Bank Islam Integrated Annual Report 2020

2. CAPITAL ADEQUACY (CONTINUED) 2.4 Capital Adequacy Ratios (continued) (b) CET 1, Tier I and Tier II capital components of the Group and of the Bank (continued): 31.12.2019 Group Bank RM’000 RM’000 Tier I Capital Paid-up share capital 3,012,368 3,012,368 Share Premium – – Retained earnings 2,594,820 2,589,798 Other reserves 107,265 107,398 Less: Deferred tax assets (33,774) (32,268) Less: 55% of fair value (104,062) (104,062) Less: Regulatory reserve attributable to financing (25,000) (25,000) Less: Investment in subsidiaries – (15,525) Total Common Equity Tier I Capital 5,551,617 5,532,709 Total Additional Tier I Capital – – Total Tier I Capital 5,551,617 5,532,709 Subordinated Sukuk 1,300,000 1,300,000 Collective assessment allowance ^ 436,544 436,356 Total Tier II Capital 1,736,544 1,736,356 Total Capital 7,288,161 7,269,065 ^ Collective assessment allowance on non-impaired financing and regulatory reserve subject to maximum of 1.25% of total credit risk-weighted assets after deducting IA as Risk Absorbent. BANK ISLAM MALAYS IA BERHAD INTEGRATED ANNUAL REPORT 2020 323