Page 309 - Full Book_24.4.2021

NOTES TO THE
FINANCIAL STATEMENTS in retrospect

|
for the financial year ended 31 december 2020 (continUed)
the Will to Suceed

|
49 FINANCIAL RISk MANAGEMENT POLICIES (CONTINUED)
49.4 Market risk (continued)
(b) Takaful (continued) achieving a leading repute
(i) profit yield risk (continued)

a change of 50 basis points in profit rates at the end of the reporting period would increase/(decrease) other |
comprehensive income/equity, family and General takaful participants’ fund by the amounts shown below.
this analysis assumes that all other variables remain constant.
Change Impact on Impact on Impact on
in profit Impact on operating participants’ Paving the Way for a Sustainable future
variables after tax equity* surplus fund
Takaful Malaysia RM’000 RM’000 RM’000 RM’000
Group
2020
fvtPl financial assets +50bps (718) (718) (3,619) (3,619)
fvoci financial assets +50bps – (20,604) – (192,210) 303

(718) (21,322) (3,619) (195,829)
adhering to the best Governance Practices
fvtPl financial assets -50bps 746 746 3,795 3,795
fvoci financial assets -50bps – 22,181 – 215,028

746 22,927 3,795 218,823

2019
fvtPl financial assets +50bps (821) (821) (4,011) (4,011)
fvoci financial assets +50bps – (13,932) – (171,751) |
Laying the Foundation for Financial Growth
(821) (14,753) (4,011) (175,762)

fvtPl financial assets -50bps 854 854 4,199 4,199
fvoci financial assets -50bps – 14,863 – 184,903

854 15,717 4,199 189,102

* impact on equity reflects adjustments for tax, when applicable. |
additional information & disclosure Summary

|
24 th aGm information