KENANGA ANNUAL REPORT 2023

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 214 WE ARE KENANGA LEADERSHIP MESSAGE VALUE CREATION MODEL KENANGA INVESTMENT BANK BERHAD ANNUAL REPORT 2023 11. OTHER ASSETS (CONT’D.) 11.1 ECL allowance for other debtors are as follows (cont’d.): Group ECL allowances 2022 Non-Credit Impaired RM’000 CreditImpaired RM’000 Total RM’000 As at 1 January 223 4,999 5,222 New assets originated or purchased 1,764 5,168 6,932 Assets derecognised or repaid (excluding write-offs) - (1,688) (1,688) Transfer of stages (1,583) 1,583 - Impact of net remeasurement - 1,193 1,193 As at 31 December 404 11,255 11,659 Bank ECL allowances 2023 Non-Credit Impaired RM’000 CreditImpaired RM’000 Total RM’000 As at 1 January 404 6,400 6,804 New assets originated or purchased 1,842 4,936 6,778 Assets derecognised or repaid (excluding write-offs) - (2,911) (2,911) Transfer of stages (2,105) 2,105 - Impact of net remeasurement - 9,268 9,268 Changes in model assumption or methodology - 4,063 4,063 As at 31 December 141 23,861 24,002

RkJQdWJsaXNoZXIy NDgzMzc=