39. FINANCIAL RISK MANAGEMENT (CONTINUED) (f) Offsetting Financial Assets and Financial Liabilities The Group and the Bank report financial assets and financial liabilities on a net basis on the balance sheet only if there is a legally enforceable right to set off the recognised amounts and there is intention to settle on a net basis, or to realise the asset and settle the liability simultaneously. The following financial assets and liabilities are subject to offsetting, enforceable master netting arrangements and similar agreements: Gross amounts of recognised financial assets in the statement Gross amounts of recognised financial liabilities in the statement Net amount presented in statement Related amounts not set off in the statements of financial position Net amount RM’000 of financial position RM’000 of financial position RM’000 of financial position RM’000 Financial instruments RM’000 Financial collateral received RM’000 2021 Derivatives assets 26,037 – 26,037 (14,574) (130) 11,333 Derivatives liabilities – 20,421 20,421 (14,574) (130) 5,717 2020 Derivatives assets 61,665 – 61,665 (37,505) (130) 24,030 Derivatives liabilities – 105,872 105,872 (37,505) (130) 68,237 BANK I SLAM MALAYS IA BERHAD NOTES TO THE FINANCIAL STATEMENTS for the financial year ended 31 December 2021 354
RkJQdWJsaXNoZXIy NDgzMzc=