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Construct the income statement Report of income ) for Affin Bank. (20 marks) 1. Below are the information extracted from statements of Affin Berhad for
- Construct the income statement Report of income ) for Affin Bank.
(20 marks)
1. Below are the information extracted from statements of Affin Berhad for 2015. RM ('000) 551,579 122,016 13,085,556 459,368 293,864 43,345,290 225,869 4,441,700 497,161 50,548,747 3,385,439 Trade receivables Financial assets held for trading Financial investments available for sale Financial investments held to maturity Derivatives financial assets Loans, advances and financing Others assets Cash and short-term funds Deposits and placements with banks and other financial institutions Deposits from customers Deposits and placements of banks and other financial institutions Obligation on securities sold under repurchase agreements Bills and acceptance payable Trade payables Statutory deposits with Bank Negara Malaysia Amount due from subsidiaries Amount due from associate Investment in subsidiaries Investment in joint ventures investment in associate Taxation recoverable Deferred tax assets Property and equipment Intangible assets Share capital Share premium Reserves 1,740,946 77,114 642,483 1,782,450 58,560 129,396 269,774 75,994 16,339 434,639 1,612,462 1.942.949 2,185,712 4,153,778 50,548,747 3,385,439 1,740,946 77,114 642,483 1,782,450 58,560 Deposits from customers Deposits and placements of banks and other financial institutions Obligation on securities sold under repurchase agreements Bills and acceptance payable Trade payables Statutory deposits with Bank Negara Malaysia Amount due from subsidiaries Amount due from associate Investment in subsidiaries Investment in joint ventures investment in associate Taxation recoverable Deferred tax assets Property and equipment Intangible assets Share capital Share premium Reserves Non-controlling interest Derivatives financial liabilities Recourse obligation on loans sold to Cagamas Berhad Other liabilities Provision for taxation Deferred tax liabilities Amount due to subsidiaries Borrowings Finance cost Share of results of joint ventures 129,396 269,774 75,994 16,339 434,639 1,612,462 1,942,949 2.185,712 4,153,778 44,646 555,867 134,585 640,436 11,799 31,505 1,306,011 40,947 (18,908) 26,963 2,534,695 238,921 1,586,868 615,744 1,085,718 716,774 Share of results of associates Interest income Islamic banking income Interest expense Other operating income Operating expenses Operating profit before allowance for impairment losses on loans, advances and financing (allowances for)/write-back of impairment losses on loans, advances and financing-gain Write-back of (allowances for) impairment losses on securities-cost Finance cost Share of results of joint ventures - cost Share of results of associates-gain zakat taxation 188,378 23,758 40,947 18,908 26,963 4,853 25.7% (a) Construct the Balance Sheet (Report of Condition) for Affin Bank. (20 marks) (b) Construct the Income Statement (Report for Income) for Affin Bank. (21 marks)Step by Step Solution
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