BIMB Integrated Annual Report 2019

21 OTHER LIABILITIES Group Company Note 2019 2018 2019 2018 RM’000 RM’000 RM’000 RM’000 Takaful payables 48.5(b) 175,352 114,267 – – – Due to retakaful companies 141,931 91,806 – – – Due to Intermediaries/Participants 33,421 22,461 – – Other payables 607,299 452,861 2,271 3,200 Advance payments 437,053 405,849 – – Accruals 164,717 132,060 – – Amount due to subsidiaries – – 11 22 Clients’ and dealers’ credit balances 23,035 32,089 – – Dividend payable 282,285 262,503 282,285 262,503 1,689,741 1,399,629 284,567 265,725 The amount due to subsidiaries is non-trade, unsecured, not subject to financing charge and are repayable on demand. 22 TAKAFUL CONTRACT LIABILITIES Group Note 2019 2018 RM’000 RM’000 Provision for outstanding claims 22(a) 703,598 633,725 Provision for unearned contributions 22(b) 394,340 376,971 Participants’ fund 22(c) 7,099,218 6,062,086 Takaful contract liabilities 8,197,156 7,072,782 (a) Provision for outstanding claims The provision for outstanding claims and its movements are further analysed as follows: 2019 Note Gross Retakaful Net RM’000 RM’000 RM’000 Family Takaful Provision for claims reported by participants 39,182 (8,493) 30,689 Provision for IBNR* 133,692 (45,417) 88,275 Provision for outstanding claims 172,874 (53,910) 118,964 General Takaful Provision for claims reported by participants 302,067 (190,182) 111,885 Provision for IBNR* 228,657 (105,456) 123,201 Provision for outstanding claims 530,724 (295,638) 235,086 Note 49(b) Note 49(b) Group Provision for claims reported by participants 48.5(b) 341,249 (198,675) 142,574 Provision for IBNR* 362,349 (150,873) 211,476 Provision for outstanding claims 703,598 (349,548) 354,050 Note 10 *Incurred-but-not-reported (“IBNR”) NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 239 BIMB HOLDINGS BERHAD 199701008362 (423858-X) Shareholders’ Information Financial Statements Additional Information Disclosure Summary