Transcription of MALAYAN BANKING BERHAD CONDENSED …
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MALAYAN BANKING BERHAD CONDENSED …
Group31 December31 December31 December31 December2017201620172016 NoteRM'000RM'000RM'000RM'000 Interest incomeA215,559,054 5,287,279 22,056,334 20,940,499 Interest expenseA22(2,536,868) (2,375,894) (9,909,293) (9,582,029) Net interest income3,022,186 2,911,385 12,147,041 11,358,470 Income from Islamic BANKING Scheme operationsA40a1,235,608 1,165,351 4,900,251 4,189,242 Net earned insurance premiumsA231,433,762 1,192,473 5,250,890 4,444,057 Other operating incomeA251,598,109 1,367,389 6,027,304 6,289,283 Total operating income7,289,665 6,636,598 28,325,486 26,281,052 Net insurance benefits and claims incurred, net fee and commission expenses, change in expense liabilities and taxation of life and takaful fundA26(1,233,232) (595,309) (5,057,130) (4,107,909) Net operating income6,056,433 6,041,289 23,268,356 22,173,143 Overhead expensesA27(2,922,827) (2,606,813) (11,357,058) (10,487,156) Operating profit before impairment losses3,133,606 3,434,476 11,911,298 11,685,987 Allowances for impairment losses on loans, advances, financing and other debts, netA28(199,807) (615,743) (1,959,060) (2,832,748)
31 December 31 December 31 December 31 December 2017 2016 2017 2016 Note RM'000 ASSETS Cash and short-term funds 50,334,290 58,140,545 30,714,527 38,350,931 Deposits and placements with financial
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