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Section 06 Financial Statements
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6. FINANCIAL INVESTMENTS
Group and Bank
2020 2019
RM’000 RM’000

Investments at FVOCI:
Unquoted debt securities 779,295 769,696
Less: Allowance for expected credit losses (101,110) (101,192)
678,185 668,504

Investments at amortised costs:
Unquoted debt securities 601,274 607,180
Less: Allowance for expected credit losses (113,908) (71,242)
487,366 535,938

Total financial investments 1,165,551 1,204,442

Included in financial investments at FVOCI are investments in to meet the requirement of Sukuk Programme of the Group
amounting to RM139,719,294 (2019: RM160,036,300).

Movements in the expected credit losses on financial investments at FVOCI 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
At 1 January 2019 15 - 100,000 100,015
Allowance during the year 1,177 - - 1,177
At 31 December 2019/1 January 2020 1,192 - 100,000 101,192
Written back during the year (82) - - (82)
At 31 December 2020 1,110 - 100,000 101,110