Investor Presentaiton
MORGAN STANLEY BANK ASIA LIMITED
NOTES TO THE FINANCIAL STATEMENTS
Year ended 31 December 2020
4.
INTEREST INCOME AND INTEREST EXPENSE
The table below presents interest income and expense by accounting classification. Interest income and
expense is calculated using the EIR method for financial assets and financial liabilities measured at
amortised cost and financial assets measured at FVOCI. Interest income includes realised interest on
certain financial assets measured at FVPL.
2020
US$'000
2019
US$'000
Financial assets measured at amortised cost
49,366
68,903
Financial assets measured at FVOCI
8,126
23,747
Financial assets not measured at FVPL
57,492
92,650
Non-trading financial assets measured at FVPL
2,155
12,470
Financial assets measured at FVPL
2,155
12,470
Total interest income
59,647
105,120
Financial liabilities measured at amortised cost
(16,949)
(20,241)
Total interest expense
(16,949)
(20,241)
Net interest income
42,698
84,879
No other gains or losses have been recognised in respect of financial assets measured at amortised cost
other than as disclosed as 'Interest income' and foreign exchange differences disclosed in ‘Other revenue'
(note 7).
No other gains or losses have been recognised in respect of financial liabilities measured at amortised
cost other than as disclosed as 'Interest expense', and foreign exchange differences disclosed in 'Other
revenue' (note 7).
5.
FEE AND COMMISSIONS
2020
US$'000
2019
US$'000
Fee and commission income:
Sales commissions and fees
415,484
Other fees
22
Total fee and commission income
415,506
272,656
10
272,666
Of which, revenue from contracts with customers
14,678
14,077
Fee and commission expense:
Sales commissions and fees
(1,090)
(1,950)
Total fee and commission expense
(1,090)
(1,950)
Net fee and commission income
414,416
270,716
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