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128 EXIM BANK MALAYSIA
Annual Report 2020

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
2020 2019
RM’000 RM’000

Primary agriculture 12,410 83,227
Manufacturing 481,896 488,919
Transport, storage and communication 730,175 639,331
Construction 737,309 775,478
Wholesale and retail trade, and restaurants and hotels 226,573 328,094
Others 194,114 328,568
2,382,477 2,643,617

(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
2020
At 1 January 83,810 190,300 1,968,281 2,242,391
Transferred from Stage 1 (244) - 244 -
Transferred from 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