KENANGA ANNUAL REPORT 2020

251 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 48. FAIR VALUE OF FINANCIAL ASSETS AND LIABILITIES (CONT’D.) The carrying amounts and the fair values of the financial assets and liabilities of the Group and the Bank are as follows (cont’d.): 2020 2019 Bank Carrying amount RM’000 Fair value RM’000 Carrying amount RM’000 Fair value RM’000 Financial assets Cash and bank balances 1,378,646 1,378,646 1,877,150 1,877,150 Financial assets at fair value through profit or loss 539,931 539,931 326,560 326,560 Financial investments at fair value through other comprehensive income 771,732 771,732 795,081 795,081 Financial investments at amortised cost 193,035 202,215 112,756 112,756 Derivative financial assets 95,571 95,571 65,174 65,174 Loans, advances and financing 1,856,996 1,857,022 2,039,517 2,040,578 Balances due from clients and brokers 545,057 545,057 280,357 280,357 Other assets, excluding prepayments and deposits 78,560 78,560 104,793 104,793 Statutory deposit with Bank Negara Malaysia 58,398 58,398 99,164 99,164 Financial liabilities Deposits from customers 3,042,843 3,004,760 4,119,352 4,119,352 Deposits and placements of banks and other financial institutions 1,066,085 1,066,085 650,718 650,718 Balances due to clients and brokers 405,191 405,191 304,880 304,880 Derivative financial liabilities 137,480 137,480 13,416 13,416 Other liabilities, excluding deposits 222,148 222,148 233,633 233,633 Borrowings 152,400 131,421 66,600 62,148