Kenanga Investment Bank Berhad Annual Report 2021 328 Our Sustainability Approach About This Report We Are Kenanga Message From Chairman and GMD 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (g) Financial investment other than those measured at FVTPL (cont’d.) Group and Bank 2021 RM’000 2020 RM’000 (ii) Financial investments at AC: Money market instruments: Malaysian Government Investment Certificates 9,995 - Debt instruments: Corporate Sukuk 58,049 66,878 Less: Allowance for ECL - (56) Total financial investments at AC 68,044 66,822 Total financial investments other than those measured at FVTPL 310,565 295,523 (iii) Impairment losses on financial investments subject to impairment assessment AC An analysis of changes in the ECLs is, as follows: Movement in ECLs Group and Bank 2021 RM’000 Stage 1 RM’000 Total As at 1 January 56 56 Assets derecognised or repaid (excluding write-offs) (4) (4) Impact of net re-measurement of ECL (52) (52) As at 31 December - - Movement in ECLs Group and Bank 2020 RM’000 Stage 1 RM’000 Total As at 1 January - - New assets originated or purchased 73 73 Impact of net re-measurement of ECL (17) (17) As at 31 December 56 56 Notes to the Financial Statements 31 December 2021
RkJQdWJsaXNoZXIy NDgzMzc=