KENANGA ANNUAL REPORT 2020

314 5 1 2 3 4 6 7 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (l) Income derived from investment of depositors’ funds Group and Bank 2020 RM’000 2019 RM’000 Finance income and hibah Financing and advances 3,890 4,507 Deposits and placements with financial institutions 15,503 21,387 Financial investments other than those measured at FVTPL 11,096 20,600 Accretion of discount (899) (710) Others 19 - 29,609 45,784 Other operating income Net gain on sale of financial assets at FVTPL 1,442 1,226 Net gain on sale of financial investments other than those measured at FVTPL 1,974 1,245 Fees on financing and advances 755 1,788 Brokerage fee 7,157 2,517 Profit income 5,766 8,212 Advisory fee 303 217 Placement fee - 90 Direct trading fees (234) (313) Other operating income 2 - Other non-operating income 131 44 17,296 15,026 46,905 60,810 (m) Income derived from investment of shareholders’ funds Group and Bank 2020 RM’000 2019 RM’000 Finance income and hibah Financing and advances 5,253 7,476 Financial investments other than those measured at FVTPL 3,487 687 Accretion of premium (336) (67) 8,404 8,096