KENANGA ANNUAL REPORT 2017

10. LOANS, ADVANCES AND FINANCING (CONT’D.) (v) Gross loans, advances and financing analysed by residual contractual maturity are as follows: Group Bank 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 Within one year 1,778,176 1,785,930 1,751,870 1,673,848 More than one year 420,258 322,221 430,518 394,176 2,198,434 2,108,151 2,182,388 2,068,024 (vi) Movements in impaired loans, advances and financing are as follows: Group Bank 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 At beginning of the financial year 2,608 7,942 1,735 1,954 Impaired during the financial year 176 1,824 176 160 Amount written off – (379) – (379) Amount recovered (47) (6,779) (1) – At end of the financial year 2,737 2,608 1,910 1,735 Individual allowance (2,264) (2,135) (1,441) (1,266) 473 473 469 469 Net impaired loans as % of gross loans, advances and financing less individual allowance 0.02% 0.02% 0.02% 0.02% Impaired loans, advances and financing consist of all the past due accounts regardless of any recognition of allowances for impairment. (vii) Impaired loans, advances and financing analysed by geographical distribution are as follows: Group Bank 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 In Malaysia 2,737 2,608 1,910 1,735 (viii) Impaired loans, advances and financing analysed by economic purpose are as follows: Group Bank 2017 RM’000 2016 RM’000 2017 RM’000 2016 RM’000 Working capital 827 869 – – Purchase of securities 1,910 1,739 1,910 1,735 2,737 2,608 1,910 1,735 Kenanga Investment Bank Berhad 31 December 2017 126 notes to the financial statements