Page 141 - KWAP_Integrated-Report_2023

ENRICHING STAKEHOLDER ASPIRATIONS ENRICHING PERFORMANCE ENRICHING THE COMMUNITY ENRICHING ACCOUNTABILITY & INTEGRITY ENRICHING RESILIENCE & SUSTAINABLE GROWTH

statements of comPreHensive income

for the year ended 31 december 2023

Group KWAP
31 December 31 December 31 December 31 December
2023 2022 2023 2022
Note RM’000 RM’000 RM’000 RM’000

Gross investment income 4 7,026,678 7,333,953 6,752,774 7,010,017
dividend income 2,705,111 2,654,698 2,705,111 2,654,698
net gains from divestment 851,700 1,403,652 851,700 1,404,176
interest income 2,895,134 2,697,905 2,904,218 2,699,226
rental income 440,638 445,214 - -
other investment income 134,095 132,484 291,745 251,917

non-investment loss 4 (109,131) (580,549) (84,145) (538,086)
operating expenses 5 (715,659) (688,062) (364,026) (336,151)
transaction cost (107,081) (31,172) (107,081) (31,172)
net unrealised gain/(loss) on
financial assets designated as
fair Value through profit or loss 3,539,992 (5,550,296) 3,539,992 (5,550,296)
(allowance for)/reversal of allowance for
impairment losses on financial assets (45,244) 79,773 (45,112) 73,329
allowance for impairment losses on
non-financial assets (40,886) (166,496) (39,638) (364,669)

profit before taxation 9,548,669 397,151 9,652,764 262,972
finance cost (41,191) (53,475) (1,914) -
share of results from associates (59,814) 102,279 - -
share of results from Joint Ventures 3,262 1,915 - -
taxation 6 (458) (2,677) - -
Profit After Taxation 9,450,468 445,193 9,650,850 262,972
Attributable To:
contributors of KWap 9,450,468 445,193 9,650,850 262,972
9,450,468 445,193 9,650,850 262,972

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