KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 225 ANNUAL REPORT 2018 48. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES The carrying amounts and the fair values of the financial assets and liabilities of the Group and the Bank are as follows: 2018 2017 Carrying amount Fair value Carrying amount Fair value Group RM’000 RM’000 RM’000 RM’000 Financial assets Cash and bank balances 1,351,260 1,351,260 1,347,517 1,347,517 Financial assets at fair value through profit or loss 189,224 189,224 557,568 557,568 Financial investments at fair value through other comprehensive income (“FVOCI”) 1,661,676 1,661,676 - - Financial investments at amortised cost 121,256 125,156 - - Financial investments available-for-sale - - 1,010,167 1,010,167 Financial investments held-to-maturity - - 38,001 38,214 Derivative financial assets 71,992 71,992 67,393 67,393 Loans, advances and financing 2,004,915 2,002,626 2,195,501 2,194,417 Balances due from clients and brokers 296,323 296,323 494,883 494,883 Other assets 157,207 157,207 99,718 99,718 Statutory deposit with Bank Negara Malaysia 116,619 116,619 116,186 116,186 Financial liabilities Deposits from customers 4,562,104 4,562,104 4,233,914 4,233,914 Deposits and placements of banks and other financial institutions 95,016 95,016 210,762 210,762 Balances due to clients and brokers 481,932 481,932 624,612 624,612 Derivative financial liabilities 12,693 12,693 36,174 36,174 Other liabilities 260,541 260,541 256,570 256,570 Obligations on securities sold under repurchase agreements 83,067 83,067 74,993 74,993 Borrowings 119,300 114,409 90,000 90,379