Basic HTML Version
39. ISLAMIC BUSINESS FUND (CONT’D)
Notes to the financial statements for the financial year ended 31 December 2013 (cont’d)
(e) Advances and financing (cont’d)
Group and Bank
2013
2012
RM’000
RM’000
(v) Gross advances and financing analysed by industry are as follows:
Primary agriculture
226,687
20,112
Mining and quarrying
58,323
–
Manufacturing
594,608
270,666
Transport, storage and communication
293,225
2,155
Construction
–
211,706
Wholesale and retail trade, and restaurants and hotels
59,413
29,405
Finance, insurance, real estate andbusiness activities
–
–
Electricity, gas and water
230,000
–
Others
50,974
–
1,513,230
534,044
(vi) Movements in impaired advances and financing (“impaired financing”) are as follows:
At 1 January
6,280
–
Impaired during the year
–
6,280
Reclassified as non impaired
(173)
–
Amount written off
(6,107)
–
At 31 December
–
6,280
(vii) Movements in the allowance for impaired advances and financing are as follows:
Individual allowance
Balance at 1 January
6,435
–
Allowance made during the year
–
6,435
Reversal during the year
(327)
–
Bad debts written off
(6,108)
–
Balance at 31 December
–
6,435
Collective allowance
Balance at 1 January
25,343
5,406
Allowance made during the year
37,000
19,937
Balance at 31 December
62,343
25,343
EXIM Bank Annual Report 2013
193