KENANGA ANNUAL REPORT 2023

NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 215 OUR SUSTAINABILITY APPROACH HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION 11. OTHER ASSETS (CONT’D.) 11.1 ECL allowance for other debtors are as follows (cont’d.): Bank 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 1,764 313 2,077 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 6,400 6,804 11.2 ECL allowance for amounts due from subsidiaries are as follows: Bank ECL allowances 2023 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 240 - - 240 Impact of net remeasurement (146) - - (146) As at 31 December 94 - - 94 Bank ECL allowances 2022 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January/31 December 240 - - 240

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