KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 174 KENANGA INVESTMENT BANK BERHAD 10. LOANS, ADVANCES AND FINANCING (CONT’D.) 10.2 Impairment allowance for loans, advances and financing are as follows (cont’d.): (a) Term loans and subordinated term loan (cont’d.) An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to term loan is, as follows: 2018 Group Stage 1 Stage 2 Stage 3 Total Gross carrying amount RM’000 RM’000 RM’000 RM’000 As at 1 January 588,800 - - 588,800 New assets originated 221,750 - - 221,750 Assets derecognised or repaid (excluding write-offs) (256,268) - - (256,268) Transfers of stages (6,417) 6,417 - - As at 31 December 547,865 6,417 - 554,282 2018 Bank Stage 1 Stage 2 Stage 3 Total Gross carrying amount RM’000 RM’000 RM’000 RM’000 As at 1 January 624,739 - - 624,739 New assets originated 233,160 - - 233,160 Assets derecognised or repaid (excluding write-offs) (270,309) - - (270,309) Transfers of stages (6,417) 6,417 - - As at 31 December 581,173 6,417 - 587,590 2018 Group Stage 1 Stage 2 Stage 3 Total ECL allowances RM’000 RM’000 RM’000 RM’000 As at 1 January 1,302 - - 1,302 Net addition 1,048 - - 1,048 Assets derecognised or repaid (excluding write-offs) (1,535) - - (1,535) As at 31 December 815 - - 815 2018 Bank Stage 1 Stage 2 Stage 3 Total ECL allowances RM’000 RM’000 RM’000 RM’000 As at 1 January 1,720 - - 1,720 Net addition 1,048 - - 1,048 Assets derecognised or repaid (excluding write-offs) (1,567) - - (1,567) As at 31 December 1,201 - - 1,201