332 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2022 Additional Information We Are Kenanga Message From Our Leaders Our Sustainability Approach How We Are Governed Financial Statements Shareholders’ Information 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (h) Financing and advances (cont’d.) (vi) Impairment allowance for financing and advances are as follows: 2022 Group & Bank ECL allowances Stage 1 RM’000 Total RM’000 As at 1 January 96 96 New assets originated 93 93 Assets derecognised or repaid (excluding write-offs) (122) (122) Net remeasurement of allowance (12) (12) As at 31 December 55 55 2021 Group & Bank ECL allowances Stage 1 RM’000 Total RM’000 As at 1 January 219 219 New assets originated 47 47 Assets derecognised or repaid (excluding write-offs) (185) (185) Net remeasurement of allowance 15 15 As at 31 December 96 96 (i) Other assets Group and Bank 2022 RM’000 2021 RM’000 Income receivables 2,433 3,238 Prepayment 6 6 Other receivables 89 55 Less: ECL (54) (53) 2,474 3,246
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