KENANGA INVESTMENT BANK BERHAD INTEGRATED ANNUAL REPORT 2024 WE ARE KENANGA OUR SUSTAINABILITY APPROACH LEADERSHIP STATEMENT HOW WE ARE GOVERNED SHAREHOLDERS’ INFORMATION NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 NOTES TO THE FINANCIAL STATEMENTS 31 DECEMBER 2024 FINANCIAL STATEMENTS ADDITIONAL INFORMATION OUR VALUE CREATION APPROACH 215 214 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.2 Impairment allowance for loans, advances and financing are as follows (cont’d.): (a) Term loans/financing and subordinated term loan (cont’d.) An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to term loans/ financing and subordinated term loan is as follows (cont’d.): Group ECL allowances 2024 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 537 2,741 - 3,278 New assets originated or purchased 98 - - 98 Assets derecognised or repaid (excluding write-offs) (53) - - (53) Net remeasurement of allowances 221 (1,991) - (1,770) As at 31 December 803 750 - 1,553 Group ECL allowances 2023 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 170 2,900 - 3,070 New assets originated or purchased 531 - - 531 Assets derecognised or repaid (excluding write-offs) (226) - - (226) Net remeasurement of allowances 85 (159) - (74) Changes in model assumption or methodology (23) - - (23) As at 31 December 537 2,741 - 3,278 9. LOANS, ADVANCES AND FINANCING (CONT’D.) 9.2 Impairment allowance for loans, advances and financing are as follows (cont’d.): (a) Term loans/financing and subordinated term loan (cont’d.) An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to term loans/ financing and subordinated term loan is as follows (cont’d.): Bank ECL allowances 2024 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 680 2,741 - 3,421 New assets originated or purchased 149 - - 149 Assets derecognised or repaid (excluding write-offs) (59) - - (59) Net remeasurement of allowances 950 (1,991) - (1,041) As at 31 December 1,720 750 - 2,470 Bank ECL allowances 2023 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 569 2,900 - 3,469 New assets originated or purchased 556 - - 556 Assets derecognised or repaid (excluding write-offs) (391) - - (391) Net remeasurement of allowances (46) (159) - (205) Changes in model assumption or methodology (8) - - (8) As at 31 December 680 2,741 - 3,421
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