KENANGA ANNUAL REPORT 2019

302 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2019 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (h) Financing and advances at AC (cont’d.) (vi) Impairment allowance for financing and advances are as follows: ECL allowances Group & Bank 2019 Stage 1 RM’000 Total RM’000 As at 1 January - - New assets originated 728 728 Assets derecognised or repaid (excluding write-offs) (83) (83) As at 31 December 645 645 (i) Other assets Group and Bank 2019 RM’000 2018 RM’000 Income receivables 4,651 4,431 Prepayment 1 5 Other receivables 100 22,061 Less: Allowance for impairment (60) (8) 4,692 26,489