Annual Report 2015

Statement of Value Added

FY 31 Dec FY 31 Dec
2014 2015
Value Added RM’000 RM’000
Net interest income 9,703,703 11,114,145
Income from Islamic Banking Scheme operations 3,271,211 3,938,637
Net earned insurance premiums 3,946,068 4,196,699
Other operating income 5,540,439 5,772,867
Net insurance benefits and claims incurred, net fee and commission expenses, change in expense liabilities
and taxation of life and takaful fund (3,930,819) (3,784,427)
Overhead expenses excluding personnel expenses, depreciation and amortisation (3,529,338) (3,879,647)
Allowances for impairment losses on loans, advances, financing and other debts, net (400,392) (1,683,557)
Allowances for impairment losses on financial investments, net (70,440) (329,022)
Share of profits in associates and joint ventures 163,125 211,246
Value added available for distribution 14,693,557 15,556,941

FY 31 Dec FY 31 Dec
2014 2015
Distribution of Value Added RM’000 RM’000
To employees:
Personnel expenses 5,019,296 5,765,147
To the Government:
Taxation 2,200,540 2,165,160
To providers of capital:
Dividends paid to shareholders 4,939,066 5,358,939
Non-controlling interests 194,588 150,449
To reinvest to the Group:
Depreciation and amortisation 562,678 640,246
Retained profits 1,777,389 1,477,000
Value added available for distribution 14,693,557 15,556,941