KENANGA ANNUAL REPORT 2019

180 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.2 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 (cont’d.): Group 2018 ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 1,302 - - 1,302 New assets originated or purchased 1,048 - - 1,048 Assets derecognised or repaid (excluding write-offs) (1,535) - - (1,535) As at 31 December 815 - - 815 Bank 2019 ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 1,201 - - 1,201 New assets originated or purchased 1,601 - - 1,601 Assets derecognised or repaid (excluding write-offs) (691) - - (691) As at 31 December 2,111 - - 2,111 Bank 2018 ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 1,720 - - 1,720 New assets originated or purchased 1,048 - - 1,048 Assets derecognised or repaid (excluding write-offs) (1,567) - - (1,567) As at 31 December 1,201 - - 1,201