,132 325,654 404,537
finance cost 40 (143,691) (138,118) (54,735) (52,685)
profit before zakat and tax 1,097,285 1,205,014 270,919 351,852
Zakat (13,055) (12,260) – – Laying the Foundation for Financial Growth
tax expense 43 (216,329) (257,385) (2,191) (2,255)
profit for the year 867,901 935,369 268,728 349,597
Attributable to:
owners of the company 720,247 786,920 268,728 349,597 |
additional information & disclosure Summary
non-controlling interests 147,654 148,449 – –
profit for the year 867,901 935,369 268,728 349,597
earnings per share (sen) 44 40.21 44.75
dividend per ordinary share-net (sen) 45 12.60 16.00
|
24 th aGm information
the accompanying notes form an integral part of these financial statements.
