KENANGA ANNUAL REPORT 2021

209 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.): (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 (cont’d.): ECL allowances 2020 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January - - 716 716 New assets originated or purchased 53 - - 53 Assets derecognised or repaid (excluding write-offs) - - (52) (52) As at 31 December 53 - 664 717 Advances to group employees Group and Bank 2021 2020 RM’000 RM’000 Gross carrying amount 97 181

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