<strong>Prudential</strong> Assurance <strong>Malaysia</strong> Berhad(Company No. 107655-U)(Incorporated in <strong>Malaysia</strong>)Notes <strong>to</strong> the interim financial statements (continued)6. Regula<strong>to</strong>ry capital requirementsThe capital structure of the Company as at 30 June 2013, as prescribed under the BNM RiskBased Capital Framework is provided below:As atAs at30.06.2013 31.12.2012RM’000 RM’000Eligible Tier 1 CapitalShare capital (paid-up) 100,000 100,000Reserves, including retained earnings 1,463,223 3,327,092_________ _________1,563,223 3,427,092-------------- --------------Tier 2 CapitalEligible reserves - -_________ _________- ---------------- -------------Total capital available 1,563,223 3,427,092========= =========The capital adequacy ratio as at 31 December 2012 and 30 June 2013, were derived based on All Fundsbasis and All Funds Except Participating Fund basis, respectively.7. Capital commitmentsAs atAs at30.06.2013 31.12.2012RM’000 RM’000Capital expenditureApproved and contracted for:Property and equipment 5,604 4,041====== ======8. Dividends paidDuring the period, the Company paid a single tier interim dividend of 505% <strong>to</strong>talling RM505million for the year ending 31 December 2013 on 22 May 2013.Page 18
<strong>Prudential</strong> Assurance <strong>Malaysia</strong> Berhad(Company No. 107655-U)(Incorporated in <strong>Malaysia</strong>)Notes <strong>to</strong> the interim financial statements (continued)9. Insurance FundsThe Company’s activities are organised by funds and segregated in<strong>to</strong> the Life, General and Shareholders’ funds in accordance with the Insurance Act, 1996and Insurance Regulations, 1996.The statement of financial position and statement of profit or loss and other comprehensive income have been further analysed by funds and theShareholders’ and General Funds has been presented <strong>to</strong>gether as one fund.The life insurance business offers a wide range of participating and non-participating Whole Life, Term Assurance, Endowment and Annuity products, as wellas investment-linked products.The general insurance business offers general insurance products which include Mo<strong>to</strong>r, Fire and Personal Accidents products.Interim statement of financial position by funds as at 30 June 2013Shareholders’ and General funds Life fund Elimination* Total30.06.2013 31.12.2012 30.06.2013 31.12.2012 30.06.2013 31.12.2012 30.06.2013 31.12.2012RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000 RM’000AssetsProperty and equipment 1,050 1,054 113,834 110,085 - - 114,884 111,139Investments 135,284 134,672 18,526,041 17,498,852 - - 18,661,325 17,633,524Reinsurance assets 3,633 3,877 - - - - 3,633 3,877Insurance receivables - - 58,709 43,899 - - 58,709 43,899Other receivables 59,921 551,893 149,057 119,347 62,950 (521,124) 271,928 150,116Tax recoverable 20 1,151 26,257 16,933 - - 26,277 18,084Cash and bank balances 892 948 50,191 46,118 - - 51,083 47,066_______________________________________________________________________________________________________Total assets 200,800 693,595 18,924,089 17,835,234 62,950 (521,124) 19,187,839 18,007,705===================================================================================================Page 19