Page 202 - SC SCAR 2023 ENGLISH Flipbook

PART 5 ORGANISATION INFORMATION
17.1 Nature of revenue
The following information reflects the transactions of the SC:
Nature of services
Levies
Fees and charges License fees Registration fees
Significant payment term
30 days
Not applicable Not applicable Not applicable
Timing of recognition or method used to recognise revenue
Revenue is derived from Malaysia and recognised at a point in time.
Revenue is derived from Malaysia and recognised over time.
Revenue is derived from Malaysia and recognised over time.
Revenue is derived from Malaysia and recognised at a point in time.
Timing of recognition or method used to recognise income
Income is derived from Malaysia and recognised at a point in time.
Income is derived from Malaysia and recognised at a point in time.
Income is derived from Malaysia and recognised at a point in time.
Gain or loss from a change on fair value of financial asset
17.2 The nature of other income are as follows:
Nature of services
Penalty income
Recovery of investigation and proceeding costs
Residual sum
Net fair value gain and loss on financial asset at FVTPL
Significant payment term
Not applicable Not applicable Not applicable Not applicable
17.3 Thetablebelowprovidesinformationaboutcontractliabilitiesfromcontractswithcustomers:
Contract liabilities
Income recognised during the financial year that
was included in the contract liabilities balance at the beginning of the period
Note 2023 RM’000
16 5,137
2,860
2022 RM’000
2,860
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200 SECURITIES COMMISSION MALAYSIA ANNUAL REPORT 2023