KENANGA ANNUAL REPORT 2019

183 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.): (c) Other lending and factoring receivables and advances to group employees Other lending and factoring receivables Group 2019 Internal rating grade Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: Strong 26,598 - - 26,598 Satisfactory 67,855 - - 67,855 Substandard 2,148 - - 2,148 Non-performing: Individually impaired - - 716 716 Total 96,601 - 716 97,317 Group 2018 Internal rating grade Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: Strong 4,721 - - 4,721 Satisfactory 28,602 - - 28,602 Substandard 28,631 - - 28,631 Non-performing: Individually impaired - - 781 781 Total 61,954 - 781 62,735 An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to other financing is as follows: Group 2019 Gross carrying amount Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 61,954 - 781 62,735 New assets originated or purchased 127,921 - - 127,921 Assets derecognised or repaid (excluding write-offs) (93,274) - (65) (93,339) As at 31 December 96,601 - 716 97,317