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160PUBLIC BANK BERHAD Annual Report 2012Resilient AlwaysChairman’s Review – OverviewSummary of Group Financial PerformanceGroup Funding ProfilePercentage (%)1008060Liquid Assets ProfileRM’Million Percentage (%)100,0003530.9 31.380,00026.1^3022.1^22.12560,0002040,00015402020,000060,65667,98659,26955,29760,6132008 2009 2010 2011 20121050Year02008 2009 2010 2011 2012YearLiquid assetsLiquid assets ratio^Restated due to retrospective application of MFRS 139YEAR 2008 2009 2010 2011 2012Core customer deposits 57.9% 59.9% 64.6% 64.1% 65.7%Wholesale deposits 20.1% 19.7% 14.7% 17.5% 17.8%Deposits from banks 8.7% 10.6% 9.6% 6.4% 4.8%Equity 5.0% 5.2% 6.2% 6.4% 6.7%Debt capital funding 3.3% 3.5% 3.2% 4.3% 3.3%The Group’s liquid assets stood at RM60.61 billion as atthe end of 2012 and accounted for 22.1% of the Group’stotal assets.67.4% of the liquid assets comprise high quality liquidassets which includes cash placements with CentralBank, banks and government securities, thus providing astrong buffer against any adverse funding conditions.Others 5.0% 1.1% 1.7% 1.3% 1.7%The recent crisis has validated that funding is thelifeblood of banking. The Group continued to focus ongrowing core customer deposits as a stable source offunds to finance lending to customers and ensuring astrong liquidity surplus is maintained. As a result ofvarious initiatives undertaken to grow core customerdeposits, the Group’s core customer deposits as apercentage of total funding has increased to 65.7% in2012, from 64.1% in 2011 and 57.9% four years ago.