Page 288 - Bank-Muamalat_Annual-Report-2023

BANK MUAMALAT MALAYSIA BERHAD

NOTES TO THE
FINANCIAL STATEMENTS
31 DECEMBER 2023 (18 JAMADIL AKHIR 1445H)

37. KEY MANAGEMENT PERSONNEL REMUNERATION
The remuneration of Chief Executive Officers’ and other key members of management during the financial year was
as follows:
Group
2023 2022
RM’000 RM’000

Short-term employees benefits 10,457 9,933

Included in the total key management personnel are:
Chief Executive Officers’ remuneration (Note 36(a)) 3,482 2,869

Bank
2023 2022
RM’000 RM’000

Short-term employees benefits (salary, bonus, allowances) 10,022 9,466

Included in the total key management personnel are:
Chief Executive Officers’ remuneration (Note 36(a)) 3,047 2,402

38. OTHER OVERHEADS AND EXPENDITURES
Group Bank
2023 2022 2023 2022
RM’000 RM’000 RM’000 RM’000

Marketing
Advertisement and publicity 7,725 7,505 7,725 7,505
Donation and sponsorship 284 731 284 731
Others 846 561 844 559

8,855 8,797 8,853 8,795

Establishment
Rental 403 224 403 224
Depreciation of right-of-use assets (Note 15) 11,152 10,736 11,152 10,736
Depreciation of property, plant and
equipment (Note 14) 10,664 11,201 10,646 11,183
Amortisation of intangible assets (Note 13) 33,563 24,711 33,483 24,678
Information technology expenses 58,990 54,469 58,802 54,333
Repair and maintenance 4,318 5,629 4,314 5,625
Hire of equipment 5,339 5,538 4,976 5,280
Takaful 7,301 11,049 7,301 11,049
Utilities expenses 5,643 5,106 5,610 5,080
Security expenses 8,543 7,729 8,543 7,729
Others 4,944 4,326 4,944 4,326

150,860 140,718 150,174 140,243

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