CFSL Integrated Report 2022

CIM FINANCE. INTEGRATED REPORT 2022 | 149 EXPLANATORY NOTES 30 SEPTEMBER 2022 15. NET INVESTMENT IN LEASES AND OTHER CREDIT AGREEMENTS (CONT’D) GROUP AND COMPANY Finance leases MUR m Other credit agreements MUR m Total MUR m 30 September 2021 - restated Gross investment Within one year 998.9 4,092.8 5,091.7 After one year and before five years 1,715.5 2,996.6 4,712.1 After five years 102.4 - 102.4 2,816.8 7,089.4 9,906.2 Unearned future finance income (314.8) (924.1) (1,238.9) 2,502.0 6,165.3 8,667.3 Expected credit loss (204.6) (675.7) (880.3) 2,297.4 5,489.6 7,787.0 Present value of minimum lease payments before impairment analysed as follows: Within one year 858.9 3,431.5 4,290.4 After one year and before five years 1,546.0 2,733.8 4,279.8 After five years 97.1 - 97.1 2,502.0 6,165.3 8,667.3 Representing: Current receivables 858.9 3,431.5 4,290.4 Non current receivables 1,643.1 2,733.8 4,376.9 2,502.0 6,165.3 8,667.3 Net Amount represented by: Current receivables 708.7 2,833.9 3,542.6 Non current receivables 1,588.7 2,655.7 4,244.4 2,297.4 5,489.6 7,787.0 Net investment in leases Credit quality The table below shows the credit quality and the maximum exposure to credit risk based on the Group’s internal credit rating systemand year end stage classification. The amounts presented are gross of impairment allowances. Details of theGroup’s internal grading systemand policies onwhether ECL allowances are calculated on an individual or collective basis are set out in Note 4.1 (d). GROUP 2022 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m Performing 2,693.5 - - 2,693.5 Watchlist - 299.1 - 299.7 Non-performing - - 252.1 252.1 2,693.5 299.1 252.1 3,244.7 COMPANY 2022 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m Performing 1,819.4 - - 1,819.4 Watchlist - 232.7 - 232.7 Non-performing - - 189.5 189.5 1,819.4 232.7 189.5 2,241.6

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