42. FAIR VALUE OF FINANCIAL INSTRUMENTS (CONTINUED) Fair value hierarchy (continued) Group 31 December 2022 RM’000 Fair value of financial instruments carried at fair value Fair value of financial instruments not carried at fair value Level 3 Total fair value Carrying amount Level 1 Level 2 Level 3 Total Financial assets Financial assets at FVTPL – 299,128 – 299,128 – 299,128 299,128 Derivative financial assets – 123,000 – 123,000 – 123,000 123,000 Financial assets at FVOCI 7,000 12,017,378 69,039 12,093,417 – 12,093,417 12,093,417 Financial assets at AC – – – – 3,008,360 3,008,360 3,055,256 Financing, advances and others – – – – 68,151,645 68,151,645 64,901,994 Financial liabilities Derivative financial liabilities – 137,324 – 137,324 – 137,324 137,324 Recourse obligations on financing sold to Cagamas – – – – 3,011,090 3,011,090 3,005,343 Subordinated sukuk and capital securities – – – – 2,181,013 2,181,013 2,222,092 Bank 31 December 2023 RM’000 Fair value of financial instruments carried at fair value Fair value of financial instruments not carried at fair value Level 3 Total fair value Carrying amount Level 1 Level 2 Level 3 Total Financial assets Financial assets at FVTPL – 914,246 – 914,246 – 914,246 914,246 Derivative financial assets – 68,412 – 68,412 – 68,412 68,412 Financial assets at FVOCI 6,317 12,430,426 84,824 12,521,567 – 12,521,567 12,521,567 Financial assets at AC – – – – 3,107,799 3,107,799 3,120,230 Financing, advances and others – – – – 70,406,543 70,406,543 66,817,115 Financial liabilities Derivative financial liabilities – 56,548 – 56,548 – 56,548 56,548 Recourse obligations on financing sold to Cagamas – – – – 2,029,840 2,029,840 2,004,329 Subordinated sukuk and capital securities – – – – 2,306,829 2,306,829 2,323,540 394 Notes to the Financial Statements for the financial year ended 31 December 2023 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023
RkJQdWJsaXNoZXIy NDgzMzc=