KENANGA ANNUAL REPORT 2021

201 How We Are Governed Financial Statements Shareholders’ Information Additional Information 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.) Bank Internal rating grade 2021 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: Satisfactory 464,584 - - 464,584 Substandard 67,998 63,073 - 131,071 Total 532,582 63,073 - 595,655 Bank Internal rating grade 2020 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Performing: Satisfactory 524,484 - - 524,484 Substandard 48,395 87,908 - 136,303 Total 572,879 87,908 - 660,787 An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to term loan is as follows: Group Gross carrying amount 2021 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 499,884 87,909 - 587,793 New assets originated or purchased 155,500 4,359 - 159,859 Assets derecognised or repaid (excluding write-offs) (170,255) (38,460) - (208,715) Transfers of stages (9,165) 9,165 - - Modification of contractual cash flow of assets 40 100 - 140 As at 31 December 476,004 63,073 - 539,077 Group Gross carrying amount 2020 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 622,529 42,794 - 665,323 New assets originated or purchased 199,589 4,151 - 203,740 Assets derecognised or repaid (excluding write-offs) (272,135) (8,947) - (281,082) Transfers of stages (50,029) 50,029 - - Modification of contractual cash flow of assets (70) (118) - (188) As at 31 December 499,884 87,909 - 587,793

RkJQdWJsaXNoZXIy NDgzMzc=