COMPANY Finance leases Other credit agreements Total MUR m MUR m MUR m 30 September 2022 Gross investment Within one year 843.9 4,231.8 5,075.7 After one year and before five years 1,530.5 3,445.4 4,975.9 After five years 154.9 – 154.9 2,529.3 7,677.2 10,206.5 Unearned future finance income (287.7) (1,068.1) (1,355.8) 2,241.6 6,609.1 8,850.7 Expected credit loss (120.7) (778.5) (899.2) 2,120.9 5,830.6 7,951.5 Present value of lease payments before impairment analysed as follows: Within one year 725.9 3,549.2 4,275.1 After one year and before five years 1,367.8 3,059.9 4,427.7 After five years 147.9 – 147.9 2,241.6 6,609.1 8,850.7 Representing: Current receivables 725.9 3,549.2 4,275.1 Non current receivables 1,515.7 3,059.9 4,575.6 2,241.6 6,609.1 8,850.7 Net Amount represented by: Current receivables 644.5 2,867.9 3,512.4 Non current receivables 1,476.4 2,962.7 4,439.1 2,120.9 5,830.6 7,951.5 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 system and year end stage classification. The amounts presented are gross of impairment allowances. Details of the Group’s internal grading system and policies on whether ECL allowances are calculated on an individual or collective basis are set out in Note 4.1 (d). 2023 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m Performing 3,205.6 – – 3,205.6 Watchlist – 163.6 – 163.6 Non-performing – – 254.2 254.2 3,205.6 163.6 254.2 3,623.4 15 NET INVESTMENT IN LEASES AND OTHER CREDIT AGREEMENTS Continued EXPLANATORY NOTES 30 SEPTEMBER 2023 146 CIM FINANCE ANNUAL REPORT
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