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Notes to the financial statements
31 December 2014
Bursa Malaysia
•
Annual Report 2014
138
22. Cash for trading margins, security deposits, SBL collaterals and eDividend distributions (cont’d.)
Note a
The cash received from Clearing Participants (CPs) and Trading Clearing Participants (TCPs) are placed in interest-bearing deposits and interest earned is
credited to the CPs’ and TCPs’ accounts net of service charges. Cash received for eDividend distributions is placed in interest-bearing deposits until such time
when dividend payment is due. Details of the cash received are as follows:
Group
2014
2013
RM’000
RM’000
Cash on hand and at banks
125,418
170,876
Deposits with licensed financial institutions
591,715
564,667
717,133
735,543
Note b
The amount of non-cash collaterals for trading margins, security deposits and SBL collaterals held by, but not belonging to, the Group and which are not included
in the Group’s statement of financial position as at the financial year end comprise the following:
Group
2014
2013
RM’000
RM’000
Collaterals in the form of letters of credit
494,115
499,385
Collaterals in the form of shares
6,220
3,216
500,335
502,601
Note c
Trade payables comprise trading margins and security deposits which are derived from cash received from CPs of Bursa Malaysia Derivatives Clearing for their
open interests in derivatives contracts. Collaterals are also lodged by TCPs of Bursa Malaysia Securities Clearing for borrowings under the SBL framework.