KENANGA ANNUAL REPORT 2021

203 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.) 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 ECL allowances 2021 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 3,059 - - 3,059 New assets originated or purchased 46 - - 46 Assets derecognised or repaid (excluding write-offs) (184) - - (184) Impact of remeasurement 15 - - 15 As at 31 December 2,936 - - 2,936 Group ECL allowances 2020 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 1,183 - - 1,183 New assets originated or purchased 330 - - 330 Assets derecognised or repaid (excluding write-offs) (578) - - (578) Impact of remeasurement (716) - - (716) Changes in model assumption or methodology 2,840 - - 2,840 As at 31 December 3,059 - - 3,059

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