Page 173 - EXIM-Bank_Annual-Report-2022

A VISION COMMITMENT EMPOWERING ENSURING ENHANCING FINANCIAL
TO SERVE TO LEAD GROWTH SUSTAINABILITY GOVERNANCE STATEMENTS 171

Notes to the fiNaNcial statemeNts

33. KeY MANAGeMeNt PersoNNeL CoMPeNsAtIoN
Key management personnel comprise person having authority and responsibility for planning, directing and controlling the
activities of the entity either directly or indirectly. It comprises the President/Chief Executive Officer and senior management
of the Group and of the Bank.
The key management personnel compensation is as follows:

Group and Bank
2022 2021
rM’000 rM’000
Salaries and other short-term benefits 3,559 4,189
Defined contribution plan (“EPF”) 549 635
Benefits-in-kind 50 55
Termination/end of contract compensation 53 353
4,211 5,232

34. (WRITEBaCk)/aLLOWaNCES FOR ECL ON LOaNS, aDVaNCES aND FINaNCING
Group and Bank
2022 2021
rM’000 rM’000
Allowances for ECL on loans, advances and financing
- 12-month ECL - Stage 1, net 10,456 35,061
- Lifetime not credit impaired ECL - Stage 2, net (281,539) 64,080
- Lifetime ECL credit impaired - Stage 3, charged for the year 383,721 153,796
- Lifetime ECL credit impaired - Stage 3, written back during the year (428,550) (356,178)
- Bad debts written off 310,757 150,348
(5,155) 47,107

35. WRITEBaCk FOR ECL ON COMMITMENTS aND CONTINGENCIES
Group and Bank
2022 2021
rM’000 rM’000
Writeback for ECL on commitments and contingencies
- 12-month ECL - Stage 1, net (3,155) (6,505)
- Lifetime not credit impaired ECL - Stage 2, net (17,480) (4,577)
- Lifetime ECL credit impaired - Stage 3, net 209 (8,672)
(20,426) (19,754)