BIMB Integrated Annual Report 2019

48 FINANCIAL RISK MANAGEMENT POLICIES (CONTINUED) 48.1 Categories of financial instruments (continued) Carrying Amortised Company amount FVTPL FVOCI cost 31 December 2019 RM’000 RM’000 RM’000 RM’000 Financial assets Cash, balances and placements with banks 412,333 – – 412,333 Financial assets at FVTPL 7,117 7,117 – – Other financial assets at amortised cost (net of prepayment) 103,303 – – 103,303 522,753 7,117 – 515,636 Financial liabilities Other liabilities (284,567) – – (284,567) Sukuk liabilities (881,093) – – (881,093) (1,165,660) – – (1,165,660) 31 December 2018 Financial assets Cash, balances and placements with banks 88,473 – – 88,473 Financial assets at FVTPL 6,623 6,623 – – Other financial assets at amortised cost (net of prepayment) 74,802 – – 74,802 169,898 6,623 – 163,275 Financial liabilities Other liabilities (265,725) – – (265,725) Sukuk liabilities (844,159) – – (844,159) (1,109,884) – – (1,109,884) 48.2 Financial risk management The Group has exposure to the following risks from its use of financial instruments: • Credit risk • Market risk • Liquidity risk • Operational risk The Group’s exposures to the above risks are mainly attributed to its main operating subsidiaries, Bank Islam and Takaful Malaysia. The Company’s exposure to these risks is not presented separately as it is not material to the Group. NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 270 Integrated Annual Report 2019 Group Overview Sustaining The Group Management Discussion & Analysis Group Governance