Page 137 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 135

Notes to the fiNaNcial statemeNts

8. FINANCIAL INvestMeNts At AMortIseD Cost
Group and Bank
2022 2021
rM’000 rM’000
Money market instruments:
Malaysian Government Securities 300,224 300,459
Unquoted securities:
Corporate Bonds and Sukuk 328,499 311,663
628,723 612,122
Less: Allowance for ECL on financial investments (250,798) (118,108)
Total financial investments at amortised cost 377,925 494,014

Movements in the ECL on financial investments at amortised cost are as follows:

stage 2 stage 3
stage 1 Lifetime eCL Lifetime
12- months not credit eCL credit
eCL impaired impaired total eCL
rM’000 rM’000 rM’000 rM’000
At 1 January 2021 4 113,904 - 113,908
Allowance during the year 3 4,197 - 4,200
At 31 December 2021/1 January 2022 7 118,101 - 118,108
Transferred to Stage 3 - (118,101) 118,101 -
Allowance during the year 8 - 125,985 125,993
Total amount charged to profit or loss
during the period 15 - 244,086 244,101
Other movement with no profit or loss impact
Exchange differences - - 6,697 6,697
At 31 December 2022 15 - 250,783 250,798