KENANGA ANNUAL REPORT 2021

Kenanga Investment Bank Berhad Annual Report 2021 208 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD 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 (cont’d.) Other lending and factoring receivables (cont’d.) Group An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to other financing is as follows: Gross carrying amount 2021 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 84,972 - 664 85,636 New assets originated or purchased 99,193 - - 99,193 Assets derecognised or repaid (excluding write-offs) (99,500) (1,943) (644) (102,087) Transfers of stages (15,603) 7,182 8,421 - As at 31 December 69,062 5,239 8,441 82,742 Gross carrying amount 2020 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 96,601 - 716 97,317 New assets originated or purchased 121,663 - 811 122,474 Assets derecognised or repaid (excluding write-offs) (133,292) - (863) (134,155) As at 31 December 84,972 - 664 85,636 ECL allowances 2021 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 53 - 664 717 Assets derecognised or repaid (excluding write-offs) (40) - - (40) As at 31 December 13 - 664 677 Notes to the Financial Statements 31 December 2021

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