INTERIM FINANCIAL STATEMENTS FOR THE FINANCIAL QUARTER ENDED 31 MARCH 2017

Transcription

1 FOR THE FINANCIAL QUARTER ENDED INTERIM FINANCIAL STATEMENTS 31 MARCH 2017 Registered Office Ground Floor, East Block Wisma Selangor Dredging 142-B Jalan Ampang Kuala Lumpur

2 INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF FINANCIAL POSITION AS AT 31 MARCH 2017 Note 31 March 31 December 31 March 31 December ASSETS Cash and short-term funds 244, , , ,213 Deposits and placements with banks and other financial institutions 9 399, , , ,977 Securities held-for-trading 10 6,188 5,701 6,188 5,701 Securities held-to-maturity 11 1,450,240 1,468,980 1,450,240 1,468,980 Financing and advances 12 6,637,438 6,002,416 6,637,438 6,002,416 Other assets 25,691 27,902 25,664 27,849 Statutory deposit with Negara Malaysia 364, , , ,529 Investment in subsidiary - - -* -* Investment properties 105, , , ,000 Property and equipment 15,239 14,604 15,239 14,604 Intangible assets 26,331 27,775 26,331 27,775 Deferred tax assets 62,087 62,087 62,087 62,087 Total Assets 9,336,842 8,401,184 9,336,815 8,401,131 LIABILITIES AND SHAREHOLDER'S EQUITY Liabilities Deposits from customers 13 6,998,980 6,158,390 6,998,980 6,158,390 Deposits and placements of banks and other - financial institutions 14 1,128,849 1,120,611 1,128,849 1,120,611 Bills and acceptances payable 3,822 1,067 3,822 1,067 Other liabilities 54,970 82,869 54,968 82,869 Subordinated Sukuk 412, , , ,003 Total Liabilities 8,599,412 7,661,940 8,599,410 7,661,940 - Shareholder's equity Share capital 1,000,000 1,000,000 1,000,000 1,000,000 Reserves (262,569) (260,756) (262,594) (260,809) Total Shareholder's Equity 737, , , ,191 Total Liabilities and Shareholder's Equity 9,336,843 8,401,184 9,336,816 8,401,131 COMMITMENTS AND CONTINGENCIES 21 2,924,815 3,196,692 2,924,815 3,196,692 CAPITAL ADEQUACY 23 CET 1 / Core capital ratio % % % % Risk-weighted capital ratio % % % % The Interim Financial Statements should be read in conjuction with the audited financial statements of the and the for the year ended 31 December * The amount is significantly below the rounding threshold. 1

3 INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF COMPREHENSIVE INCOME FOR THE 1ST QUARTER ENDED 31 MARCH st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Note Revenue 109,585 94, ,585 94,120 Income derived from investment of depositors' funds and others ,876 85, ,876 85,447 Income derived from investment of shareholder's funds 16 8,709 8,673 8,709 8,673 Allowance for impairment on financing 17 (766) (259) (766) (259) Other expenses directly attributable to the investment of the depositors' funds - (4) - (4) Total distributable income 108,819 93, ,819 93,857 Income attributable to depositors 18 (61,580) (51,639) (61,580) (51,639) Total Net Income 47,239 42,218 47,239 42,218 Personnel expenses (30,803) (20,062) (30,803) (20,062) Other overheads and expenditures (18,235) (21,132) (18,235) (21,132) (Loss) / Profit before zakat and taxation (1,799) 1,024 (1,799) 1,024 Zakat Taxation (15) - (15) - Net(loss) / profit for the financial period, representing total comprehensive (loss) / income for the financial period (1,814) 1,024 (1,814) 1,024 - The Interim Financial Statements should be read in conjuction with the audited financial statements of the and the for the year ended 31 December

4 INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF COMPREHENSIVE INCOME FOR THE 1ST QUARTER ENDED 31 MARCH st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Note Revenue 109,542 94, ,542 94,076 Income derived from investment of depositors' funds and others ,876 85, ,876 85,447 Income derived from investment of shareholder's funds 16 8,666 8,629 8,666 8,629 Allowance for impairment on financing 17 (766) (259) (766) (259) Other expenses directly attributable to the investment of the depositors' funds - (4) - (4) Total distributable income 108,776 93, ,776 93,813 Income attributable to depositors 18 (61,580) (51,639) (61,580) (51,639) Total Net Income 47,196 42,174 47,196 42,174 Personnel expenses (30,778) (20,040) (30,778) (20,040) Other overheads and expenditures (18,202) (21,108) (18,202) (21,108) (Loss) / Profit before zakat and taxation (1,784) 1,026 (1,784) 1,026 Zakat Taxation Net(loss) / profit for the financial period, representing total comprehensive (loss) / income for the financial period (1,784) 1,026 (1,784) 1,026 The Interim Financial Statements should be read in conjuction with the audited financial statements of the and the for the year ended 31 December

5 INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CHANGES IN EQUITY FOR THE 1ST QUARTER ENDED 31 MARCH 2017 Share Statutory Accumulated capital reserve losses Total At 1 January ,000,000 9,855 (277,365) 732,490 Total comprehensive income for the financial period - - 6,754 6,754 Transfer to statutory reserve - 3,351 (3,351) - At 31 December ,000,000 13,206 (273,962) 739,244 At 1 January ,000,000 13,206 (273,962) 739,244 Total comprehensive loss for the financial period - - (1,814) (1,814) Transfer to statutory reserve At 31 March ,000,000 13,206 (275,776) 737,431 At 1 January ,000,000 9,855 (277,365) 732,490 Total comprehensive income for the financial period - - 6,701 6,701 Transfer to statutory reserve - 3,351 (3,351) - At 31 December ,000,000 13,206 (274,015) 739,191 At 1 January ,000,000 13,206 (274,015) 739,191 Total comprehensive loss for the financial period - - (1,784) (1,784) Transfer to statutory reserve At 31 March ,000,000 13,206 (275,799) 737,406 The Interim Financial Statements should be read in conjuction with the audited financial statements of the and the for the year ended 31 December

6 INTERIM FINANCIAL STATEMENTS UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS FOR THE 1ST QUARTER ENDED 31 MARCH 2017 CASH FLOWS FROM OPERATING ACTIVITIES 31 March 31 March 31 March 31 March (Loss) / Profit before zakat and taxation (1,799) 1,024 (1,784) 1,026 Adjustments for: Depreciation of property and equipment 1,179 8,719 1,179 8,719 Amortisation of intangible assets 2,727 12,213 2,727 12,213 Net gain on disposal of property,plant & equipment Allowance for impairment on financing 2,533 1,688 2,533 1,688 Bad debts on financing - Written off Bad debts on financing - Recovered (2,227) (1,914) (2,227) (1,914) Allowance for doubtful debt Unrealised (gain) / loss on revaluation of securities held-for-trading / investment properties (550) 562 (550) 562 Unrealised (gain)/loss from foreign - exchange translations 930 (6,500) 930 (6,500) Operating cashflow before workings capital changes 3,253 16,277 3,268 16,279 (Increase) / decrease in Operating Assets Deposits and placements with banks and other financial institutions (111,458) (7,904) (111,458) (7,904) Hedging financial instruments (63) (562) (63) (562) Financing and advances (635,788) 74,512 (635,788) 74,512 Other assets 2,210 (1,440) 2,186 (1,474) Statutory deposit with Negara Malaysia (101,100) 35,605 (101,100) 35,605 (Decrease) / increase in Operating Liabilities Deposits from customers 840,590 34, ,590 34,999 Deposits and placements of banks and other financial institutions 122,026 (134,957) 122,026 (134,957) Hedging financial instruments Bills and acceptances payable 2,755 (5,457) 2,755 (5,457) Other liabilities (27,859) 21,183 (27,850) 21,215 Net cash generated from operating activities 94,566 32,256 94,566 32,256 5

7 INTERIM FINANCIAL STATEMENTS UNAUDITED CONDENSED STATEMENTS OF CASH FLOWS FOR THE 1ST QUARTER ENDED 31 MARCH 2017 CASH FLOWS FROM INVESTING ACTIVITIES 31 March 31 March 31 March 31 March Purchase of property and equipment (1,741) (5,360) (1,741) (5,360) Purchase of intangible asset (1,283) (10,747) (1,283) (10,747) Proceeds from sale of fixed assets Securities held-to-maturity 18,740 (11,895) 18,740 (11,895) Net cash generated from / (used in) investing activities 15,716 (28,002) 15,716 (28,002) CASH FLOWS FROM FINANCING ACTIVITY Issuance of Subordinated Sukuk 113, ,788 - Net cash generated from financing activities 113, ,788 - NET INCREASE / (DECREASE) IN CASH AND SHORT-TERM FUNDS 224,070 4, ,070 4,254 Cash and short-term funds as at 1 January 120, , , ,829 CASH AND SHORT-TERM FUNDS 344, , , ,083 The Interim Financial Statements should be read in conjuction with the audited financial statements of the and the for the year ended 31 December

8 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134") AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 1. BASIS OF PREPARATION The unaudited condensed interim financial statements have been prepared in accordance with the applicable requirements of MFRS 134: Interim Financial Reporting in Malaysia issued by Malaysian Accounting Standards Board (MASB), Financial Reporting for Islamic ing Institution policy issued by Negara Malaysia (BNM), the provisions of the Companies Act, 1965 and Shariah requirements. The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements for the year ended 31 December The explanatory notes attached to the consolidated condensed interim financial statements provide an explanation of events and transactions that are significant to an understanding of the changes in the financial position and performance of the and of the since the year ended 31 December ACCOUNTING POLICIES The significant accounting policies and methods of computation applied in the unaudited condensed interim financial statements are consistent with those adopted in the most recent audited financial statements for the year ended 31 December 2016: The following MFRSs and IC Interpretations have been issued by the MASB and are not yet effective: Effective for the financial period beginning on or after 1 January 2018: MFRS 15: Revenue from Contracts with Customers Effective for the financial period beginning on or after 1 January 2018: MFRS 9: Financial Instruments (IFRS 9 Financial Instruments as issued by IASB in July 2014) Effective for the financial period beginning on or after 1 January 2019: MFRS 16: Leases Effective date to be announced: Amendments to MFRS 10 and MFRS 128 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture 7

9 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134") AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA (CONTINUED) 3. AUDITORS REPORT ON PRECEDING ANNUAL FINANCIAL STATEMENTS The auditors report on the audited annual financial statements for the financial year ended 31 December 2016 was not qualified. 4. COMMENTS ABOUT SEASONAL OR CYCLICAL FACTORS The operations of the and the were not materially affected by any seasonal or cyclical factors in the 1st Quarter ended 31 March UNUSUAL ITEMS DUE TO THEIR NATURE, SIZE OR INCIDENCE There were no unusual items affecting the assets, liabilities, equity, net income or cash flows of the and the in the 1st Quarter ended 31 March CHANGES IN ESTIMATE There were no changes in estimates of amounts reported in prior financial years that have a material effect in the 1st Quarter ended 31 March DEBT AND EQUITY SECURITIES There were no issuances, cancellation, repurchases, resale or repayments of debt and equity securities in the 1st Quarter ended 31 March DIVIDENDS PAID There were no dividends paid during the 1st Quarter ended 31 March

10 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 9. DEPOSITS AND PLACEMENTS WITH BANKS AND OTHER FINANCIAL INSTITUTIONS 31 March 31 December Foreign financial institutions 399, , SECURITIES HELD-FOR-TRADING 31 March 31 December At fair value Quoted securities: Unit Trust 6,188 5, SECURITIES HELD-TO-MATURITY 31 March 31 December At amortised cost Unquoted : Islamic government securities in Malaysia 1,404,124 1,418,182 Islamic private debt securities in Malaysia 46,116 50,798 1,450,240 1,468,980 9

11 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 12. FINANCING AND ADVANCES (a) Financing and advances analysed by types and Shariah contracts are as follows: 31 March 2017 Bai Total net Bithaman financing and Ajil Qard advances At amortised cost Term Financing: Corporate financing 4,825,646-4,825,646 Personal financing 610, ,583 Home financing 1,123,633-1,123,633 SME financing 40,476-40,476 Vehicle financing 81,317-81,317 Shop-house financing 36,535-36,535 Charge cards - 1,461 1,461 Gross financing and advances 6,718,190 1,461 6,719,651 Less: Impairment allowance - Collective assessment (82,197) - Individual assessment (16) Total net financing and advances 6,637, December 2016 Total net Bai Bithaman financing and Ajil Qard advances At amortised cost Term Financing: Corporate financing 4,167,933-4,167,933 Personal financing 621, ,298 Home financing 1,141,875-1,141,875 SME financing 42,914-42,914 Vehicle financing 79,320-79,320 Shop-house financing 36,456-36,456 Charge cards - 1,706 1,706 Gross financing and advances 6,089,796 1,706 6,091,502 Less: Impairment allowance - Collective assessment (81,797) - Individual assessment (7,289) Total net financing and advances 6,002,416 10

12 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 12. FINANCING AND ADVANCES (Continued) (b) Financing and advances analysed by type of customers are as follows: 31 March 31 December Domestic non-bank financial institutions 327, ,876 Domestic business enterprise 3,007,210 2,432,984 Individuals 1,828,215 1,859,987 Foreign entities 1,556,948 1,541,655 6,719,651 6,091,502 (c) Financing and advances analysed by profit rate sensitivity are as follows: 31 March 31 December Fixed rate: Corporate financing 3,301,547 2,658,694 Personal financing 610, ,298 SME financing 40,492 42,914 Home financing 10,096 10,574 Vehicle financing 81,317 79,320 Charge card 1,461 1,706 Shop-house financing Variable rate: Home financing 1,113,537 1,131,301 Shop-house financing 35,691 35,590 Corporate financing 1,524,083 1,509,239 6,719,651 6,091,502 (d) Financing and advances analysed by maturity structure are as follows: 31 March 31 December Due within three months 1,516, ,595 More than three months to one year 580, ,742 More than one year to five years 2,313,563 2,302,831 More than five years 2,308,580 2,243,334 6,719,651 6,091,502 (e) Financing and advances analysed by geographical distribution are as follows: 31 March 31 December Malaysia 5,143,152 4,533,386 Saudi Arabia 1,524,083 1,509,239 Other Countries 52,417 48,877 6,719,651 6,091,502 11

13 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 12. FINANCING AND ADVANCES (Continued) (f) Financing and advances analysed by economic purpose are as follows: 31 March 31 December Working capital 2,952,065 2,299,470 Purchase of securities 1,524,083 1,509,239 Purchase of property - residential property 625,770 1,220,023 Personal use 610, ,753 Others 561,668 86,567 Purchase of industrial buildings and factories 180,488 39,819 Purchase of commercial complex 133, ,286 Purchase of vehicles 81,219 79,173 Construction 47,823 48,427 Charge card 1,461 1,706 Purchase of shop-house ,039 6,719,651 6,091,502 (g) Financing and advances analysed by sectors are as follows: 31 March 31 December Household 1,854,453 1,881,700 Telecommunication 1,524,083 1,509,239 Wholesale & Retail trade 883, ,642 Real estate, renting and business activities 859, ,681 Manufacturing 688, ,898 Construction 522, ,687 Finance intermediation 331, ,395 Hotel & restaurant 20,063 20,063 Agriculture, hunting and related service activities 16,236 1,931 Transportation 15,081 15,067 Other business 3,074 2,826 Reseach & Development Forestry, logging and related services activities Fishing, Operation of Fish Hatcheries, Fish Farms - 1,309 6,719,651 6,091,502 (h) Movements in impaired financing and advances 31 March 31 December At 1 January 43,144 31,038 Impaired during the financial period / year 21,064 59,075 Reclassified as non impaired (11,432) (4,332) Recoveries (10,631) (30,811) Write-off (10,110) (11,826) 32,035 43,144 Ratio of net impaired financing and advances to gross financing and advances less individual impairment 0.48% 0.59% Included in amount classified as impaired during the financial year is profit accrued on impaired financing of RM1,354,800 (Mar 2016: RM1,798,484). 12

14 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 12. FINANCING AND ADVANCES (Continued) (i) Movements in the allowances for impaired financing and advances Collective assessment allowance 31 March 31 December At 1 January 81,797 87,732 Allowance made during the period / year (Note 18 (b)) 2,897 5,456 Amount written off (2,497) (11,391) Closing balance 82,197 81,797 As % of total gross financing and advances less individual impairment allowances 1.22% 1.34% Individual assessment allowance At 1 January 7,289 7,461 Allowance made during the financial year (Note 18(a)) Amount recovered during the financial year (Note 18(a)) (364) (540) Amount written off (6,909) (11) Closing balance 16 7,289 (j) Impaired financing analysed by geographical distribution are as follows: 31 March 31 December Malaysia 32,035 43,144 32,035 43,144 (k) Impaired financing analysed by economic purpose are as follows: 31 March 31 December Working capital 9,784 17,281 Personal use 9,615 10,986 Purchase of properties - residential 7,311 9,662 Purchase of shophouse 3,444 3,444 Purchase of transport vehicles 1,694 1,561 Charge card ,035 43,144 (l) Impaired financing analysed by sector are as follows: 31 March 31 December Household 22,235 25,663 Manufacturing 9,768 17,449 Other business Financial Intermediation ,035 43,144 13

15 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 13. DEPOSITS FROM CUSTOMERS (a) By type of deposit 31 March 31 December Savings deposits Qard 221, ,798 Demand deposits Qard 637, ,282 Mudarabah 120, ,344 Term deposit Commodity Murabahah 5,967,558 5,176,519 General investment account Mudarabah 13,755 14,682 Wakalah 33,059 33,531 Other deposits 5,217 13,234 6,998,980 6,158,390 (b) By type of customer 31 March 31 December Business enterprises 1,668,720 1,750,109 Government and statutory bodies 780, ,898 Individuals 394, ,402 Others 4,155,099 3,420,981 6,998,980 6,158,390 (c) By maturity structure 31 March 31 December Due within three months 4,758,702 3,957,463 More than three months to one year 2,167,875 2,132,316 More than one year to five years 72,403 68,611 6,998,980 6,158, DEPOSITS AND PLACEMENTS OF BANKS AND OTHER FINANCIAL INSTITUTIONS 31 March 31 December Non-Mudharabah Funds Licensed Islamic banks 570, ,425 Licensed financial institutions 558, ,186 1,128,849 1,120,611 14

16 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 15. INCOME DERIVED FROM INVESTMENT OF DEPOSITORS' FUNDS AND OTHERS 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Income derived from investment of: (i) General investment deposits (ii) Other deposits 100,673 85, ,673 85, ,876 85, ,876 85,447 (i) Income derived from investment of general investment deposits 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Finance income and hibah Financing and advances Money at call and deposit with financial institutions Total finance income and hibah (ii) Income derived from investment of other deposits 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Finance income and hibah Financing and advances 83,919 68,850 83,919 68,850 Securities held-to-maturity 14,460 14,681 14,460 14,681 Money at call and deposit with - 0 financial institutions 2,293 1,498 2,293 1,498 Accretion of discount ,673 85, ,673 85,030 15

17 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 15. INCOME DERIVED FROM INVESTMENT OF DEPOSITORS' FUNDS AND OTHERS (Continued) 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Income derived from investment of: (i) General investment deposits (ii) Other deposits 100,673 85, ,673 85, ,876 85, ,876 85,447 (i) Income derived from investment of general investment deposits 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Finance income and hibah Financing and advances Money at call and deposit with financial institutions Total finance income and hibah (ii) Income derived from investment of other deposits 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Finance income and hibah Financing and advances 83,919 68,850 83,919 68,850 Securities held-to-maturity 14,460 14,681 14,460 14,681 Money at call and deposit with financial institutions 2,293 1,498 2,293 1,498 Accretion of discount ,673 85, ,673 85,030 16

18 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 16. INCOME DERIVED FROM INVESTMENT OF SHAREHOLDERS' FUNDS 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Finance income and hibah Money at call and deposit with financial institutions Total finance income and hibah Other operating income - Net gain from foreign exchange translations - Realised 1,087 2,488 1,087 2,488 - Unrealised Rental income 600 1, ,140 - Realised gain on gold Unrealised gain on revaluation of securities held-for-trading Others Other income - Service charges 1,312 1,699 1,312 1,699 - Commission received 3,401 2,306 3,401 2,306 8,709 8,673 8,709 8,673 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Finance income and hibah Money at call and deposit with financial institutions Total finance income and hibah Other operating income - Net gain from foreign exchange translations - Realised 1,087 2,488 1,087 2,488 - Unrealised Rental income 600 1, ,140 - Realised gain on gold Unrealised gain on revaluation of securities held-for-trading Others Other income - Service charges 1,269 1,655 1,269 1,655 - Commission received 3,401 2,306 3,401 2,306 8,666 8,629 8,666 8,629 17

19 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 17. ALLOWANCE FOR IMPAIRMENT ON FINANCING 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Impaired financing and advances: (a) Individual assessment allowance - provided during the financial quarter - 1,194-1,194 - written back (364) (302) (364) (302) (b) Collective assessment allowance - (write-back) / provided during financial quarter 2, , ,533 1,688 2,533 1,688 (c) Bad debts on financing - recovered (2,227) (1,914) (2,227) (1,914) - written off st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Impaired financing and advances: (a) Individual assessment allowance - provided during the financial quarter - 1,194-1,194 - written back (364) (302) (364) (302) (b) Collective assessment allowance - (write-back) / provided during financial quarter 2, , ,533 1,688 2,533 1,688 (c) Bad debts on financing - recovered (2,227) (1,914) (2,227) (1,914) - written off

20 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 18. INCOME ATTRIBUTABLE TO DEPOSITORS 1st Quarter Ended 31 March 31 March 31 March 31 March Deposits from customers - Non-Mudharabah 38,076 31,074 38,076 31,074 - Mudharabah Wakalah 252 2, ,286 38,766 33,916 38,766 33,916 Deposits and placements of banks and other financial institutions - Non-Mudharabah 22,814 17,723 22,814 17,723 61,580 51,639 61,580 51,639 Period Ended 1st Quarter Ended Period Ended 31 March 31 March 31 March 31 March Deposits from customers - Non-Mudharabah 38,076 31,074 38,076 31,074 - Mudharabah Wakalah 252 2, ,286 38,766 33,916 38,766 33,916 Deposits and placements of banks and other financial institutions - Non-Mudharabah 22,814 17,723 22,814 17,723 61,580 51,639 61,580 51, SUBSEQUENT EVENTS There were no material events subsequent to the end of the reporting date that require disclosure or adjustments to the unaudited interim financial statements. 20. CHANGES IN THE COMPOSITION OF THE GROUP There were no changes in the composition of the since the last audited financial statements as at 31 December

21 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 21. COMMITMENTS AND CONTINGENCIES In the normal course of business, the and the made various commitments and incurred certain contingent liabilities with legal recourse to their customers. No material losses are anticipated as a result of these transactions. The commitments and contingencies and the related risk-weighted exposures of the and the as are as follows: 31 March 2017 Credit Risk Principal equivalent weighted amount amount amount Transaction-related contingent items 314, , ,956 Trade-related contingencies 30,716 6,143 5,812 Irrevocable commitments to extend credit: - Maturity not exceeding one year 2,363, , ,776 - Maturity exceeding one year 215, , ,649 Foreign exchange-related contracts Miscellaneous ,924, , , December 2016 Credit Risk Principal equivalent weighted amount amount amount Transaction-related contingent items 321, , ,576 Trade-related contingencies 16,291 3,258 3,032 Irrevocable commitments to extend credit: - Maturity not exceeding one year 2,541, , ,213 - Maturity exceeding one year 299, , ,852 Foreign exchange-related contracts 17, Miscellaneous ,196, , ,673 20

22 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 22. FINANCIAL RISK MANAGEMENT Market Risk - Profit Rate Risk The is exposed to various risks associated with the effects of fluctuations in the prevailing levels of yield/profit rate on its financial position. The rate of return risk is the potential impact of market factors affecting rates on returns in comparison with the expected rates of return for investment account holders. Yield/profit rate is monitored and managed by the ALCO to protect the income of its operations. The assets and liabilities at carrying amount are categorised by the earlier of the next contractual repricing dates and maturity dates as follows: Non-trading book Average Up to 1 > 1-3 > Non-profit Trading effective month months months years > 5 years sensitive book Total profit rate 31 March 2017 % Assets Cash and short term funds 144, , , Hedging financial instruments Deposit and placement with other FI / Institutions , , , , Securities held-for-trading ,188 6,188 - Securities held-to-maturity , , ,000 5,671-1,450, Financing and advances - performing 1,773, ,111 2,085, ,490 1,148,756 40,440-6,687,903 - Non performing (1) (50,465) - (50,465) Other assets (2) , ,975 Total assets 1,917, ,876 2,321,928 1,599,060 1,748, ,188 6,188 9,336,

23 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 22. FINANCIAL RISK MANAGEMENT (Continued) Market Risk - Profit Rate Risk (Continued) (Continued) Average Up to 1 > 1-3 > Non-profit Trading effective (Continued) month months months years > 5 years sensitive book Total profit rate 31 March 2017 % Liabilities Deposits from customers 1,889,756 2,007,427 2,155,874 72, ,520-6,998, Deposits and placements of banks and other financial institutions 122, , , ,734-1,128, Hedging financial instruments Bills and acceptance payable ,822-3,822 - Other liabilities ,970-54,970 - Subrodinated Sukuk - 70, , , ,791 Total liabilities 2,011,871 2,638,191 2,819,960 72,404-1,056,986-8,599,412 Shareholders' fund , ,429 Total liabilities and shareholders' fund 2,011,871 2,638,191 2,819,960 72,404-1,794,415-9,336,841 On-balance sheet profit sensitivity gap (94,025) (1,694,315) (498,032) 1,526,656 1,748,756 (995,227) 6,188 Off-balance sheet profit sensitivity gap ,968,081 - Total profit sensitivity gap (94,025) (1,694,315) (498,032) 1,526,656 1,748,756 1,972,854 6,188 Note: (1) (2) This is arrived at after deducting the collective and individual impairment allowance from the outstanding gross non performing financing. Other assets include property and equipment, deferred tax assets and statutory deposits with Negara Malaysia. 22

24 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 22. FINANCIAL RISK MANAGEMENT (Continued) Market Risk - Profit Rate Risk (continued) Non-trading book Average Up to 1 > 1-3 > Non-profit Trading effective month months months years > 5 years sensitive book Total profit rate 31 March 2017 % Assets Cash and short term funds 144, , , Hedging financial instruments Deposit and placement with other FI / Institutions , , , , Securities held-for-trading ,188 6,188 Securities held-to-maturity , , ,000 5,671-1,450, Financing and advances - performing 1,773, ,111 2,085, ,490 1,148,756 40,440-6,687,903 - Non performing (1) (50,465) - (50,465) Other assets (2) , ,949 Total assets 1,917, ,876 2,321,928 1,599,060 1,748, ,162 6,188 9,336,

25 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 22. FINANCIAL RISK MANAGEMENT (Continued) Market Risk - Profit Rate Risk (continued) (Continued) Average Up to 1 > 1-3 > Non-profit Trading effective (Continued) month months months years > 5 years sensitive book Total profit rate 31 March 2017 % Liabilities Deposits from customers 1,889,756 2,007,427 2,155,874 72, ,520-6,998, Deposits and placements of banks and other financial institutions 122, , , ,734-1,128, Hedging financial instruments Bills and acceptance payable ,822-3,822 - Other liabilities ,968-54,968 - Subrodinated Sukuk - 70, , , ,791 Total liabilities 2,011,871 2,638,191 2,819,960 72,404-1,056,984-8,599,410 Shareholders' fund , ,405 Total liabilities and shareholders' fund 2,011,871 2,638,191 2,819,960 72,404-1,794,389-9,336,815 On-balance sheet profit sensitivity gap (94,025) (1,694,315) (498,033) 1,526,656 1,748,756 (995,229) 6,188 Off-balance sheet profit sensitivity gap ,968,081 - Total profit sensitivity gap (94,025) (1,694,315) (498,033) 1,526,656 1,748,756 1,972,852 6,188 Note: (1) (2) This is arrived at after deducting the collective and individual impairment allowance from the outstanding gross non performing financing. Other assets include property and equipment, deferred tax assets and statutory deposits with Negara Malaysia. 24

26 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 22. FINANCIAL RISK MANAGEMENT (Continued) Market Risk - Profit Rate Risk (continued) Non-trading book Average Up to 1 > 1-3 > Non-profit Trading effective month months months years > 5 years sensitive book Total profit rate 31 December 2016 % Assets Cash and short term funds 25, , , Hedging financial instruments Deposit and placement with other FI / Institutions - 59, , , , Securities held-for-trading ,701 5,701 - Securities held-to-maturity - - 4, , ,000 20,410-1,468, Financing and advances performing 1,571, ,884 2,072, ,612 1,066,460 28,441-6,048,358 - Non performing (1) (45,942) - (45,942) Other assets (2) , ,897 Total assets 1,596, ,685 2,316,111 1,613,182 1,666, ,277 5,701 8,401,

27 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 2. FINANCIAL RISK MANAGEMENT (Continued) Market Risk - Profit Rate Risk (continued) (Continued) Average Up to 1 > 1-3 > Non-profit Trading effective (Continued) month months months years > 5 years sensitive book Total profit rate 31 December 2016 (Continued) % Liabilities Deposits from customers 1,263,051 1,915,648 2,118,953 68, ,127-6,158, Deposits and placements of banks - and other financial institutions 430, , , ,611-1,120, Hedging financial instruments - Bills and acceptance payable ,067-1,067 Other liabilities ,869-82,869 Subrodinated Sukuk - 59, , ,003 Total liabilities 1,693,051 2,525,449 2,493,155 68, ,674-7,661,940 Shareholders' fund , ,244 Total liabilities and shareholders' fund 1,693,051 2,525,449 2,493,155 68,611-1,620,918-8,401,184 On-balance sheet profit sensitivity gap (96,283) (1,924,764) (177,044) 1,544,571 1,666,460 (1,018,642) 5,701 Off-balance sheet profit sensitivity gap ,196,692 - Total profit sensitivity gap (96,283) (1,924,764) (177,044) 1,544,571 1,666,460 2,178,050 5,701 Note: (1) (2) This is arrived at after deducting the collective and individual impairment allowance from the outstanding gross non performing financing. Other assets include property and equipment, deferred tax assets and statutory deposits with Negara Malaysia. 26

28 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 22. FINANCIAL RISK MANAGEMENT (Continued) Market Risk - Profit Rate Risk (continued) Non-trading book Average Up to 1 > 1-3 > Non-profit Trading effective month months months years > 5 years sensitive book Total profit rate 31 December 2016 % Assets Cash and short term funds 25, , , Hedging financial instruments Deposit and placement with other FI / Institutions - 59, , , , Securities held-for-trading ,701 5,701 - Securities held-to-maturity - - 4, , ,000 20,410-1,468, Financing and advances - performing 1,571, ,884 2,072, ,612 1,066,460 28,441-6,048,358 - Non performing (1) (45,942) - (45,942) 5.53 Other assets (2) , ,844 - Total assets 1,596, ,685 2,316,111 1,613,182 1,666, ,224 5,701 8,401,131 27

29 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 22. FINANCIAL RISK MANAGEMENT (Continued) Market Risk - Profit Rate Risk (continued) (Continued) Average Up to 1 > 1-3 > Non-profit Trading effective (Continued) month months months years > 5 years sensitive book Total profit rate 31 December 2016 (Continued) % Liabilities Deposits from customers 1,263,051 1,915,648 2,118,953 68, ,127-6,158, Deposits and placements of banks - - and other financial institutions 430, , , ,611-1,120, Hedging financial instruments Bills and acceptance payable ,067-1,067 - Other liabilities ,869-82,869 - Subrodinated Sukuk - 59, , ,003 - Total liabilities 1,693,051 2,525,449 2,493,155 68, ,674-7,661,940 Shareholders' fund , ,191 Total liabilities and shareholders' fund 1,693,051 2,525,449 2,493,155 68,611-1,620,865-8,401,131 On-balance sheet profit sensitivity gap (96,283) (1,924,764) (177,044) 1,544,571 1,666,460 (1,018,642) 5,701 Off-balance sheet profit - sensitivity gap ,196,692 - Total profit sensitivity gap (96,283) (1,924,764) (177,044) 1,544,571 1,666,460 2,178,050 5,701 Note: (1) (2) This is arrived at after deducting the collective and individual impairment allowance from the outstanding gross non performing financing. Other assets include property and equipment, deferred tax assets and statutory deposits with Negara Malaysia. 28

30 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 23. CAPITAL ADEQUACY a) The capital adequacy ratios of the and the below are disclosed pursuant to the requirements of Negara Malaysia's Risk Weighted Capital Adequacy Framework (Basel II) - Disclosure Requirements (Pillar 3): 31 March 31 December 31 March 31 December CET 1/ Tier I capital Paid-up share capital 1,000,000 1,000,000 1,000,000 1,000,000 Accumulated losses (262,569) (260,756) (262,594) (260,809) 737, , , ,191 Less: Deferred tax (62,087) (62,087) (62,087) (62,087) Total Tier-I capital 675, , , ,104 Tier-II capital Collective impairment for impairment loss on nonimpaired financing 65,755 69,384 65,755 69,384 Subordinated Sukuk 412, , , ,003 Total Tier-II capital 478, , , ,387 Capital base 1,153,890 1,045,544 1,153,865 1,045,491 CET 1 / Core capital ratio % % % % Risk-weighted capital ratio % % % % (b) The breakdown of risk-weighted assets ("RWA") by each major risk category is as follows: 31 March 31 December 31 March 31 December Credit risk 6,133,731 5,569,081 6,133,731 5,569,081 Market risk 126, , , ,785 Operational risk 331, , , ,719 6,592,310 6,021,585 6,592,310 6,021,585 29

31 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 23. CAPITAL ADEQUACY (Continued) 31 March 2017 Risk Gross Net weighted Capital exposures exposures assets requirements Exposure Class Credit Risk On-Balance Sheet Exposures Sovereigns/Central s 1,874,941 1,874, s, Development Financial Institutions ("DFIs") & MDBs 498, ,449 99,690 7,975 Corporate 4,873,667 4,847,447 4,199, ,926 Regulatory Retail 702, , ,596 42,128 Residential Real Estate (RRE) Financing 1,116,322 1,116, ,893 42,311 Other assets 80,948 80,947 46,116 3,689 Defaulted Exposures 20,440 20,440 29,166 2,333 Total for On-Balance Sheet Exposures 9,167,410 9,140,675 5,429, ,362 Off-Balance Sheet Exposures Off-balance sheet exposures other than OTC derivatives or credit derivatives 741, , ,192 56,335 Total for Off-Balance Sheet Exposures 741, , ,192 56,335 Total On and Off-Balance Sheet Exposures 9,908,758 9,882,023 6,133, ,697 Large Exposures Risk Requirement Long Short Market Risk position position Foreign Currency Risk 126, ,731 10,139 Operational Risk ,847 26,548 Total RWA and Capital Requirements 6,592, ,383 30

32 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 23. CAPITAL ADEQUACY (Continued) (b) The breakdown of risk-weighted assets ("RWA") by exposures in each major risk category for the current financial year are as follows: (continued) 31 December 2016 Risk Gross Net weighted Capital exposures exposures assets requirements Exposure Class Credit Risk On-Balance Sheet Exposures Sovereigns/Central s 1,689,777 1,689, s, Development Financial Institutions ("DFIs") & MDBs 377, ,471 75,494 6,040 Corporate 4,208,664 4,182,474 3,560, ,808 Regulatory Retail 710, , ,643 42,611 Residential Real Estate (RRE) Financing 1,132,214 1,132, ,693 43,095 Other assets 84,473 84,474 50,798 4,064 Defaulted Exposures 21,873 21,873 30,676 2,454 Total for On-Balance Sheet Exposures 8,225,468 8,198,474 4,788, ,072 Off-Balance Sheet Exposures Off-balance sheet exposures other than OTC derivatives or credit derivatives 819, , ,673 62,454 Total for Off-Balance Sheet Exposures 819, , ,673 62,454 Total On and Off-Balance Sheet Exposures 9,045,101 9,017,970 5,569, ,526 Large Exposures Risk Requirement Long Short Market Risk position position Foreign Currency Risk 122, ,785 9, Operational Risk ,719 26,378 Total RWA and Capital Requirements 6,021, ,726 31

33 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 23. CAPITAL ADEQUACY (Continued) Exposures after netting and credit risk mitigation ("CRM") 31 March 2017 Total exposure Total Sovereigns/ s, DFIs Regulatory Residential Equity Other after netting weighted Risk weights Central & MDBs Corporate Retail Real Estate exposures assets and CRM assets Performing Exposures 0% 1,874, ,831 1,909,772-20% - 498, , , ,354 35% , , ,279 50% , , , ,623 75% - - 1,524, ,494 20, ,390,760 1,793, % - - 3,536,404-47,720-46,116 3,630,240 3,630, % Total 1,874, ,463 5,440, ,494 1,120,536-80,947 9,861,582 6,104,565 Defaulted Exposures 35% % % , ,989 2, % ,627 2, ,452 26,178 Total ,627 2,176 3, ,441 29,167 Total Performing and Defaulted 1,874, ,463 5,454, ,670 1,124,174-80,947 9,882,023 6,133,732 32

34 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 23. CAPITAL ADEQUACY (Continued) Exposures after netting and credit risk mitigation ("CRM") 31 December 2016 Total exposure Total risk Sovereigns/ s, DFIs Regulatory Residential Equity Other after netting weighted Risk weights Central & MDBs Corporate Retail Real Estate exposures assets and CRM assets Performing Exposures 0% 1,689, ,676 1,723,453-20% - 378, , , ,768 35% , , ,593 50% , , , ,782 75% - - 1,509, ,228 23, ,387,996 1,790, % - - 2,987,656-49,812-50,798 3,088,266 3,088, % Total 1,689, ,420 4,848, ,228 1,139,434-84,474 8,996,098 5,538,405 Defaulted Exposures 35% % % , ,268 4, % ,964 2, ,605 26,408 Total ,964 2,096 4, ,873 30,676 Total Performing and Defaulted 1,689, ,420 4,863, ,324 1,144,247-84,474 9,017,971 5,569,081 33

35 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 23. CAPITAL ADEQUACY (Continued) 31 March 2017 Principal Risk-weighted 0% 1,909,772-20% 756, ,354 35% 380, ,279 50% 793, ,623 75% 2,390,760 1,793, % 3,633,229 3,633, % 17,452 26,178 Risk-weighted assets for credit risk 9,882,023 6,133,732 Large exposure risk-weighted assets for equity holdings - Risk-weighted assets for market risk 126,731 Risk-weighted assets for operational risk 331,847 Total risk-weighted assets 6,592, December 2016 Principal Risk-weighted 0% 1,723,453-20% 608, ,768 35% 375, ,593 50% 811, ,782 75% 2,387,996 1,790, % 3,092,534 3,092, % 17,605 26,407 Risk-weighted assets for credit risk 9,017,971 5,569,081 Large exposure risk-weighted assets for equity holdings Risk-weighted assets for market risk 122,785 Risk-weighted assets for operational risk 329,719 Total risk-weighted assets 6,021,585 Disclosure on Off Balance and Counterparty Credit Risk 31 March December 2016 Credit Risk Credit Risk Principal equivalent weighted Principal equivalent weighted amount amount amount amount amount amount Direct credit substitutes Transaction-related contingent items 314, , , , , ,117 Short term self liquidating trade related contingencies 30,716 6,143 5,812 16,291 3,258 7,173 Foreign exchange related contracts - One year or less , Credit derivative contracts - One year or less ,427 Other commitments, such as formal standby facilities and credit lines, with an original maturity of over one year 206, , , , , ,655 Other commitments, such as formal standby facilities and credit lines, with an original maturity up to one year 2,363, , ,436 2,541, , ,622 Unutilised credit card lines 8,934 1,787 1,340 8,912 1,782 1,565 2,924, , ,193 3,196, , ,559 34

36 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 24. SEGMENTAL INFORMATION 31 March 2017 Retail Treasury & Corporate banking money investment market banking Total Total revenue 31,886 52,604 25, ,585 Result Segment result 21,000 8,849 17,850 47,698 Unallocated corporate expenses (49,497) Profit before zakat and taxation (1,799) Zakat and taxation (15) Net profit for the financial period (1,814) Other comprehensive income - Total comprehensive income for the financial period (1,814) Other information Segment assets 1,830, ,977 5,139,313 7,646,066 Unallocated corporate assets 1,690,775 Total assets 9,336,841 Segment liabilities 2,914,344 5,213,485-8,127,829 Unallocated corporate liabilities 471,583 Total liabilities 8,599,412 Other segment items Capital expenditure 1, ,538 Unallocated capital expenditure 14,647 16,185 Depreciation and amortisation ,075 Unallocated depreciation and amortisation 2,831 3,906 Other non-cash (income)/expenses (965) - 1,

37 EXPLANATORY NOTES PERSUANT TO MALAYSIAN FINANCIAL REPORTING STANDARDS 134 ( MFRS 134 ) AND GUIDELINES ON FINANCIAL REPORTING FOR LICENSED ISLAMIC BANKING INSTITUTIONS ISSUED BY BANK NEGARA MALAYSIA 24. SEGMENTAL INFORMATION (Continued) 31 March 2017 Retail Treasury & Corporate banking money investment market banking Total Total revenue 31,842 52,604 25, ,542 Result Segment result 20,956 8,849 17,851 47,655 Unallocated corporate expenses (49,439) Profit before zakat and taxation (1,784) Zakat and taxation - Net profit for the financial period (1,784) Other comprehensive income - Total comprehensive income for the financial period (1,784) Other information Segment assets 1,830, ,977 5,139,311 7,646,064 Unallocated corporate assets 1,690,750 Total assets 9,336,815 Segment liabilities 2,914,344 5,213,485-8,127,829 Unallocated corporate liabilities 471,581 Total liabilities 8,599,410 Other segment items Capital expenditure 1, ,538 Unallocated capital expenditure 14,647 16,185 Depreciation and amortisation ,075 Unallocated depreciation and amortisation 2,831 3,906 Other non-cash (income)/expenses (965) - 1,