002810-CBB-200804
2/9/04
5:00 PM
Page 1
CITIBANK BERHAD
AND ITS SUBSIDIARY COMPANIES
(Company No. 297089 M)
(Incorporated in Malaysia)
14.
Unaudited Balance Sheet at 30 June 2004
Group
JUNE
2004
RM’000
ASSETS
Cash and short term funds
Deposits and placements with
financial institutions
Dealing securities
Reverse Repo
Investment securities
Loans, advances and financing
Other assets
Statutory deposits with Bank
Negara Malaysia
Investment in subsidiary companies
Fixed assets
Deferred taxation
TOTAL ASSETS
LIABILITIES AND SHAREHOLDERS'
FUNDS
Deposits from customers
Deposits and placements of banks
and other financial institutions
Obligations on securities sold under
repurchase agreements
Bills and acceptances payable
Recourse obligations on loans
sold to Cagamas
Other liabilities
TOTAL LIABILITIES
SHARE CAPITAL
RESERVES
PROPOSED DIVIDEND
SHAREHOLDERS' FUNDS
TOTAL LIABILITIES AND
SHAREHOLDERS' FUNDS
COMMITMENTS AND
CONTINGENCIES
CAPITAL ADEQUACY
Core capital ratio
Risk-weighted capital ratio
Bank
DEC
2003
RM’000
JUNE
2004
RM’000
Group and Bank (RM million)
DEC
2003
RM’000
8,001,091
4,232,347
8,001,091
4,232,347
3,510,818
2,094,224
169,580
2,890,609
19,108,300
455,761
1,940,978
720,337
3,789,676
18,985,335
625,526
3,510,818
2,094,224
169,580
2,890,609
19,108,300
455,741
1,940,978
720,337
3,789,676
18,985,335
625,506
490,786
108,576
57,900
36,887,645
459,109
109,644
57,900
30,920,852
490,786
20
108,576
57,900
36,887,645
459,109
20
109,644
57,900
30,920,852
22,567,881
19,661,373
22,567,881
19,661,373
6,843,546
3,768,529
6,843,546
3,768,529
1,517,293
187,772
1,538,088
165,827
1,517,293
187,772
1,538,088
165,827
2,414,909
1,285,086
34,816,487
121,697
1,949,461
2,071,158
2,514,286
1,319,457
28,967,560
121,697
1,761,595
70,000
1,953,292
2,414,909
1,285,086
34,816,487
121,697
1,949,461
2,071,158
2,514,286
1,319,457
28,967,560
121,697
1,761,595
70,000
1,953,292
36,887,645
30,920,852
36,887,645
30,920,852
75,873,824
74,084,673
75,873,824
74,084,673
8.57%
10.01%
9.72%
11.20%
8.57%
10.01%
9.72%
11.20%
Items
Foreign exchange
related contracts
- forward
- swap
- option
Interest rate related
contracts
- forward
- swap
- option
Total
Interest income
Interest expense
Net interest income
Net Islamic Banking operating income
Non-interest income
Operating income
Staff cost and overheads
Profit before provision
Loan and financing loss and provision
Profit before taxation
Taxation
Profit after taxation
Retained profit brought forward
Profit attributable to shareholders' fund
Earnings per share - basic (sen)
COMMITMENTS AND CONTINGENCIES
In the normal course of business, the Bank makes various commitments and incurs certain contingent
liabilities with legal recourse to its customers. No material losses are anticipated as a result of these
transactions.
Risk Weighted Exposure of the Group and Bank as at:
JUNE 2004
DEC 2003
Principal
Credit
Principal
Credit
Amount
Equivalent
Amount Equivalent
RM’000
RM’000
RM’000
RM’000
Direct credit substitutes
1,216,145
1,216,145
1,445,784
1,445,784
Certain transaction-related
contingent items
342,960
171,480
404,130
202,065
Short-term self liquidating
trade-related contingencies
404,776
80,955
361,646
72,329
Forward asset purchase
5,000
5,000
Irrevocable commitments
to extend credit
- maturity exceeding one year
1,868,037
934,019
1,913,450
956,725
- maturity not exceeding one year
18,789,459
15,226,725
Foreign exchange related contracts
21,578,197
312,174
15,445,693
311,853
Interest rate related contracts
30,709,856
693,285
38,800,466
995,000
Other obligations
964,394
481,779
75,873,824
3,408,058
74,084,673
3,988,756
37cm x 6cls star
1 mth or
less
>1-3
mths
>3-6
mths
>6-12
mths
>1-5
years
>5
years
10,315
7,482
3,781
3,032
2,889
439
4,290
2,455
930
2,270
1,500
1,203
723
592
1,209
46
-
-
9,555
21,064
91
52,288
653
7,013
546
8,221
529
776
6,278
1,105
5,385
60
9,074
7,921
10,879
31
18,877
2,825
2,825
Market risk
Market risk is the potential change in value caused by movement in market rates or prices. The
contractual amounts stated above provide only a measure of involvement in these types of
transactions and do not represent the amount subject to market risk. Exposure to market risk may be
reduced through offsetting on and off-balance sheet positions. As at the end of the financial period,
the amount of contracts which were not hedged and hence exposed to market risk was RM34,201
million (Dec 2003 - RM40,329 million).
Credit risk
Credit risk arises from the possibility that a counter-party may be unable to meet the terms of a
contract in which the Bank has a gain position. As at the end of the financial period, the amounts of
credit risk, measured in term of the cost to replace the profitable contracts, was RM241 million (Dec
2003 - RM398 million). The amount will increase or decrease over the life of the contracts, mainly as
a function of maturity dates and market rates or prices.
Related Accounting Policies
(i)
Forward Exchange Contracts
Spot and forward contracts are valued using the net present value (NPV) method. Under the
NPV method, the revalued gain/loss is discounted based on the forward rate to consider the
time value of money. The unrealised gains and losses are recognised in the income statement
for the financial year.
(ii)
Interest Rate Swaps, Futures and Option Contracts
The Bank acts as an intermediary with counter-parties who wish to swap their interest rate
obligations. The Bank also uses interest rate swaps, futures and option contracts in its trading
account activities as well as a mean for hedging its own exposure.
Gains and losses on interest rate swaps, futures and option contracts whether they are for
trading or hedging purpose are recognized in the current year using the mark-to-market
method.
15.
MATERIAL LITIGATION
There is no material litigation at the date of the report.
16.
SEGMENTAL REPORTING ON REVENUE, PROFIT AND ASSETS
Commercial Bank
Turnover
Profit Before Taxation
Total Assets
JUNE
2004
RM’000
1,015,431
290,413
36,887,645
JUNE
2003
RM’000
917,028
283,869
28,130,088
SEGMENTAL REPORTING ON LOANS, ADVANCES AND FINANCING ANALYZED BY THEIR
ECONOMIC PURPOSES
Group and Bank
JUNE
DEC
2004
2003
RM’000
RM’000
Agriculture
64,434
65,465
Mining and quarrying
108,164
3,753
Manufacturing
2,482,701
2,492,636
Electricity, gas and water
151,668
369,240
Construction
88,652
129,693
Real estate
31,648
56,297
Purchase of landed property
11,067,747 10,628,534
- Residential
10,439,455
9,955,114
- Non-residential
628,292
673,420
General commerce
882,303
863,588
Transport, storage and communication
300,609
530,338
Finance, insurance and business services
638,671
598,541
Purchase of securities
339,399
241,571
Consumption credit
3,682,947
3,662,190
Others
31,771
36,909
19,870,714 19,678,755
EXPLANATORY NOTES:
1.
ACCOUNTING POLICIES
The accounting policies and methods of computation applied for the financial statements are
consistent with those applied for the annual financial statements.
There have been no significant changes to these policies.
2.
EXCEPTIONAL ITEMS
There were no exceptional items for the financial period.
3.
EXTRAORDINARY ITEMS
There were no extraordinary items for the financial period.
4.
TAXATION
There were no material adjustments or transfers in respect of deferred taxation and no material over
or under provisions for taxation in respect of prior years.
5.
PRE-ACQUISITION PROFITS
No pre-acquisition profits were reported for the financial period.
6.
PROFIT ON SALE OF INVESTMENTS AND PROPERTIES
Profit on sale of investment securities for the period is RM15,753,000. There were no properties sold
during the financial period.
7.
PURCHASE AND SALE OF QUOTED SECURITIES
This note is not applicable to financial institutions per BNM guidelines.
8.
EFFECT OF CHANGES IN COMPOSITION OF THE BANK
There were no changes in the composition of the Bank during the financial period.
9.
STATUS OF CORPORATE PROPOSALS
There were no corporate proposals announced which were not completed at the reporting date.
10. SEASONALLY OR CYCLICALLY OF OPERATIONS
The operation of the Bank was not subjected to any material cyclical or seasonality effects during the
financial period.
11. ISSUANCE OR REPAYMENT OF DEBTS AND EQUITY SECURITIES
There were no issuance and repayment of debts and equity securities during the financial period.
12. DEPOSITS AND PLACEMENTS OF FINANCIAL INSTITUTIONS AND DEBT SECURITIES
JUNE
DEC
2004
2003
RM’000
RM’000
Deposits from customers
Fixed deposits and negotiable instruments
- One year or less (short-term)
12,797,978 12,387,475
- More than one year (medium/long term)
2,416,748
854,807
15,214,726 13,242,282
Deposits and placements of banks and
other financial institutions
- One year or less (short-term)
6,538,855
3,424,590
- More than one year (medium/long term)
304,691
343,939
6,843,546
3,768,529
13.
Principal
Amount
Foreign exchange, interest rate and equity and commodity related contracts are subjected to market
and credit risk.
Unaudited Profit And Loss Account Of The Group And Bank
for the financial period ending 30 June 2004
Group and Bank
JUNE
JUNE
2004
2003
RM’000
RM’000
779,909
738,256
(356,577)
(322,557)
423,332
415,699
3,714
4,358
231,808
174,414
658,854
594,471
(317,825)
(241,346)
341,029
353,125
(50,616)
(69,256)
290,413
283,869
(102,547)
(96,140)
187,866
187,729
1,259,595
938,404
1,447,461
1,126,133
309
309
VALUE OF CONTRACTS CLASSIFIED BY REMAINING PERIOD TO MATURITY/NEXT
REPRICING DATE (WHICHEVER IS EARLIER)
NON-PERFORMING LOANS
Balance at 1 January
Non-performing during the period
Less: Recoveries
Amount written off
Balance at 30 June/31 Dec
Group and Bank
JUNE
DEC
2004
2003
RM’000
RM’000
723,031
629,440
210,592
442,749
(137,074)
(144,241)
(7,959)
(204,917)
788,590
723,031
Percentage of net non-performing loans to total loans
(net of specific provision and interest-in-suspense)
1.6%
1.6%
LOAN LOSS PROVISION
Movements in the provision for bad and doubtful debts/(and financing) and interest-in-suspense/
(income-in-suspense) accounts are as follows:
Group and Bank
JUNE
DEC
2004
2003
RM’000
RM’000
General provision
Balance at 1 January
288,298
261,933
Provisions made during the period/year
3,161
26,365
Balance at 30 June/31 Dec
291,459
288,298
Specific provision
Balance at 1 January
Provisions made during the period/year
Amount written back in respect of recoveries
Amount written off/adjustment
Balance at 30 June/31 Dec
297,544
70,762
(23,307)
2,033
347,032
214,528
158,674
(39,787)
(35,871)
297,544
Interest-in-suspense/income-in-suspense
Balance at 1 January
Provisions made during the period/year
Amount written back in respect of recoveries
Amount written off
Balance at 30 June/31 Dec
107,578
25,067
(3,166)
(5,556)
123,923
85,759
55,523
(28,079)
(5,625)
107,578
17.
COMPARISON WITH THE CORRESPONDING PRECEDING HALF YEAR RESULTS
The marginal increase of profit before tax in the 1st half of 2004 of RM290 million as compared to the
preceding half year ended 31 Dec 2003 of RM220 million was mainly attributable to the increased in
loan base.
18.
REVIEW OF PERFORMANCE
The income and expenditure arising from the activities of the subsidiaries have been recognised in the
Bank's profit before tax of RM290 million. The material factors affecting the earnings or profit of the
Bank are the interest rate levels, the quality of portfolio and the overall economic conditions.
19.
CURRENT YEAR'S PROSPECTS
With the stable economic outlook for the rest of the year and the focus on consumer financing,
commercial lending to small & medium sized enterprises as well as capital market services, the Bank
is confident that it will be able to maintain a healthy loan growth for 2004. In addition, the use of online
banking to lower cost base and improve productivity is progressing per plan. For 2004, the Bank is
optimistic that the financial results will be maintained as per previous year.
20.
EXPLANATORY OF VARIANCES BETWEEN ACTUAL AND FORECAST
This is not applicable to the Bank.
21.
DIVIDEND
No interim dividend is declared for the period ending 30 June 2004.
22.
The above financials may be obtained from www.citibank.com.my website.
002810-CBB-200804
2/9/04
5:00 PM
Page 2
CITIBANK BERHAD
DAN ANAK-ANAK SYARIKATNYA
(No. Syarikat 297089 M)
(Diperbadankan di Malaysia)
14.
Kunci Kira-Kira Tak Teraudit pada 30 Jun 2004
Kumpulan
JUN
DIS
2004
2003
RM’000
RM’000
ASET
Tunai dan dana jangka pendek
Deposit dan penempatan dengan
institusi kewangan
Sekuriti diurusniaga
Perjanjian Repo Berbalik
Sekuriti pelaburan
Pinjaman, pendahuluan dan pembiayaan
Aset-aset lain
Deposit berkanun dengan
Bank Negara Malaysia
Pelaburan dalam anak-anak syarikat
Aset tetap
Cukai tertunda
JUMLAH ASET
Bank
JUN
2004
RM’000
DIS
2003
RM’000
8,001,091
4,232,347
8,001,091
4,232,347
3,510,818
2,094,224
169,580
2,890,609
19,108,300
455,761
1,940,978
720,337
3,789,676
18,985,335
625,526
3,510,818
2,094,224
169,580
2,890,609
19,108,300
455,741
1,940,978
720,337
3,789,676
18,985,335
625,506
490,786
108,576
57,900
36,887,645
459,109
109,644
57,900
30,920,852
490,786
20
108,576
57,900
36,887,645
459,109
20
109,644
57,900
30,920,852
22,567,881
19,661,373
22,567,881
19,661,373
6,843,546
3,768,529
6,843,546
3,768,529
1,517,293
187,772
1,538,088
165,827
1,517,293
187,772
1,538,088
165,827
2,414,909
1,285,086
34,816,487
2,514,286
1,319,457
28,967,560
2,414,909
1,285,086
34,816,487
2,514,286
1,319,457
28,967,560
121,697
1,949,461
2,071,158
121,697
1,761,595
70,000
1,953,292
121,697
1,949,461
2,071,158
121,697
1,761,595
70,000
1,953,292
JUMLAH LIABILITI DAN DANA
PEMEGANG SAHAM
36,887,645
30,920,852
36,887,645
30,920,852
KOMITMEN DAN KONTIGENSI
75,873,824
74,084,673
75,873,824
74,084,673
8.57%
10.01%
9.72%
11.20%
8.57%
10.01%
9.72%
11.20%
LIABILITI DAN DANA PEMEGANG
SAHAM
Deposit daripada pelanggan
Deposit dan penempatan bank dan
lain-lain institusi kewangan
Obligasi atas sekuriti yang dijual di bawah
perjanjian pembelian semula
Bil-bil dan penerimaan perlu dibayar
Obligasi rekursa atas pinjaman yang dijual
kepada Cagamas
Liabiliti-liabiliti lain
JUMLAH LIABILITI
MODAL SAHAM
RIZAB
DIVIDEN DICADANGKAN
DANA PEMEGANG SAHAM
KECUKUPAN MODAL
Nisbah modal teras
Nisbah modal risiko wajaran
Akaun Untung Rugi Tak Teraudit Kumpulan Dan Bank
bagi tempoh kewangan berakhir 30 Jun 2004
Pendapatan faedah
Perbelanjaan faedah
Pendapatan faedah bersih
Pendapatan kendalian Perbankan Islam bersih
Pendapatan tanpa faedah
Pendapatan kendalian
Kos kakitangan dan overhed
Keuntungan sebelum peruntukan
Pinjaman dan kerugian pembiayaan serta peruntukan
Keuntungan sebelum cukai
Cukai
Keuntungan selepas cukai
Keuntungan tertahan dibawa ke hadapan
Keuntungan boleh kait kepada dana pemegang saham
Perolehan setiap saham – asas (sen)
Kontrak berkaitan tukaran asing, kadar faedah dan ekuiti dan komoditi adalah tertakluk kepada risiko
pasaran dan kredit.
Risiko pasaran
Risiko pasaran adalah potensi perubahan dalam nilai yang disebabkan oleh pergerakan dalam kadar
atau harga pasaran. Jumlah kontrak yang dinyatakan di atas hanya menyediakan ukuran penglibatan
dalam jenis-jenis urusniaga ini dan tidak mewakili jumlah yang tertakluk kepada risiko pasaran.
Pendedahan kepada risiko pasaran mungkin boleh dikurangkan melalui penolakan kepada dan keluar
kedudukan kunci kira-kira. Pada akhir tempoh kewangan, jumlah kontrak yang tidak dilindung nilai
dan dengan itu terdedah kepada risiko pasaran adalah RM34,201 juta (Dis 2003 - RM40,329 juta).
Risiko kredit
Risiko kredit timbul daripada kemungkinan bahawa pihak yang berkaitan tidak dapat memenuhi termaterma kontrak dalam mana Bank mempunyai kedudukan yang lebih baik. Pada akhir tempoh kewangan,
jumlah risiko kredit, yang diukur dari segi kos untuk menggantikan semula kontrak yang menguntungkan,
adalah RM241 juta (Dis 2003 - RM398 juta). Jumlah akan meningkat atau berkurangan sepanjang hayat
kontrak, terutamanya sebagai fungsi tarikh kematangan dan kadar atau harga pasaran.
Polisi-polisi Perakaunan Berkaitan
(i)
Kontrak Tukaran Hadapan
Kontrak spot dan hadapan dinilai menggunakan kaedah nilai semasa bersih (NPV). Di bawah
kaedah NPV, laba/kerugian dinilai semula didiskaunkan berdasarkan kadar hadapan untuk
menimbang nilai masa wang. Laba dan kerugian tidak direalis diiktiraf dalam penyata
pendapatan bagi tahun kewangan.
(ii)
Kontrak Swap Kadar Faedah, Niagaan ke Depan dan Opsyen
Bank bertindakan sebagai orang tengah dengan pihak-pihak yang berkaitan yang berhasrat
untuk menswap obligasi kadar kaedah mereka. Bank juga menggunakan kontrak swap kadar
faedah, niagaan ke depan dan opsyen dalam kegiatan akaun perdagangannya serta cara bagi
perlindungan nilai pendedahannya sendiri.
Laba dan kerugian ke atas kontrak swap kadar faedah, niagaan ke depan dan opsyen sama ada
ianya bagi tujuan perdagangan atau perlindungan nilai diiktiraf dalam tahun semasa dengan
menggunakan kaedah faedah penandaan kepada pasaran.
15.
Kumpulan dan Bank
JUN
JUN
2004
2003
RM’000
RM’000
779,909
738,256
(356,577)
(322,557)
423,332
415,699
3,714
4,358
231,808
174,414
658,854
594,471
(317,825)
(241,346)
341,029
353,125
(50,616)
(69,256)
290,413
283,869
(102,547)
(96,140)
187,866
187,729
1,259,595
938,404
1,447,461
1,126,133
309
16.
2.
PERKARA TERKECUALI
Tidak ada perkara terkecuali bagi tempoh kewangan.
3.
PERKARA LUAR BIASA
Tidak ada perkara luar biasa bagi tempoh kewangan.
4.
CUKAI
Tidak ada pelarasan atau pemindahan material berhubung dengan cukai tertunda dan tidak ada
terlebih atau terkurang peruntukan material bagi cukai berhubung dengan tahun-tahun terdahulu.
5.
KEUNTUNGAN PRA-PENGAMBILALIHAN
Tidak ada keuntungan pra-pengambilalihan dilaporkan bagi tempoh kewangan.
6.
KEUNTUNGAN ATAS JUALAN PELABURAN DAN HARTA
Keuntungan atas jualan sekuriti pelaburan bagi tempoh adalah RM15,753,000. Tidak ada harta yang
dijual dalam tempoh kewangan.
7.
JUAL BELI SEKURITI DISEBUT HARGA
Nota ini tidak terpakai kepada institusi kewangan mengikut garis panduan BNM.
8.
KESAN PERUBAHAN DALAM KOMPOSISI BANK
Tidak ada perubahan dalam komposisi Bank dalam tempoh kewangan.
9.
STATUS CADANGAN KORPORAT
Tidak ada cadangan korporat yang diumumkan yang belum diselesaikan pada tarikh pelaporan.
10.
KEBERMUSIMAN ATAU KEBERKITARAN OPERASI
Operasi Bank tidak tertakluk kepada apa-apa kesan kebermusiman atau keberkitaran material dalam
tempoh kewangan.
11.
PENERBITAN ATAU BAYARAN BALIK SEKURITI HUTANG DAN EKUITI
Tidak ada penerbitan dan bayaran balik sekuriti hutang dan ekuiti dalam tempoh kewangan.
12.
DEPOSIT DAN PENEMPATAN INSTITUSI KEWANGAN DAN SEKURITI HUTANG
Deposit daripada pelanggan
Deposit tetap dan instrumen boleh niaga
- Satu tahun atau kurang (jangka pendek)
- Lebih daripada satu tahun (jangka sederhana/panjang)
Deposit dan penempatan bank
dan lain-lain institusi kewangan
- Satu tahun atau kurang (jangka pendek)
- Lebih daripada satu tahun (jangka sederhana/panjang)
13.
JUN
2004
RM’000
DIS
2003
RM’000
12,797,978
2,416,748
15,214,726
12,387,475
854,807
13,242,282
6,538,855
304,691
6,843,546
3,424,590
343,939
3,768,529
KOMITMEN DAN KONTIGENSI
Dalam perjalanan biasa perniagaan, Bank membuat beberapa komitmen dan menanggung beberapa
liabiliti kontigen dengan rekursa undang-undang kepada pelanggan-pelanggannya. Tidak ada
kerugian material dijangkakan akibat daripada urusniaga-urusniaga ini.
Pendedahan Risiko Wajaran Kumpulan dan Bank pada:
Kredit gantian langsung
Perkara kontigen berkaitan
urusniaga tertentu
Kontigensi berkaitan perdagangan
cair sendiri jangka pendek
Pembelian aset hadapan
Komitmen tidak boleh batal
untuk memberi kredit
- matang melebihi satu tahun
- matang tidak melebihi satu tahun
Kontrak berkaitan tukaran asing
Kontrak berkaitan kadar faedah
Lain-lain obligasi
37cm x 6cls um
JUN 2004
Jumlah
Kesamaan
Prinsipal
Kredit
RM’000
RM’000
1,216,145
1,216,145
DIS 2003
Jumlah Kesamaan
Prinsipal
Kredit
RM’000
RM’000
1,445,784
1,445,784
342,960
171,480
404,130
202,065
404,776
-
80,955
-
361,646
5,000
72,329
5,000
1,868,037
18,789,459
21,578,197
30,709,856
964,394
75,873,824
934,019
312,174
693,285
3,408,058
1,913,450
15,226,725
15,445,693
38,800,466
481,779
74,084,673
956,725
311,853
995,000
3,988,756
JUN
2004
RM’000
1,015,431
290,413
36,887,645
JUN
2003
RM’000
917,028
283,869
28,130,088
LAPORAN SEGMEN KE ATAS PINJAMAN, PENDAHULUAN DAN PEMBIAYAAN YANG
DIANALISIS MENGIKUT TUJUAN-TUJUAN EKONOMI MEREKA
Kumpulan dan Bank
JUN
DIS
2004
2003
RM’000
RM’000
Pertanian
64,434
65,465
Perlombongan dan kuari
108,164
3,753
Pengilangan
2,482,701
2,492,636
Elektrik, gas dan air
151,668
369,240
Pembinaan
88,652
129,693
Harta tanah
31,648
56,297
Pembelian hartanah
11,067,747 10,628,534
- Kediaman
10,439,455
9,955,114
- Bukan kediaman
628,292
673,420
Perdagangan am
882,303
863,588
Pengangkutan, penstoran dan komunikasi
300,609
530,338
Khidmat kewangan, insurans dan perniagaan
638,671
598,541
Pembelian sekuriti
339,399
241,571
Kredit penggunaan
3,682,947
3,662,190
Lain-lain
31,771
36,909
19,870,714 19,678,755
309
POLISI-POLISI PERAKAUNAN
Polisi-polisi perakaunan dan kaedah-kaedah pengiraan yang terpakai bagi penyata kewangan adalah
konsisten dengan yang dipakai bagi penyata kewangan tahunan.
Tidak ada perubahan ketara kepada polisi-polisi ini.
LITIGASI MATERIAL
Tidak ada litigasi material pada tarikh laporan.
LAPORAN SEGMEN KE ATAS HASIL, KEUNTUNGAN DAN ASET
Bank Komersil
Jumlah Dagangan
Keuntungan Sebelum Cukai
Jumlah Aset
NOTA-NOTA PENJELASAN:
1.
NILAI KONTRAK DIKELASKAN MENGIKUT TEMPOH BAKI SEHINGGA TARIKH MATANG/
TARIKH PERLETAKAN HARGA SEMULA BERIKUTNYA (YANG MANA LEBIH AWAL)
Kumpulan dan Bank (RM juta)
Perkara
Jumlah
1 bulan
>1-3
>3-6
>6-12
>1-5
>5
utama atau kurang
bulan
bulan
bulan
tahun
tahun
Kontrak berkaitan
tukaran asing
- hadapan
10,315
3,032
4,290
2,270
723
- swap
7,482
2,889
2,455
1,500
592
46
- opsyen
3,781
439
930
1,203
1,209
Kontrak berkaitan
kadar faedah
- hadapan
9,555
529
1,105
7,921
- swap
21,064
653
546
776
5,385 10,879
2,825
- opsyen
91
60
31
Jumlah
52,288
7,013
8,221
6,278
9,074 18,877
2,825
PINJAMAN TIDAK BERBAYAR
Baki pada 1 Januari
Pinjaman tidak berbayar dalam tempoh
Tolak: Perolehan semula
Jumlah dihapus kira
Baki pada 30 Jun/31 Dis
Kumpulan dan Bank
JUN
DIS
2004
2003
RM’000
RM’000
723,031
629,440
210,592
442,749
(137,074)
(144,241)
(7,959)
(204,917)
788,590
723,031
Peratusan pinjaman tidak berbayar bersih kepada jumlah pinjaman
(bersih daripada peruntukan khusus dan faedah digantung)
1.6%
1.6%
PERUNTUKAN KERUGIAN PINJAMAN
Pergerakan dalam peruntukan bagi akaun hutang lapuk dan ragu/(dan pembiayaan) serta faedah
digantung/(pendapatan digantung) adalah seperti berikut:Kumpulan dan Bank
JUN
DIS
2004
2003
RM’000
RM’000
Peruntukan am
Baki pada 1 Januari
288,298
261,933
Peruntukan dibuat dalam tempoh/tahun
3,161
26,365
Baki pada 30 Jun/31 Dis
291,459
288,298
Peruntukan khusus
Baki pada 1 Januari
Peruntukan dibuat dalam tempoh/tahun
Jumlah dimasuk kira semula berhubung dengan perolehan semula
Jumlah dihapus kira/pelarasan
Baki pada 30 Jun/31 Dis
297,544
70,762
(23,307)
2,033
347,032
214,528
158,674
(39,787)
(35,871)
297,544
Faedah digantung/pendapatan digantung
Baki pada 1 Januari
Peruntukan dibuat dalam tempoh/tahun
Jumlah dimasuk kira semula berhubung dengan perolehan semula
Jumlah dihapus kira
Baki pada 30 Jun/31 Dis
107,578
25,067
(3,166)
(5,556)
123,923
85,759
55,523
(28,079)
(5,625)
107,578
17.
PERBANDINGAN DENGAN KEPUTUSAN SETENGAH TAHUN SEBELUM INI YANG SEPADAN
Peningkatan kecil keuntungan sebelum cukai pada setengah tahun pertama 2004 sebanyak RM290
juta berbanding dengan setengah tahun sebelum ini berakhir 31 Dis 2003 sebanyak RM220 juta
terutamanya boleh dikaitkan dengan asas pinjaman yang meningkat.
18.
KAJIAN PRESTASI
Pendapatan dan perbelanjaan yang timbul daripada kegiatan anak-anak syarikat telah diiktiraf dalam
keuntungan sebelum cukai Bank sebanyak RM290 juta. Faktor-faktor material yang memberi implikasi
terhadap perolehan atau keuntungan Bank adalah tahap kadar faedah, kualiti portfolio dan keadaan
ekonomi secara keseluruhan.
19.
PROSPEK TAHUN SEMASA
Dengan harapan ekonomi yang stabil bagi tahun selebihnya dan penumpuan ke atas pembiayaan
pengguna, pemberian pinjaman komersial kepada perusahaan bersaiz kecil & sederhana serta
perkhidmatan pasaran modal, Bank yakin bahawa ia akan berupaya untuk mengekalkan
pertumbuhan pinjaman yang baik bagi tahun 2004. Selain daripada itu, penggunaan perkhidmatan
perbankan dalam talian untuk merendahkan asas kos dan meningkatkan produktiviti sedang
berkembang mengikut rancangan. Bagi 2004, Bank adalah optimis bahawa keputusan kewangan
akan dikekalkan seperti tahun sebelum ini.
20.
PENJELASAN TENTANG PERBEZAAN DI ANTARA KEADAAN SEBENAR DAN RAMALAN
Ini tidak terpakai kepada Bank.
21.
DIVIDEN
Tidak ada dividen interim yang diisytiharkan bagi tempoh akan berakhir 30 Jun 2004.
22.
Penyata kewangan di atas boleh didapati dari laman web www.citibank.com.my.