2. CAPITAL ADEQUACY (CONTINUED) 2.4 Capital Adequacy Ratios (continued) (a) The capital adequacy ratios of the Group and of the Bank (continued): After effect of IA Group Bank 31.12.2023 31.12.2022 31.12.2023 31.12.2022 Before deducting proposed dividends CET 1 Capital Ratio 14.12% 13.58% 13.53% 13.23% Tier 1 Capital Ratio 15.13% 14.64% 14.55% 14.30% Total Capital Ratio 19.89% 19.39% 19.35% 19.07% After deducting proposed dividends CET 1 Capital Ratio 13.61% 13.15% 13.01% 12.80% Tier 1 Capital Ratio 14.62% 14.21% 14.03% 13.86% Total Capital Ratio 19.38% 18.96% 18.83% 18.64% (b) CET I, Tier I and Tier II capital components of the Group and of the Bank: 31.12.2023 Group RM’000 Bank RM’000 Tier I Capital Paid-up share capital 3,888,725 3,888,725 Share Premium – – Retained earnings 3,257,009 3,348,297 Other reserves 254,478 143,590 Less: Deferred tax assets (174,728) (173,756) Less: 55% of fair value – – Less: Regulatory reserve attributable to financing (167,000) (167,000) Less: Investment in subsidiaries – (344,049) Less: Intangible Assets (50,354) (50,354) Total Common Equity Tier I Capital 7,008,130 6,645,454 Total Additional Tier I Capital 500,000 500,000 Total Tier I Capital 7,508,130 7,145,454 Subordinated Sukuk 1,800,000 1,800,000 Collective assessment allowance^ 562,500 557,167 Total Tier II Capital 2,362,500 2,357,167 Total Capital 9,870,630 9,502,621 ^ 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. 414 Pillar 3 Disclosure as at 31 December 2023 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023
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