United Overseas Bank (Malaysia) Bhd: Interim Financial Statements - 31 March 2017

Transcription

1. UNITED OVERSEAS BANK (MALAYSIA) BHD (Company No. 271809K) AND ITS SUBSIDIARY COMPANIES (Incorporated in Malaysia) UNAUDITED INTERIM FINANCIAL STATEMENTS 31 MARCH 2017 Domiciled in Malaysia Registered Office: Level 11, Menara UOB Jalan Raja Laut, 50350 Kuala Lumpur
2. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF FINANCIAL POSITION AS AT 31 MARCH 2017 Notes ASSETS Cash and short-term funds Securities purchased under resale agreements Deposits and placements with financial institutions Financial assets at fair value through profit or loss ("FVTPL") Available-for-sale ("AFS") securities Loans, advances and financing Derivative financial assets Other assets Statutory deposits with Bank Negara Malaysia Investment in subsidiaries Investment in an associate Property, plant and equipment Deferred tax assets Total assets LIABILITIES Deposits from customers Deposits and placements of banks and other financial institutions Bills and acceptances payable Derivative financial liabilities Other liabilities Tax payable Deferred tax liabilities Subordinated bonds Total liabilities 11 Group 31-Mar-17 31-Dec-16 RM'000 RM'000 Bank 31-Mar-17 RM'000 31-Dec-16 RM'000 10,422,188 11,805,740 10,422,188 11,805,740 284,908 644,041 284,908 644,041 12 589,100 589,100 589,100 589,100 13 1,298,908 228,055 1,298,908 228,055 14 15 16 17 10,090,190 77,093,350 583,425 527,037 6,871,580 76,450,132 768,981 474,366 10,090,190 77,277,355 583,425 535,956 6,871,580 76,630,127 768,981 488,042 1,736,536 9,688 537,525 43,986 103,216,841 2,098,668 11,554 530,574 46,052 100,518,843 1,736,536 40 13,522 239,072 43,987 103,115,187 2,098,668 40 13,522 231,728 46,052 100,415,676 18 82,982,013 82,735,289 82,983,766 82,739,210 19 7,400,312 239,736 604,261 1,611,404 64,250 14,554 1,503,199 94,419,729 4,872,703 227,516 731,064 1,864,044 70,905 14,554 1,503,784 92,019,859 7,400,342 239,736 604,261 1,610,069 63,692 1,503,199 94,405,065 4,872,733 227,516 731,064 1,861,718 69,850 1,503,784 92,005,875 16 20 21 1
3. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF FINANCIAL POSITION (cont'd.) AS AT 31 MARCH 2017 Notes Group 31-Mar-17 31-Dec-16 RM'000 RM'000 Bank 31-Mar-17 RM'000 31-Dec-16 RM'000 470,000 8,327,112 8,797,112 470,000 8,028,984 8,498,984 470,000 8,240,122 8,710,122 470,000 7,939,801 8,409,801 103,216,841 100,518,843 103,115,187 100,415,676 99,464,883 88,409,809 99,464,883 88,409,809 EQUITY ATTRIBUTABLE TO EQUITY HOLDERS OF THE BANK Share capital Reserves Total equity TOTAL LIABILITIES AND EQUITY Commitments and contingencies 30 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 2
4. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED INCOME STATEMENTS FOR THE PERIOD ENDED 31 MARCH 2017 Group Notes First Quarter Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 Three Months Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 Operating revenue 22 1,366,436 1,324,769 1,366,436 1,324,769 Interest income Interest expense Net interest income Net income from Islamic Banking operations Other operating income Operating income Other operating expenses Operating profit before allowance for impairment on loans, advances and financing, and provision for commitments and contingencies Allowance for impairment on loans, advances and financing Writeback of/(provision) for commitments and contingencies 23 24 1,148,267 (649,562) 498,705 1,127,068 (636,400) 490,668 1,148,267 (649,562) 498,705 1,127,068 (636,400) 490,668 33 25 3,746 215,355 717,806 (258,970) 458,836 202,698 693,366 (248,132) 445,234 3,746 215,355 717,806 (258,970) 458,836 202,698 693,366 (248,132) 445,234 (75,919) (68,810) (75,919) (68,810) 892 383,809 56 383,865 (92,278) (39) 376,385 68 376,453 (88,908) 892 383,809 56 383,865 (92,278) (39) 376,385 68 376,453 (88,908) 291,587 287,545 291,587 287,545 62.0 61.2 62.0 61.2 Share of net profit of an associate Profit before taxation Income tax expense Profit for the period attributable to equity holders of the Bank 26 27 Basic Earnings per share (sen) The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 3
5. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED INCOME STATEMENTS (cont'd.) FOR THE PERIOD ENDED 31 MARCH 2017 Bank Notes First Quarter Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 Three Months Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 Operating revenue 22 1,370,296 1,327,117 1,370,296 1,327,117 Interest income Interest expense Net interest income Net income from Islamic Banking operations Other operating income Operating income Other operating expenses Operating profit before allowance for impairment on loans, advances and financing, and provision for commitments and contingencies Allowance for impairment on loans, advances and financing Writeback of/(provision) for commitments and contingencies Profit before taxation Income tax expense Profit for the period attributable to equity holders of the Bank 23 24 1,150,246 (649,580) 500,666 1,129,302 (636,422) 492,880 1,150,246 (649,580) 500,666 1,129,302 (636,422) 492,880 33 25 3,746 217,232 721,644 (260,938) 460,706 202,811 695,691 (249,310) 446,381 3,746 217,232 721,644 (260,938) 460,706 202,811 695,691 (249,310) 446,381 (75,900) (68,810) (75,900) (68,810) 892 385,698 (91,918) (39) 377,532 (88,889) 892 385,698 (91,918) (39) 377,532 (88,889) 293,780 288,643 293,780 288,643 62.5 61.4 62.5 61.4 26 27 Basic Earnings per share (sen) The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 4
6. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF COMPREHENSIVE INCOME FOR THE PERIOD ENDED 31 MARCH 2017 Group First Quarter Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 Profit for the period 291,587 287,545 Three Months Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 291,587 287,545 Other comprehensive income/(loss): Other comprehensive income to be reclassified to profit or loss in subsequent periods: Net gain on revaluation of AFS securities Income tax effect Total other comprehensive income for the period, net of tax Total comprehensive income for the period attributable to equity holders of the Bank 8,607 (2,066) 7,182 (1,724) 8,607 (2,066) 7,182 (1,724) 6,541 5,458 6,541 5,458 298,128 293,003 298,128 293,003 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 5
7. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF COMPREHENSIVE INCOME (cont'd.) FOR THE PERIOD ENDED 31 MARCH 2017 Bank First Quarter Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 Profit for the period 293,780 288,643 Three Months Ended 31-Mar-17 31-Mar-16 RM'000 RM'000 293,780 288,643 Other comprehensive income/(loss): Other comprehensive income to be reclassified to profit or loss in subsequent periods: Net gain on revaluation of AFS securities Income tax effect Total other comprehensive income for the period, net of tax Total comprehensive income for the period attributable to equity holders of the Bank 8,607 (2,066) 7,182 (1,724) 8,607 (2,066) 7,182 (1,724) 6,541 5,458 6,541 5,458 300,321 294,101 300,321 294,101 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 6
8. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CHANGES IN EQUITY FOR THE PERIOD ENDED 31 MARCH 2017 Distributable Non-distributable GROUP Note Share capital RM'000 Share premium RM'000 Statutory reserve RM'000 Revaluation reserves RM'000 Net unrealised reserves on AFS securities RM'000 Retained profits RM'000 Total RM'000 2017 Balance as at 1 January 2017 470,000 322,555 470,000 146,736 57,029 7,032,664 8,498,984 Profit for the period Other comprehensive income Total comprehensive income - - - - 6,541 6,541 291,587 291,587 291,587 6,541 298,128 Balance as at 31 March 2017 470,000 322,555 470,000 146,736 63,570 7,324,251 8,797,112 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 7
9. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CHANGES IN EQUITY (cont'd.) FOR THE PERIOD ENDED 31 MARCH 2017 Non-distributable GROUP (cont'd.) Note Share capital RM'000 Share premium RM'000 Statutory reserve RM'000 Distributable Revaluation reserves RM'000 Net unrealised reserves on AFS securities RM'000 Retained profits RM'000 Total RM'000 2016 Balance as at 1 January 2016 470,000 322,555 470,000 145,190 63,289 6,305,544 7,776,578 Profit for the period Other comprehensive income Total comprehensive income - - - - 5,458 5,458 287,545 287,545 287,545 5,458 293,003 Balance as at 31 March 2016 470,000 322,555 470,000 145,190 68,747 6,593,089 8,069,581 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 8
10. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CHANGES IN EQUITY FOR THE PERIOD ENDED 31 MARCH 2017 Non-distributable BANK Note Share capital RM'000 Share premium RM'000 Statutory reserve RM'000 Distributable Net unrealised reserves on AFS securities RM'000 Retained profits RM'000 Total RM'000 2017 Balance as at 1 January 2017 470,000 322,555 470,000 50,127 7,097,119 8,409,801 Profit for the period Other comprehensive income Total comprehensive income - - - 6,541 6,541 293,780 293,780 293,780 6,541 300,321 Balance as at 31 March 2017 470,000 322,555 470,000 56,668 7,390,899 8,710,122 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 9
11. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CHANGES IN EQUITY (cont'd.) FOR THE PERIOD ENDED 31 MARCH 2017 Non-distributable BANK (cont'd.) Note Share capital RM'000 Share premium RM'000 Statutory reserve RM'000 Distributable Net unrealised reserves on AFS securities RM'000 Retained profits RM'000 Total RM'000 2016 Balance as at 1 January 2016 470,000 322,555 470,000 56,387 6,368,438 7,687,380 Profit for the period Other comprehensive income Total comprehensive income - - - 5,458 5,458 288,643 288,643 288,643 5,458 294,101 Balance as at 31 March 2016 470,000 322,555 470,000 61,845 6,657,081 7,981,481 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 10
12. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) CONDENSED INTERIM FINANCIAL STATEMENTS UNAUDITED STATEMENTS OF CASH FLOWS FOR THE PERIOD ENDED 31 MARCH 2017 Group 31-Mar-17 31-Mar-16 RM'000 RM'000 Profit before taxation Adjustments for non-operating and non-cash items Operating profit before working capital changes Changes in working capital: Net changes in operating assets Net changes in operating liabilities Tax expense paid Net cash generated from operating activities Net cash used in investing activities Net cash (used in)/generated from financing activities Net (decrease)/increase in cash and cash equivalents Cash and cash equivalents at beginning of the period Cash and cash equivalents at end of the period Analysis of cash and cash equivalents Cash and short-term funds Deposits and placements with financial institutions Bank 31-Mar-17 31-Mar-16 RM'000 RM'000 383,865 376,453 385,698 377,532 99,701 226,888 95,723 223,857 483,566 603,341 481,421 601,389 (936,002) 2,321,112 (98,933) 4,779,251 (2,983,359) (58,528) (935,237) 2,319,934 (98,077) 4,779,234 (2,984,368) (58,377) 1,769,743 2,340,705 1,768,041 2,337,878 (3,152,710) (467,788) (3,151,008) (464,961) (585) 6,468 (585) 6,468 (1,383,552) 1,879,385 (1,383,552) 1,879,385 12,394,840 7,748,433 12,394,840 7,748,433 11,011,288 9,627,818 11,011,288 9,627,818 10,422,188 9,613,355 10,422,188 9,613,355 589,100 11,011,288 14,463 9,627,818 589,100 11,011,288 14,463 9,627,818 The unaudited condensed interim financial statements should be read in conjunction with the audited financial statements of the Group and the Bank for the year ended 31 December 2016. 11
13. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 1. BASIS OF PREPARATION The unaudited condensed interim financial statements have been prepared in accordance with MFRS 134: Interim Financial Reporting issued by the Malaysian Accounting Standards Board ("MASB"). The unaudited condensed interim financial statements should be read in conjunction with the audited annual financial statements of the Group and the Bank for the financial year ended 31 December 2016. The explanatory notes attached to the condensed interim financial statements provide an explanation of events and transactions that are significant to an understanding of the changes in the financial positions and performance of the Group and the Bank since the financial year ended 31 December 2016. The significant accounting policies and method of computation applied in the unaudited condensed interim financial statements are consistent with those adopted in the most recent audited annual financial statements for the financial year ended 31 December 2016. The Group and the Bank have not adopted the following MFRSs and Amendments to MFRSs that have been issued by the MASB as they are not yet effective: Effective for financial periods beginning on or after 1 January 2018 MFRS 9 Financial Instruments (IFRS 9 as issued by IASB in July 2014) MFRS 15 Revenue from Contracts with Customers Annual Improvements to MFRS Standards 2014–2016 Cycle Amendments to MFRS 2 Classification and Measurement of Share-based Payment Transactions Clarifications to MFRS 15 Amendments to MFRS 140 Transfers of Investment Property IC Int. 22: Foreign Currency Transaction and Advance Consideration Effective for financial periods beginning on or after 1 January 2019 MFRS 16 Leases Effective for financial periods to be determined by the MASB Amendments to MFRS 10 and MFRS 128 Sale or Contribution of Assets between an Investor and its Associate or Joint Venture 12
14. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 1. BASIS OF PREPARATION (cont'd.) The Group and the Bank plan to adopt the above pronouncements when they become effective in the respective financial periods. These pronouncements are expected to have no significant impact to the financial statements of the Group and the Bank upon their initial application except as described below: MFRS 9 Financial Instruments In November 2014, MASB issued the final version of MFRS 9 Financial Instruments which reflects all phases of the financial instruments project and replaces MFRS 139 Financial Instruments: Recognition and Measurement and all previous versions of MFRS 9. MFRS 9 is effective for annual periods beginning on or after 1 January 2018, with early application permitted. Retrospective application is required, but comparative information is not compulsory. The standard introduces new requirements for classification and measurement of financial assets and liabilities, impairment of financial assets and hedge accounting. Except for MFRS 9, the initial application of all the above applicable MFRSs and the Amendments to MFRSs are not expected to have any material financial impact to the Group and the Bank upon their first adoption. 2. AUDITORS' REPORT ON PRECEDING ANNUAL FINANCIAL STATEMENTS The auditors' report on the audited annual financial statements for the financial year ended 31 December 2016 was not subject to any qualification. 3. COMMENTS ABOUT SEASONAL OR CYCLICAL FACTORS The business operations of the Group and the Bank were not materially affected by any seasonal or cyclical factors. 4. UNUSUAL ITEMS DUE TO THEIR NATURE, SIZE OR INCIDENCE There were no unusual items affecting assets, liabilities, equity, net income, or cash flows of the Group and the Bank for the financial period ended 31 March 2017. 13
15. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 5. CHANGES IN ESTIMATES There were no significant changes in estimates of amounts reported in prior financial year that have a material effect on the financial results and position of the Group and the Bank for the financial period ended 31 March 2017. 6. DEBT AND EQUITY SECURITIES There were no issuances of shares, share buy-backs and repayment of debt and equity securities during the financial period ended 31 March 2017. 7. VALUATION OF PROPERTY, PLANT AND EQUIPMENT Property, plant and equipment are stated at cost/valuation less accumulated depreciation and accumulated impairment losses. There was no change in the valuation of property, plant and equipment that was brought forward from the previous audited financial statements for the financial year ended 31 December 2016. 8. DIVIDENDS There were no dividend paid for the financial period ended 31 March 2017. 9. SIGNIFICANT EVENTS SUBSEQUENT TO THE REPORTING DATE There were no material events subsequent to the end of the reporting date that require disclosure or adjustments to the unaudited condensed interim financial statements. 10. CHANGES IN THE COMPOSITION OF THE GROUP There were no changes in the composition of the Group for the financial period ended 31 March 2017. 14
16. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 11. CASH AND SHORT-TERM FUNDS Group and Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 Cash and balances with banks and other financial institutions Money at call and deposit placements maturing within one month 852,188 995,640 9,570,000 10,422,188 10,810,100 11,805,740 12. DEPOSITS AND PLACEMENTS WITH FINANCIAL INSTITUTIONS Group and Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 Bank Negara Malaysia 589,100 589,100 589,100 589,100 13. FINANCIAL ASSETS AT FAIR VALUE THROUGH PROFIT OR LOSS (''FVTPL") Group and Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 Held-for-trading securities At fair value Malaysian Government treasury bills Malaysian Government securities Negotiable instruments of deposits Bankers' acceptances Total financial assets at FVTPL 502,228 220,384 420,064 156,232 1,298,908 15 119,049 59,526 49,480 228,055
17. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 14. AVAILABLE-FOR-SALE ("AFS") SECURITIES Group and Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 At fair value Money market instruments Malaysian Government treasury bills Malaysian Government securities Negotiable instruments of deposits Cagamas bonds 179,076 6,527,722 1,890,207 1,228,455 9,825,460 Private debt securities of companies incorporated In Malaysia: Quoted corporate bonds Impairment loss Quoted securities Shares of corporations in Malaysia Unquoted securities Shares At Cost Unquoted securities Private debt securities Total AFS securities Movements in allowance for impairment on private debt securities are as follows: Balance as at 1 January/31 March 16 177,907 (39,960) 137,947 3,745,842 1,600,220 1,262,029 6,608,091 177,152 (39,960) 137,192 3,379 3,379 2,893 2,893 123,128 123,128 123,128 123,128 276 276 276 276 10,090,190 6,871,580 (39,960) (39,960)
18. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 15. LOANS, ADVANCES AND FINANCING Overdrafts Term loans/financing and revolving credits - Housing loans/financing - Syndicated term loans/financing - Other term loans/financing Credit card receivables Bills receivables Trust receipts Claims on customers under acceptance credits Staff loans Others Unearned interest/income Gross loans, advances and financing Allowance for impairment on loans, advances and financing - Individual impairment - Collective impairment Net loans, advances and financing Group 31-Mar-17 31-Dec-16 RM'000 RM'000 Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 3,163,821 3,141,034 3,163,821 3,141,034 27,855,827 821,264 35,867,248 2,416,591 1,365,106 2,209,276 27,404,206 827,109 35,039,619 2,458,943 2,052,783 2,127,203 27,855,827 821,264 36,052,815 2,416,591 1,365,106 2,209,276 27,404,206 827,109 35,221,195 2,458,943 2,052,783 2,127,203 4,984,135 43,929 18,736 78,745,933 (236,253) 4,826,146 44,929 14,479 77,936,451 (129,182) 4,984,135 43,929 18,736 78,931,500 (236,253) 4,826,146 44,929 14,479 78,118,027 (129,182) 78,509,680 77,807,269 78,695,247 77,988,845 (233,908) (1,182,422) (233,670) (1,123,467) (233,908) (1,183,984) (233,670) (1,125,048) 77,093,350 76,450,132 77,277,355 76,630,127 17
19. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 15. LOANS, ADVANCES AND FINANCING (cont'd.) (i) Gross loans, advances and financing by maturity structure: Group 31-Mar-17 31-Dec-16 RM'000 RM'000 Maturing within one year One year to three years Three years to five years Over five years (ii) 22,646,957 4,091,822 4,467,093 47,303,808 78,509,680 22,108,480 4,099,853 4,591,593 47,007,343 77,807,269 Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 22,646,957 4,277,389 4,467,093 47,303,808 78,695,247 22,108,480 4,281,429 4,591,593 47,007,343 77,988,845 Gross loans, advances and financing by type of customer: Group 31-Mar-17 31-Dec-16 RM'000 RM'000 Domestic banking institutions Domestic non-banking financial institutions - Stockbroking companies - Others Domestic business enterprises - Small medium enterprises - Others Individuals Foreign entities Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 13,433 29,626 13,433 29,626 22,975 447,299 13,007 441,181 22,975 447,299 13,007 441,181 16,798,451 16,049,148 37,665,896 7,512,478 78,509,680 78,509,680 16,430,245 15,553,005 37,300,286 8,039,919 77,807,269 77,807,269 16,798,451 16,234,715 37,665,896 7,512,478 78,695,247 78,695,247 16,430,245 15,734,581 37,300,286 8,039,919 77,988,845 77,988,845 18
20. Company No . 271809K UNITED OVERSEAS BANK (MALAYSIA) BHD (Incorporated in Malaysia) EXPLANATORY NOTES 15. LOANS, ADVANCES AND FINANCING (cont'd.) (iii) Gross loans, advances and financing by interest/profit rate sensitivity: Group 31-Mar-17 31-Dec-16 RM'000 RM'000 Fixed rate - Housing loans/financing - Other fixed rate loans/ financing Variable rate - Base rate/base lending/ financing rate-plus - Cost-plus - Other variable rates Bank 31-Mar-17 31-Dec-16 RM'000 RM'000 32,309 33,940 32,309 33,940 8,098,211 7,956,309 8,098,211 7,956,309 50,240,359 19,136,867 1,001,934 78,509,680 78,509,680 49,800,201 18,953,635 1,063,184 77,807,269 50,240,359 19,322,434 1,001,934 78,695,247 78,695,247 49,800,201 19,135,211 1,063,184 77,988,845 19