KENANGA ANNUAL REPORT 2020

245 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 46. OFFSETTING OF FINANCIAL INSTRUMENTS Financial assets and financial liabilities subject to offsetting, enforceable master netting arrangements and similar agreements are as follows: Group Gross amounts of recognised financial asset/ liability RM’000 Gross amounts of recognised financial asset/ liability set off in the statements of financial position RM’000 Net amounts of recognised financial assets presented in the statements of financial position RM’000 Related accounts not set off in the statements of financial position Net amount RM’000 Financial instruments RM’000 Cash collateral received RM’000 2020 Balances due from clients and brokers (Note 10) 1,558,667 (1,013,610) 545,057 3,035,964 345,232 - Balances due to clients and brokers (Note 22) 2,139,467 (1,418,802) 720,665 - - 720,665 2019 Balances due from clients and brokers (Note 10) 672,622 (392,265) 280,357 (1,700,504) (145,968) - Balances due to clients and brokers (Note 22) 1,234,537 (697,144) 537,393 - - 537,393 Bank 2020 Balances due from clients and brokers (Note 10) 1,558,667 (1,013,610) 545,057 3,035,964 345,232 - Balances due to clients and brokers (Note 22) 1,823,993 (1,418,802) 405,191 - - 405,191 2019 Balances due from clients and brokers (Note 10) 672,622 (392,265) 280,357 (1,700,504) (145,968) - Balances due to clients and brokers (Note 22) 1,002,024 (697,144) 304,880 - - 304,880