Page 203 - Bank-Muamalat_Annual-Report-2023

ANNUAL REPORT 2023
OUR NUMBERS

STATEMENTS OF

CASH FLOWS
FOR THE YEAR ENDED 31 DECEMBER 2023 (18 JAMADIL AKHIR 1445H)

Group Bank
2023 2022 2023 2022
Note RM’000 RM’000 RM’000 RM’000

Cash flows from operating activities
Profit before zakat and taxation
Adjustment for: 295,583 306,725 300,756 300,510
Unwinding of financial
liabilities 30 (a) 1,664 4,690 1,664 4,690
Amortisation of intangible assets 38 33,563 24,711 33,483 24,678
Depreciation of property,
plant and equipment 38 10,664 11,201 10,646 11,183
Gain from termination of
right-of-use asset 30 (3) (47) (3) (47)
Depreciation of right-of-use assets 38 11,152 10,736 11,152 10,736
Amortisation of cost on
subordinated sukuk issued 422 369 422 369
Property, plant and equipment
written-off 38 6 38 6 38
Intangible assets written-off 38 64 - 64 -
Amortisation of premium (net) 28 & 30 40,444 47,287 40,444 47,287
Return of a financial investment
at fair value through other
comprehensive income 30 - (10,552) - (10,552)
Net gain from sale of financial
investments at fair value through
other comprehensive income 28 & 30 (20,230) (2,005) (20,230) (2,005)
Net gain from sale of financial
investments designated at FVTPL 28 (77) (36) (77) (36)
Unrealised (gain)/loss on revaluation
of financial investment designated
at FVTPL 28 & 30 (3,420) 3,387 (3,422) 3,387
Net gain on revaluation of foreign
exchange transaction 30 (9,713) (27,447) (9,713) (27,447)
Net (gain)/loss from foreign
exchange derivatives 30 (10,164) 20,134 (10,164) 20,134
Unrealised gain on revaluation
of Islamic profit rate swap 30 - (37,532) - (37,532)
Unrealised loss on revaluation of
hedged items 30 - 37,940 - 37,940
Allowance for impairment
losses on financial investments, net 32 526 4,371 526 4,371
Fair value adjustments of investment
properties 30 (192) - (192) -
Allowance for impairment on financing 31 33,260 41,010 33,260 41,010
Allowance for impairment
on other financial assets, net 33 105 38 105 38
Finance costs 39 82,174 55,114 82,174 55,114
Gross dividend income 30 (68) (39) (11,000) (4,000)

Operating profit before working capital
changes 465,760 490,093 459,901 479,866

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