Affin Bank Berhad | Annual Report 2020

416 ORGANISATION EXECUTIVE SUMMARY CORPORATE GOVERNANCE FINANCIAL STATEMENTS OTHER INFORMATION 58 SEGMENT ANALYSIS (CONTINUED) Commercial Investment Banking Banking Insurance Others Elimination Group 2020 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Revenue External revenue 1,434,767 817,860 - 12,272 - 2,264,899 Intersegment revenue 195,869 (2,870) - 907 (193,906) - Segment revenue 1,630,636 814,990 - 13,179 (193,906) 2,264,899 Operating expenses of which: (920,135) (422,469) - (10,787) 2,406 (1,350,985) Depreciation of property and equipment (18,649) (11,278) - (138) - (30,065) Depreciation of right-of-use assets (27,391) (9,916) - (352) - (37,659) Amortisation of intangible assets (23,370) (14,702) - (34) - (38,106) (Allowances for)/write-back of impairment losses on loans, advances, financing and trade receivables/securities/other assets (514,771) (49,620) - - 2,793 (561,598) Segment results 195,730 342,901 - 2,392 (188,707) 352,316 Share of results of a joint venture * - - (394) - - (394) Share of results of associates * (750) 1,146 41,862 - - 42,258 Profit before zakat and taxation 194,980 344,047 41,468 2,392 (188,707) 394,180 Zakat (2,540) (4,929) - - - (7,469) Profit before taxation 192,440 339,118 41,468 2,392 (188,707) 386,711 Taxation (113,863) Net profit for the financial year 272,848 Segment assets 60,298,160 8,246,991 - 13,389 - 68,558,540 ROU assets 65,793 15,343 - 734 - 81,870 Investment in joint ventures - - 180,398 - - 180,398 Investment in associates - 4,108 711,608 - - 715,716 Total segment assets 69,536,524 Segment liabilities Total segment liabilities 53,980,803 5,916,438 - 2,187 - 59,899,428 Other information Capital expenditure 284,989 23,805 - 1,223 - 310,017 * net of tax NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020