Page 59 - Agib Bank Limited Annual Report 2021

5.1.2 Financial assets and liabilities

Accounting classifications and fair values. The table below sets out the bank’s classification of each class of
financial assets and liabilities, and their fair values (excluding accrued profit).

Designated at Held-to- Loans Available- Other Total
fair value and amortised carrying

31-Dec-21 maturity receivabl for-sale Cost Amount Fair value
es
Cash and cash equivalents 752,345 - - - - 752,345 752,345
Investments - 467,618 - - - 467,618 467,618
- - - - - - -
Loans and advances to - - 2,180,134 - - 2,180,134 2,180,134
customers
Trading assets 2,193 - - - - 2,193 2,193
- - - - - 3,402,290 3,402,290
Trading liabilities - - - - - - -
Derivative liabilities held for - - - - - - -
risk management
Deposits from banks - - - - - - -
Deposits from customers - - 3,420,188 - - 3,420,188 3,420,188
Debt securities issued - - - - - - -
Subordinated liabilities - - - - - - -
- - - - - 3,420,188 3,420,188

31-Dec-20
Cash and cash equivalents 897,150 - - - - 897,150 897,150
Sukuk al Islam - 309,884, - - - 309,884 309,884
Derivative assets held for - - - - - - -
risk management
Loans and advances to - - 1,159,410 - - 1,159,410 1,159,410
customers

Trading assets 2,193 - - - - 2,193 2,193
- - - - - 2,368,637 2,368,637
Trading liabilities - - - - - - -
Derivative liabilities held for - - - - - - -
risk management
Deposits from banks - - - - - - -
Deposits from customers - - 2,482,733 - - 2,482,733 2,482,733
Subordinated liabilities - - - - - - -
- - - - - - -

Annual Report and IFRS Financial Statements
Agib Bank Annual Report 2021 www.agib.gm 59