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30. KEY MANAGEMENT PERSONNEL COMPENSATION
Key management personnel comprise person having authority and responsibility for planning, directing and controlling the
activities of the entity either directly or indirectly. It comprises the President/Chief Executive Officer of the Group and of
the Bank.
The key management personnel compensation is as follows:
Group and Bank
2013
2012
RM’000
RM’000
Short-term employee benefits (excluding benefit in-kind)
1,013
808
Included in the total key management personnel is:
Executive Director’s remuneration (Note 29)
1,013
808
31. ALLOWANCES FOR LOSSES ON LOANS, ADVANCES AND FINANCING
Group and Bank
2013
2012
RM’000
RM’000
Claims guarantee
– Charge for the year
7,157
–
– Written back during the year
(9,290)
–
Individual allowance
– Charge for the year
60,914
31,309
– Written back during the year
(62,272)
(36,610)
Collective allowance
– Charge for the year
16,091
20,965
12,600
15,664
32. TAXATION
The major components of taxation for the years ended 31 December 2013 and 2012 are:
Group
Bank
2013
2012
2013
2012
RM’000
RM’000
RM’000
RM’000
Income tax expense:
– Current year
36,295
17,728
36,295
17,728
– Over provision in prior years
(12,481)
(10)
(12,481)
(10)
Deferred tax expense:
– Origination and reversal of
temporary differences
12,615
27,824
12,613
27,823
– Underprovision in prior years
8,412
–
8,412
–
44,841
45,542
44,839
45,541
EXIM Bank Annual Report 2013
153