Kenanga Investment Bank Berhad Annual Report 2021 248 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD 34. CREDIT LOSS REVERSAL/(EXPENSES) The table below shows the ECL charges on financial instruments for the financial year recorded in the income statement: Group (a) Movement in ECLs on debt instruments, loan commitments and loans, advances and financing: 2021 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Debts instruments at FVOCI (Note 7(a)) (4) - - (4) Debts instruments at amortised cost (Note 7(b)) 56 - - 56 Loans, advances and financing (Note 9.2) 163 - (2,783) (2,620) Credit loss (expenses)/reversal 215 - (2,783) (2,568) 2020 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Debts instruments at FVOCI (Note 7(a)) (350) - - (350) Debts instruments at amortised cost (Note 7(b)) (105) 338 - 233 Loans, advances and financing (Note 9.2) (1,929) - (2,501) (4,430) Loan commitments (Note 9.2(d)) 129 - - 129 Credit loss (expenses)/reversal (2,255) 338 (2,501) (4,418) (b) Movement in ECLs on other financial assets: 2021 Non- Credit Impaired RM’000 Credit- Impaired RM’000 Total RM’000 Balances due from clients and brokers (Note 10.1) 18 (87) (69) Other debtors (Note 11.1) (1,054) 1,791 737 Credit loss (expenses)/reversal (1,036) 1,704 668 2020 Non- Credit Impaired RM’000 Credit- Impaired RM’000 Total RM’000 Balances due from clients and brokers (Note 10.1) (37) 157 120 Other debtors (Note 11.1) (1,513) (41) (1,554) Credit loss (expenses)/reversal (1,550) 116 (1,434) Notes to the Financial Statements 31 December 2021
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