142 C I M F I N A N C I A L S E R V I C E S L T D 15. NET INVESTMENT IN LEASES AND OTHER CREDIT AGREEMENTS (CONT’D) Expected credit loss (cont’d) COMPANY 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2020 - - - - Amalgamation adjustment 15.5 31.8 155.7 203.0 New assets originated or purchased 3.3 2.0 9.7 15.0 Assets derecognised or repaid (excluding write offs) (5.8) (3.6) (9.7) (19.1) Transfers to Stage 1 17.5 (6.8) (10.7) - Transfers to Stage 2 (0.7) 13.9 (13.2) - Transfers to Stage 3 (0.3) (2.6) 2.9 - Impact of year end ECL of exposures transferred between stages (11.5) (11.4) 17.7 (5.2) Changes to estimates and assumptions used for ECL calculations 8.9 3.9 26.0 38.8 Amounts written off (0.2) (0.1) (27.6) (27.9) At 30 September 2021 26.7 27.1 150.8 204.6 GROUP 2020 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2019 22.0 3.3 94.0 119.3 New assets originated or purchased 3.4 4.2 10.1 17.7 Assets derecognised or repaid (excluding write offs) (4.2) (0.1) (3.3) (7.6) Transfers to Stage 1 1.0 (0.7) (0.3) - Transfers to Stage 2 (6.0) 11.1 (5.1) - Transfers to Stage 3 (1.4) (1.8) 3.2 - Impact of impairment losses and year end ECL of exposures transferred between stages 0.7 15.8 73.0 89.5 Amounts written off - - (15.9) (15.9) At 30 September 2020 15.5 31.8 155.7 203.0 Explanatory Notes 30 SEPTEMBER 2021 E x p l a n a t o r y N o t e s
RkJQdWJsaXNoZXIy MzQ3MjQ5