Page 214 - Capricorn IAR 2020

GLOSSARY OF TERMS ANNUAL FINANCIAL GLOSSARY OF TERMS STATEMENTS
NOTES TO THE CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS (continued)
for the year ended 30 June 2020
7. NON-INTEREST INCOME
7.1 Fee and commission income
Group
2020 2019 N$’000 N$’000
Company
2019 N$’000
866,131
38,202 62,906 5,272
192,430 (62,380)
118,187
2020 N$’000
391,053 382,983 78,535 13,560
37,389 11,178
914,698
16,688
528,171
–
–
106,380
16,688
3,049 28,236 – – 364 830
3,875
464,620
16,636
(8,634)
48,752
2,922
32,479
–
–
130,050
–
(25,540) (1,001)
(26,541)
–
–
–
–
118,187
914,698 3,413 118,187 238,955
52,627
492,232
–
1,275,253
544,859
–
–
1,275,253
544,859
Transaction and related fees 884,085
Cards and electronic channels 383,107 Transaction based fee income 431,458 Lending activities 69,520 Other charges –
Commissions 33,979 Trust and fiduciary fees 8,850
926,914
7.2 Net trading income
Net foreign exchange gains and losses 95,846 Net gain from financial instruments at fair value 101,480 Net investment income –
– 8,340 –
8,340
2,328 941,802 19,390
(24,608) 46,054 1,362
986,328
– –
–
– –
–
–
– 994,668
– 48,382
– 946,286
994,668
197,326
Net foreign exchange gains and losses from trading assets includes gains and losses from spot and forward exchange contracts and translation of foreign currency assets and liabilities.
Net gain from financial instruments at fair value includes the gains and losses from treasury bills, government stock and derivative financial instruments.
7.3 Other operating income
Commission and insurance related income 3,875 Dividend received 38,123 Interest received – Net foreign exchange gains and losses – Support services rendered 310 Other 469
42,777
7.4 Net insurance premium income
Gross written premiums 185,795 Change in unearned premium provision (32,802)
152,993
7.5 Net insurance claims and benefits paid
Gross insurance contract claims (29,157) Transfer to provision for IBNR claims (1,562)
(30,719)
7.6 Asset management and administration fees
Asset management and administration fees 135,420
135,420
Total non-interest income 1,424,711
7.7 Types of revenue from contracts with customers
Fee and commission income 926,914 Other operating income 4,185
Asset management and administration fees 135,420 Income other than from contracts with customers 358,192
Total revenue 1,424,711
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