CFSL Integrated Report 2021

147 I N T E G R A T E D R E P O R T 2 0 2 1 Explanatory Notes 30 SEPTEMBER 2021 E x p l a n a t o r y N o t e s 16. LOANS AND ADVANCES (CONT’D) GROUP 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2020 3,320.2 849.7 585.6 4,755.5 New assets originated 3,072.8 351.4 288.9 3,713.1 Assets derecognised or repaid (excluding write offs) (1,402.5) (282.1) (255.4) (1,940.0) Transfers to Stage 1 317.6 (279.7) (37.9) - Transfers to Stage 2 (238.1) 251.3 (13.2) - Transfers to Stage 3 (203.7) (241.6) 445.3 - Amounts written off - - (58.8) (58.8) Transfer to Corporate credit facilities (42.9) (0.3) (27.3) (70.5) At 30 September 2021 4,823.4 648.7 927.2 6,399.3 GROUP 2020 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2019 2,588.4 254.8 236.9 3,080.1 New assets originated 2,414.1 598.6 214.5 3,227.2 Assets derecognised or repaid (excluding write offs) (1,215.4) (152.7) (104.4) (1,472.5) Transfers to Stage 1 55.2 (49.6) (5.6) - Transfers to Stage 2 (327.9) 338.0 (10.1) - Transfers to Stage 3 (162.6) (119.7) 282.3 - Amounts written off (31.6) (19.7) (28.0) (79.3) At 30 September 2020 3,320.2 849.7 585.6 4,755.5 COMPANY 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2020 - - - - Amalgamation adjustment 3,317.1 846.2 536.4 4,699.7 New assets originated 3,039.0 347.9 284.7 3,671.6 Assets derecognised or repaid (excluding write offs) (1,381.0) (281.8) (252.2) (1,915.0) Transfers to Stage 1 317.4 (279.5) (37.9) - Transfers to Stage 2 (238.1) 251.3 (13.2) - Transfers to Stage 3 (201.5) (241.0) 442.5 - Amounts written off - - (35.6) (35.6) Transfer to Corporate credit facilities (42.9) (0.3) (27.3) (70.5) At 30 September 2021 4,810.0 642.8 897.4 6,350.2 (a) Credit facilities (cont’d) (iii) Gross carrying amount – Credit facilities An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to credit facilities is as follows:

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