CIM FINANCE. INTEGRATED REPORT 2022 | 199 39. RESTATEMENT AND RECLASSIFICATIONS (CONT’D) GROUP 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2020 15.5 31.8 155.7 203.0 New assets originated or purchased 3.3 2.0 9.7 15.0 Assets derecognised or repaid (excluding write offs) (5.8) (3.8) 17.1 7.5 Transfers to Stage 1 17.5 (6.8) (10.7) - Transfers to Stage 2 (0.7) 13.9 (13.2) - Transfers to Stage 3 (0.3) (2.6) 2.9 - Impact of impairment losses and year end ECL of exposures transferred between stages (11.5) (11.4) 17.7 (5.2) Changes to estimates and assumptions used for ECL calculations 8.9 3.9 26.0 38.8 Amounts written off (0.2) (0.1) (54.2) (54.5) At 30 September 2021 26.7 26.9 151.0 204.6 COMPANY 2021 Stage 1 Stage 2 Stage 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2020 Amalgamation adjustment As previously stated 1,861.0 757.0 393.3 3,011.3 Effect of prior year adjustment (3.0) (1.2) (0.6) (4.8) As restated 1,858.0 755.8 392.7 3,006.5 New assets originated or purchased-restated 466.9 60.0 16.6 543.5 Assets derecognised or repaid (excluding write offs) (758.4) (158.3) (72.3) (989.0) Transfers to Stage 1 322.2 (277.8) (44.4) - Transfers to Stage 2 (93.4) 136.2 (42.8) - Transfers to Stage 3 (28.3) (72.5) 100.8 - Amounts written off (0.2) (0.1) (58.7) (59.0) At 30 September 2021 1,766.8 443.3 291.9 2,502.0 Net investment in leases (cont’d) No changes in expected credit loss EXPLANATORY NOTES 30 SEPTEMBER 2022
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