| CIM FINANCE. INTEGRATED REPORT 2022 170 EXPLANATORY NOTES 30 SEPTEMBER 2022 18. OTHER ASSETS The carrying amount of other assets approximate their fair values due to their short term nature. Included in other receivables are card debtors, lease receivables and agency related income. (a) Receivables from subsidiaries Receivables fromsubsidiaries and relatedcompaniesareunsecuredandcarryan interest rate rangingof 4.8%(2021 : from2.7% to 6.3%). An analysis of the changes in the gross carrying amounts and the corresponding ECL allowance is as follows : As at 30 September 2022, the Company is applying the IFRS9 simplified approach to measuring expected credit losses which uses a lifetime expected loss allowance for receivables from subsidiaries and thus the Company recognises a loss allownace based on a lifetime ECL at the end of reporting period. The amount of impairment charged recognised for 2022 is MUR51.9 m. (2021 : MUR nil). GROUP COMPANY Sep-22 MUR m Sep-21 MUR m Sep-22 MUR m Sep-21 MUR m Trade receivables 0.9 0.4 - - Less impairment (0.6) - - - 0.3 0.4 - - Prepayments 56.8 48.5 57.7 47.8 Other receivables 374.4 325.2 345.0 305.1 431.5 374.1 402.7 352.9 Receivables from subsidiaries (a) - - 20.4 8.5 Loan at call to subsidiaries (a) - - 38.5 32.9 Expected credit loss (a) - - (53.1) (1.2) - - 5.8 40.2 431.5 374.1 408.5 393.1 Receivables from subsidiaries Gross carrying amount ECL Stage 3 MUR m MUR m At 1 October 2020 48.0 0.5 Amalgamation adjustment (39.5) - At 30 September 2021 8.5 0.5 Additions 11.9 14.1 At 30 September 2022 20.4 14.6 Loan at call to subsidiaries Gross carrying amount ECL Stage 3 MUR m MUR m At 1 October 2020 143.4 0.7 Amalgamation adjustment (119.9) - Additions 9.4 - At 30 September 2021 32.9 0.7 Additions 5.6 37.8 At 30 September 2022 38.5 38.5
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