Bank Islam Integrated Annual Report 2023

Group Note Attributable to equity holders of the Bank Non-distributable Distributable Share Capital RM’000 Other Reserves RM’000 Retained earnings RM’000 Total equity RM’000 At 1 January 2023 3,645,043 54,596 3,096,604 6,796,243 Profit for the year – – 553,050 553,050 Currency translation difference in respect of Labuan operations – (2,997) – (2,997) Fair value reserve (debt instruments): – Net change in fair value – 274,346 – 274,346 – Changes in expected credit loss – (4,142) – (4,142) – Net amount transferred to profit or loss – (62,731) – (62,731) – Income tax effect relating to components of other comprehensive income – (49,680) – (49,680) Fair value reserve (equity instruments): – Net change in fair value – 13,743 – 13,743 Total comprehensive income for the year – 168,539 553,050 721,589 Transfer to regulatory reserve – 31,000 (31,000) – Effect on predecessor accounting – 343 – 343 Dividends paid on ordinary shares 39 – – (361,645) (361,645) Issue of shares pursuant to Dividend Reinvestment Plan 243,682 – – 243,682 At 31 December 2023 3,888,725 254,478 3,257,009 7,400,212 Note 24 At 1 January 2022 3,445,757 (10,899) 2,965,080 6,399,938 Profit for the year – – 491,672 491,672 Currency translation difference in respect of Labuan operations – 11,076 – 11,076 Fair value reserve (debt instruments): – Net change in fair value – (101,101) – (101,101) – Changes in expected credit loss – (3,975) – (3,975) – Net amount transferred to profit or loss – (1,181) – (1,181) – Income tax effect relating to components of other comprehensive income – 26,171 – 26,171 Fair value reserve (equity instruments): – Net change in fair value – (1,495) – (1,495) Total comprehensive income for the year – (70,505) 491,672 421,167 Transfer to regulatory reserve – 136,000 (136,000) – Dividends paid on ordinary shares 39 – – (224,148) (224,148) Issue of shares pursuant to Dividend Reinvestment Plan 199,286 – – 199,286 At 31 December 2022 3,645,043 54,596 3,096,604 6,796,243 Note 24 The notes on pages 275 to 404 are an integral part of these financial statements. 269 1 2 3 4 5 6 7 8 9 www.bankislam.com FINANCIAL STATEMENTS Consolidated Statement of Changes in Equity for the financial year ended 31 December 2023

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