KENANGA ANNUAL REPORT 2018

NOTES TO THE FINANCIAL STATEMENTS 31 December 2018 285 ANNUAL REPORT 2018 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (g) Financial investment other than those measured at FVTPL (cont’d.) (v) Impairment losses on financial investments subject to impairment assessment Debt instrument at Amortised Cost (“AC’’): An analysis of changes in the ECLs is, as follows: Group and Bank 2018 RM’000 RM’000 Stage 1 Total Movement in ECLs ECLs as at 1 January (32) (32) Impact of net re-measurement of ECL 32 32 As at 31 December - - (h) Financing and advances at amortised cost Group and Bank 2018 2017 RM’000 RM’000 Commodity Murabahah revolving credit - Shariah contract - others 15,043 12,653 Commodity Murabahah term financing - Shariah contract - others 151,075 159,400 Commodity Murabahah share margin financing - Shariah contract - others 7,793 130 Gross financing and advances 173,911 172,183 Allowance for impairment: - Collective allowance - (131) Net financing and advances 173,911 172,052 (i) Gross financing and advances analysed by type of customer are as follows: Domestic business enterprises 141,039 136,947 Individuals 32,872 35,236 173,911 172,183 (ii) Gross financing and advances analysed by geographical distribution are as follows: In Malaysia 173,911 172,183