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NOTES TO THE
FINANCIAL STATEMENTS

for the financial year ended 31 december 2020 (continUed)

27 EMPLOYEE BENEFITS (CONTINUED)
Value of employee services received for issue of Takaful Malaysia shares
Group
2020 2019
RM’000 RM’000
performance shares
inteGrated annUal rePort 2020 – Shares granted in 2016 3,512 – 4,280
7,239
– Shares granted in 2017
3,828
8,125
– Shares granted in 2018
2,598
4,935
– Shares granted in 2019

Retirement benefit 16,572 17,945
252 the Group also makes contribution to a defined benefit plan that provides pension for eligible permanent employees of its
indonesia subsidiaries. the amounts are determined based on years of service and salaries of the employees at the time of
pension. the benefits will be paid upon retirement, permanent disability or termination.
bimb holdinGS berhad 199701008362 (423858-X) Undistributed funds as at the beginning of the financial year RM’000 RM’000
SOURCES AND USES OF CHARITY FUNDS
28
Group
2019
2020

7
3
Shariah non-compliance income:
Funds collected/received during the year
60
51
Uses of funds during the year:
Contribution to Public Benefit (52) (55)

Undistributed funds as at the end of the financial year 11 3

29 INCOME DERIVED FROM INVESTMENT OF DEPOSITORS’ FUNDS
Group
2020 2019
RM’000 RM’000

income derived from investment of:
(i) General investment deposits 12,404 16,378
(ii) term deposit-i 1,564,207 1,838,249
(iii) Savings and demand deposits 869,663 818,128
(iv) other deposits 57,739 84,949

2,504,013 2,757,704