193 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 KENANGA INVESTMENT BANK BERHAD Annual Report 2022 7. FINANCIAL INVESTMENTS OTHER THAN THOSE MEASURED AT FVTPL (CONT’D.) (a) Financial instruments at FVOCI (cont’d.): Impairment losses on financial instruments subject to impairment assessment (cont’d.) Debt instruments at FVOCI (cont’d.) An analysis of changes in the fair value and the corresponding ECLs is as follows (cont’d.): 2022 Group and Bank ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total ECL RM’000 As at 1 January 390 - - 390 Impact of re-measurement of ECL 50 78 - 128 Changes in model assumption and methodology (129) - - (129) Transfer of stages (50) 50 - - As at 31 December 261 128 - 389 2021 Group and Bank ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total ECL RM’000 As at 1 January 386 - - 386 Impact of re-measurement of ECL 4 - - 4 As at 31 December 390 - - 390 (b) Financial instruments at amortised cost: Group and Bank 2022 RM’000 2021 RM’000 Debt instruments: Malaysian Government Securities 49,677 - Malaysian Government Investment Certificates 177,316 39,912 Corporate Bonds 20,002 20,012 Islamic Corporate Sukuk 202,119 153,785 449,114 213,709 Less: Allowance for ECL - (49) Total financial instruments at amortised cost 449,114 213,660
RkJQdWJsaXNoZXIy NDgzMzc=