Bank Islam Integrated Annual Report 2020

35. TAX EXPENSE (CONTINUED) A reconciliation of effective tax expense for the Group and the Bank are as follows: Group Bank 2020 RM’000 2019 RM’000 2020 RM’000 2019 RM’000 Profit before tax 728,213 843,480 726,836 841,458 Income tax calculated using Malaysian tax rate of 24% 174,771 202,435 174,441 201,950 Income not subject to tax (1,920) (1,299) (1,634) (968) Non-deductible expenses 6,844 5,914 6,721 5,911 Zakat (2,591) (3,403) (2,591) (3,403) 177,104 203,647 176,937 203,490 (Over)/Under provision in prior years – Income tax (27,738) 1,085 (27,757) 1,067 – Deferred tax 2,123 139 2,128 102 151,489 204,871 151,308 204,659 36. EARNINGS PER SHARE Basic earnings per share are calculated based on the net profit attributable to equity holders of the Group of RM564,954,000 (2019: RM627,609,000) and the weighted average number of ordinary shares outstanding during the year of 2,546,005,000 (2019: 2,509,982,000). The Group has no dilution in its earnings per ordinary shares in the current and previous financial year as there are no dilutive potential ordinary shares. 37. DIVIDENDS Dividends paid by the Bank: Sen per share Total amount RM’000 Date of payment 2020 Final 2019 6.05 151,854 29 June 2020 Interim 2020 5.55 141,897 18 September 2020 293,751 2019 Final 2018 6.07 152,310 27 May 2019 Interim 2019 6.40 160,639 11 September 2019 312,949 BANK ISLAM MALAYS IA BERHAD INTEGRATED ANNUAL REPORT 2020 263