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 261 260 35. CREDIT LOSS (EXPENSE)/REVERSAL (CONT’D.) Bank (a) Movements in ECL on debt instruments, loan commitments, loans, advances and financing and amount due from subsidiaries: 2024 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Debts instruments at FVOCI (Note 7(a)) 921 - - 921 Debts instruments at amortised cost (Note 7(b)) (1,154) - - (1,154) Loans, advances and financing (Note 9.2) (1,040) 1,991 (2,396) (1,445) Loan commitments 68 - - 68 Recoveries from share margin financing - - 4,937 4,937 Amount due from subsidiaries (Note 11.2) (412) - - (412) Credit loss (expense)/reversal (1,617) 1,991 2,541 2,915 2023 Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 Debts instruments at FVOCI (Note 7(a)) (1,199) 128 - (1,071) Loans, advances and financing (Note 9.2) (111) 159 13,737 13,785 Loan commitments (15) - - (15) Recoveries from share margin financing - - 4,503 4,503 Amount due from subsidiaries (Note 11.2) 146 - - 146 Credit loss (expense)/reversal (1,179) 287 18,240 17,348 35. CREDIT LOSS (EXPENSE)/REVERSAL (CONT’D.) Bank (b) Movements in ECL on other financial assets: 2024 Non- Credit Impaired RM’000 Credit- Impaired RM’000 Total RM’000 Balances due from clients and brokers (Note 10.1) 28 (15,572) (15,544) Other debtors (Note 11.1) (466) (16,659) (17,125) Credit loss expense (438) (32,231) (32,669) 2023 Non- Credit Impaired RM’000 Credit- Impaired RM’000 Total RM’000 Balances due from clients and brokers (Note 10.1) (22) (133) (155) Other debtors (Note 11.1) (1,842) (15,356) (17,198) Credit loss expense (1,864) (15,489) (17,353) 36. BAD DEBTS RECOVERED/(WRITTEN OFF) Group Bank 2024 RM’000 2023 RM’000 2024 RM’000 2023 RM’000 Loans, advances and financing 5,288 4,874 5,288 4,858 Balances due from clients and brokers 49 51 56 51 Other debtors (4) (6) - - 5,333 4,919 5,344 4,909
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