CFSL Integrated Report 2021

146 C I M F I N A N C I A L S E R V I C E S L T D Explanatory Notes 30 SEPTEMBER 2021 E x p l a n a t o r y N o t e s Expected credit loss is analysed as follows: GROUP COMPANY Sep-21 MUR m Sep-20 MUR m Sep-21 MUR m Sep-20 MUR m Credit facilities (a) 475.9 229.0 464.8 - Corporate credit facilities (b) 47.3 17.6 73.4 26.1 Factoring receivables (c) 15.6 17.2 15.6 - Card receivables (d) 41.3 50.2 41.3 - 580.1 314.0 595.1 26.1 GROUP COMPANY Sep-21 MUR m Sep-20 MUR m Sep-21 MUR m Sep-20 MUR m (i) Credit facilities receivables breakdownbefore impairment: Within one year 2,234.0 1,604.1 2,190.4 - After one year and before five years 4,162.2 3,144.3 4,156.7 - After five years 3.1 7.1 3.1 - 6,399.3 4,755.5 6,350.2 - (ii) Credit quality – Credit facilities The table below shows the credit quality and the maximum exposure to credit risk based on the Company’s internal credit rating system and year end stage classification. The amounts presented are gross of impairment allowances. Details of the Company’s internal grading system and policies on whether ECL allowances are calculated on an individual or collective basis are set out in Note 4.1 (d). 16. LOANS AND ADVANCES (CONT’D) GROUP 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m Performing 4,823.4 - - 4,823.4 Watchlist - 648.7 - 648.7 Non-performing - - 927.2 927.2 4,823.4 648.7 927.2 6,399.3 COMPANY 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m Performing 4,810.0 - - 4,810.0 Watchlist - 642.8 - 642.8 Non-performing - - 897.4 897.4 4,810.0 642.8 897.4 6,350.2 GROUP 2020 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m Performing 3,320.2 - - 3,320.2 Watchlist - 849.7 - 849.7 Non-performing - - 585.6 585.6 3,320.2 849.7 585.6 4,755.5 (a) Credit facilities

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