NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2023 337 OUR SUSTAINABILITY APPROACH HOW WE ARE GOVERNED FINANCIAL STATEMENTS SHAREHOLDERS’ INFORMATION ADDITIONAL INFORMATION 53. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (h) Financing and advances (cont’d.) (iv) Gross financing and advances analysed by economic purpose are as follows: Group and Bank 2023 RM’000 2022 RM’000 Purchase of securities 15,843 36,618 Working capital 61,800 57,914 Others 62,029 3,015 139,672 97,547 (v) Gross financing and advances analysed by residual contractual maturity are as follows: Group and Bank 2023 RM’000 2022 RM’000 Within one year 82,020 73,737 More than one year 57,652 23,810 139,672 97,547 (vi) Impairment allowance for financing and advances are as follows: Term Financing: ECL allowances Group and Bank 2023 Stage 1 RM’000 Total RM’000 As at 1 January 55 55 New assets originated 375 375 Assets derecognised or repaid (excluding write-offs) (70) (70) Net remeasurement of allowance (152) (152) As at 31 December 208 208 ECL allowances Group and Bank 2022 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
RkJQdWJsaXNoZXIy NDgzMzc=