DMIT_Annual_Report_2018_EN

N OTES TO THE C ONSOLIDATED F INANCIAL S TATEMENTS Dar Al-Maal Al-Islami Trust 22 (b) Reconciliation of statement of financial position balances from IAS 39 to IFRS 9 The Group performed a detailed analysis of its business models for managing financial assets and analysis of their cash flow characteristics. The following table reconciles the carrying amounts of financial assets, from their previous measurement category in accordance with IAS 39 to their new measurement categories upon transition to IFRS 9 on 1 January 2018: Financial assets IAS 39 carrying amount 31 December 2017 Reclassifications Re-measurements IFRS 9 carrying amount 1 January 2018 Amortised cost Cash and cash equivalents 837,344 - (119) 837,225 Investment with Islamic institution 196 - - 196 Investments in financing 1,812,957 - (112,666) 1,700,291 Accounts and other financial assets (excluding derivative financial instruments) 139,945 - (655) 139,290 Cash at Central Bank – statutory reserve 171,113 - (24) 171,089 Investment securities- held to maturity 122,260 - - 122,260 Subtotal 3,083,815 - (113,464) 2,970,351 Fair value through other comprehensive income (FVOCI) Investment securities 1,393,742 - (94) 1,393,648 Subtotal 1,393,742 - (94) 1,393,648 Fair value through profit or loss (FVTPL) Trading securities 314,851 - - 314,851 Investment securities 76,878 - - 76,878 Derivatives financial instruments 595 - - 595 Subtotal 392,324 - - 392,324 Total 4,869,881 - (113,558) 4,756,323