Page 173 - Bank-Muamalat-Annual-Report-2021

ANNUAL REPORT 2021 171
SUSTAINABILITY STATEMENT OUR GOVERNANCE OUR NUMBERS OTHER INFORMATION

STATEMENT OF

PROFIT OR LOSS

FOR ThE yEAR ENdEd 31 dEcEMbER 2021 (26 JAMAdIL AwAL 1443h)

Group Bank
2021 2020 2021 2020
note rM’000 rM’000 rM’000 rM’000

Income derived from investment
of depositors’ funds and others 27 1,116,514 1,134,848 1,116,514 1,134,848
Income derived from investment
of investment account funds 28 - 369 - 369
Income derived from investment
of shareholders’ funds 29 22,424 36,179 11,570 31,275
Allowance for impairment on financing 30 (53,944) (80,067) (53,944) (80,067)
Write-back of/(allowance for) impairment
losses on financial investments, net 31 296 (36) 296 (36)
Allowance for impairment losses on other
financial assets, net 32 (394) (376) (394) (376)
Other expenses directly attributable to the
investment of the depositors and
shareholders’ funds (22,726) (18,814) (22,726) (18,814)
Total distributable income 1,062,170 1,072,103 1,051,316 1,067,199
Income attributable to depositors 33 (338,304) (426,135) (338,505) (426,396)
Income attributable to investment
account holders (22) - (22) -
Total net income 723,844 645,968 712,789 640,803
Personnel expenses 34 (239,569) (232,660) (237,450) (230,592)
Other overheads and expenditures 37 (161,770) (172,917) (161,883) (173,797)
Finance costs 38 (65,929) (65,623) (65,587) (65,198)
Profit before zakat and taxation 256,576 174,768 247,869 171,216
Zakat 39 (6,447) (3,352) (6,043) (3,282)
Taxation 40 (91,070) 1,441 (89,154) 3,334

Profit for the year 159,059 172,857 152,672 171,268
Earnings per share attributable to shareholders
of the Bank (sen) (basic and diluted): 41 13.31 14.47

The accompanying notes form an integral part of the financial statements.