KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 167 ANNUAL REPORT 2018 8. FINANCIAL INVESTMENTS OTHER THAN THOSE MEASURED AT FVTPL (CONT’D.) (a) Financial instruments at FVOCI (cont’d.): (i) Impairment losses on financial instruments subject to impairment assessment (cont’d.) Debt instruments at FVOCI (cont’d.) An analysis of changes in the fair value and the corresponding ECLs is, as follows: 2018 Stage 1 Stage 2 Stage 3 Total Group and Bank RM’000 RM’000 RM’000 RM’000 As at 1 January 1,009,677 - - 1,009,677 New assets originated or purchased 867,028 - - 867,028 Assets derecognised or matured (excluding write-offs) (221,366) - - (221,366) Change in fair value 4,583 - - 4,583 As at 31 December 1,659,922 - - 1,659,922 2018 Stage 1 Stage 2 Stage 3 Total ECL ECL allowances RM’000 RM’000 RM’000 RM’000 As at 1 January 17 - - 17 New assets originated or purchased 208 - - 208 As at 31 December 225 - - 225 (b) Financial instruments at amortised cost: Group and Bank 2018 2017 RM’000 RM’000 Debt instruments: Malaysian Government Investment Certificates 9,876 - Corporate Bonds 20,038 - Islamic Corporate Sukuk At cost 92,202 - Less: Allowance for ECL (860) - 121,256 - Total financial instruments at amortised cost 121,256 -