Page 142 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

4. other receivables
2018 2017
RM’000 RM’000

Staff financing 8,043 10,108
Less: Unearned profit
- Islamic financing on housing and motor vehicles (388) (538)

7,655 9,570
Less: Amount due within 12 months (Note 6) (1,331) (1,336)

Amount due after 12 months 6,324 8,234

Staff financing relates to Islamic financing and conventional housing loans, Islamic financing and
conventional motor vehicle loans, computer loans and study loans. The financing for housing and
motor vehicles are secured over the properties and motor vehicle of the borrowers, respectively. The
staff financing are repayable over a maximum period of 25 years, 7 years, 5 years and 4 years. The rate
charged on these staff financing ranges from 2.0% to 4.0% per annum (2017: 2.0% to 4.0% per
annum).

The maturity structures of the financing to staff as at the end of the financial year were as follows:

2018 2017
RM’000 RM’000

Within 1 year 1,331 1,336
More than 1 year and up to 5 years 3,762 4,345
More than 5 years 2,562 3,889

7,655 9,570

132 | PART 5 »» STATEMENTS, STATiSTiCS ANd ACTiviTiES

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