Page 139 - EXIM_AR2021

ANNUAL REPORT 2021 137

Notes to the fiNaNcial statemeNts

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

(ix) Movements in the allowance for ECL for loans, advances and financing are as follows: (cont’d.)
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
2020

At 1 January 83,810 190,300 1,968,281 2,242,391
Transferred from Stage 1 (244) - 244 -
Transferred to Stage 2 (89) 89 - -
Transferred to Stage 3 - (65,561) 65,561 -
(Written back)/allowance recognised in profit and loss 5,477 (6,252) (187,816) (188,591)
Financial assets derecognised (11,984) (140) - (12,124)
Changes due to change in credit risk (10,769) 102,835 - 92,066
Modification to contractual cash flows of financial assets (34,632) 196,924 - 162,292
Total amount charged to profit and loss during the period (52,241) 227,895 (122,011) 53,643

Other movement with no profit and loss impact
Write offs - - (220,073) (220,073)
Exchange differences - - (15,480) (15,480)
At 31 December 31,569 418,195 1,610,717 2,060,481

Group and Bank
2021 2020
RM’000 RM’000

Breakdown of ECL Stage 1 and 2:
From non-impaired loans, advances and financing 548,905 449,764

548,905 449,764

As % of net loans, advances and financing (exclude gross impaired loan and staff loan) 17.13% 13.40%