Page 138 - EXIM_AR2021

136 FINANCIAL EXIM BANK MALAYSIA
STATEMENTS

Notes to the fiNaNcial statemeNts

7. lOans, aDvances anD financing (cOnt’D.)

(viii) Gross impaired loans, advances and financing analysed by industry are as follows:
Group and Bank
2021 2020
RM’000 RM’000

Primary agriculture 15,561 12,835
Manufacturing 176,461 142,534
Transport, storage and communication 650,517 1,121,184
Construction 496,199 434,661
Wholesale and retail trade, and restaurants and hotels 284,568 212,516
Others 473,269 458,747

2,096,575 2,382,477

(ix) Movements in the allowance for ECL for loans, advances and financing are as follows:
Stage 1 Stage 2 Stage 3
Lifetime ECL Lifetime
12-months not credit ECL credit
ECL impaired impaired Total ECL
RM’000 RM’000 RM’000 RM’000

Group and Bank
2021
At 1 January 31,569 418,195 1,610,717 2,060,481
Transferred from Stage 1 (3,857) 3,857 - -
Transferred from Stage 2 - (22,018) 22,018 -
Transferred from Stage 3 - 69,589 (69,589) -
Allowance/(Written back) recognised in profit and loss 1,073 (13,568) (4,463) (16,958)
Financial assets derecognised (4,744) (32,426) - (37,170)
Changes due to change in credit risk 43,058 16,818 - 59,876
Modification to contractual cash flows of financial assets (469) 41,828 - 41,359
Total amount charged to profit and loss during the period 35,061 64,080 (52,034) 47,107

Other movement with no profit and loss impact
Write offs - - (150,348) (150,348)
Exchange differences - - 41,830 41,830

At 31 December 66,630 482,275 1,450,165 1,999,070