CFSL Integrated Report 2022

CIM FINANCE. INTEGRATED REPORT 2022 | 159 EXPLANATORY NOTES 30 SEPTEMBER 2022 16. LOANS AND ADVANCES (CONT’D) (a) Credit facilities (Cont’d) (iv) Expected credit loss - Credit facilities (cont’d) COMPANY 2022 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2021 48.1 35.4 381.3 464.8 New assets originated 30.6 7.3 183.6 221.5 Assets derecognised or repaid (excluding write offs) - (1.1) (12.0) (13.1) Transfers to Stage 1 6.3 (2.3) (4.0) - Transfers to Stage 2 (1.8) 3.3 (1.5) - Transfers to Stage 3 (1.9) (3.6) 5.5 - Impact of impairment losses and year end ECL of exposures transferred between stages (3.1) 1.4 120.0 118.3 Changes to estimates and assumptions used for ECL calculations 8.9 (13.9) 27.8 22.8 Amounts written off - - (47.5) (47.5) At 30 September 2022 87.1 26.5 653.2 766.8 GROUP 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2020 19.5 27.7 181.8 229.0 New assets originated 21.0 2.9 97.2 121.1 Assets derecognised or repaid (excluding write offs) (4.8) (13.3) (7.5) (25.6) Transfers to Stage 1 4.8 (3.0) (1.8) - Transfers to Stage 2 (1.2) 1.7 (0.5) - Transfers to Stage 3 (2.7) (3.4) 6.1 - Impact of impairment losses and year end ECL of exposures transferred between stages (3.1) - 89.1 86.0 Changes to estimates and assumptions used for ECL calculations 19.2 26.7 95.7 141.6 Transfer from Credit facilities (2.3) - (15.1) (17.4) Amounts written off - - (58.8) (58.8) At 30 September 2021 50.4 39.3 386.2 475.9 COMPANY 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2020 - - - - Amalgamation adjustment 15.9 25.2 158.9 200.0 New assets originated 18.9 1.1 94.1 114.1 Assets derecognised or repaid (excluding write offs) (3.1) (13.3) (7.5) (23.9) Transfers to Stage 1 4.8 (3.0) (1.8) - Transfers to Stage 2 (1.2) 1.7 (0.5) - Transfers to Stage 3 (1.0) (3.0) 4.0 - Changes to estimates and assumptions used for ECL calculations (3.1) - 89.1 86.0 Transfer from Credit facilities 19.2 26.7 95.7 141.6 Impact of impairment losses and year end ECL of exposures transferred between stages (2.3) - (15.1) (17.4) Amounts written off - - (35.6) (35.6) At 30 September 2021 48.1 35.4 381.3 464.8

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