Affin Bank Berhad | Annual Report 2020

417 AFFIN BANK BERHAD 197501003274 (25046-T) | ANNUAL REPORT 2020 58 SEGMENT ANALYSIS (CONTINUED) Commercial Investment Banking Banking Insurance Others Elimination Group 2019 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 Revenue External revenue 1,384,644 517,243 - 12,529 - 1,914,416 Intersegment revenue 50,062 21,606 - 1,295 (72,963) - Segment revenue 1,434,706 538,849 - 13,824 (72,963) 1,914,416 Operating expenses of which: (844,721) (352,994) - (10,847) 1,963 (1,206,599) Depreciation of property and equipment (17,011) (9,601) - (156) - (26,768) Depreciation of right-of-use assets (26,434) (9,352) - - - (35,786) Amortisation of intangible assets (18,100) (14,551) - (51) - (32,702) (Allowances for)/write-back of impairment losses on loans, advances, financing and trade receivables/securities/other assets (34,654) (21,231) - - 409 (55,476) Segment results 555,331 164,624 - 2,977 (70,591) 652,341 Share of results of a joint venture * - - (3,860) - - (3,860) Share of results of an associate * - 459 33,561 - - 34,020 Profit before zakat and taxation 555,331 165,083 29,701 2,977 (70,591) 682,501 Zakat (3,000) (2,530) - - - (5,530) Profit before taxation 552,331 162,553 29,701 2,977 (70,591) 676,971 Taxation (160,880) Net profit for the financial year 516,091 Segment assets 58,726,593 8,710,379 - 15,141 - 67,452,113 ROU assets 44,971 12,738 - - - 57,709 Investment in joint ventures - - 171,913 - - 171,913 Investment in associates 750 3,594 655,183 - - 659,527 Total segment assets 68,341,262 Segment liabilities Total segment liabilities 53,162,863 5,779,477 - 2,329 - 58,944,669 Other information Capital expenditure 192,015 20,815 - 39 - 212,869 * net of tax NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2020