(iv) Expected credit loss - Corporate credit facilities 2023 Stage 1 Stage 2 Stage 3 Total GROUP MUR m MUR m MUR m MUR m At 1 October 2022 8.6 0.6 47.0 56.2 Acquisition of subsidiary – 0.5 73.9 74.4 New assets originated (2.7) – – (2.7) Transfers on new assets originated 11.3 (0.4) (10.9) – Assets derecognised or repaid (excluding write offs) (4.1) (0.5) (9.8) (14.4) Impact of impairment losses and year end ECL of exposures transferred between stages – – 0.5 0.5 Amounts written off – – (2.7) (2.7) Changes to estimates and assumptions used for ECL calculations (0.9) – 9.8 8.9 At 30 September 2023 12.2 0.2 107.8 120.2 2022 Stage 1 Stage 2 Stage 3 Total GROUP MUR m MUR m MUR m MUR m At 1 October 2021 3.0 0.1 44.2 47.3 New assets originated 5.2 – – 5.2 Transfers on new assets originated (0.1) 0.1 – – Assets derecognised or repaid (excluding write offs) (1.0) – (2.8) (3.8) Transfers to Stage 2 – 0.6 (0.6) – Impact of impairment losses and year end ECL of exposures transferred between stages – (0.6) – (0.6) ECL calculations 1.5 0.4 6.2 8.1 At 30 September 2022 8.6 0.6 47.0 56.2 2023 Stage 1 Stage 2 Stage 3 Total COMPANY MUR m MUR m MUR m MUR m At 1 October 2022 34.9 0.6 46.8 82.3 New assets originated 217.5 – – 217.5 Transfers on new assets originated (208.9) (0.6) 209.5 – Assets derecognised or repaid (excluding write offs) (4.1) – (9.8) (13.9) Transfers to Stage 3 (26.2) – 26.2 – Impact of impairment losses and year end ECL of exposures transferred between stages – – 1.3 1.3 Amounts written off – – (3.5) (3.5) Changes to estimates and assumptions used for ECL calculations (1.3) – – (1.3) At 30 September 2023 11.9 – 270.5 282.4 159 OUR YEAR AT A GLANCE OUR PEOPLE GOVERNANCE FINANCIAL STATEMENTS
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