(iii) Gross carrying amount - Factoring debtors An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to credit facilities is as follows: 2023 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m At 1 October 2022 90.1 – 7.9 98.0 New assets originated or purchased 40.8 – – 40.8 Assets derecognised or repaid (excluding write offs) (57.1) – (0.7) (57.8) At 30 September 2023 73.8 – 7.2 81.0 2022 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m At 1 October 2021 123.7 2.0 13.3 139.0 New assets originated or purchased 30.2 – – 30.2 Transfers on new assets originated or purchased (0.8) – 0.8 – Assets derecognised or repaid (excluding write offs) (62.8) (1.8) (5.3) (69.9) Transfers to Stage 3 (0.2) (0.2) 0.4 – Amounts written off – – (1.3) (1.3) At 30 September 2022 90.1 – 7.9 98.0 (iv) Expected credit loss - Factoring receivables 2023 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m At 1 October 2022 2.1 – 8.0 10.1 New assets originated (0.1) – – (0.1) Assets derecognised or repaid (excluding write offs) (0.6) – (0.7) (1.3) At 30 September 2023 1.4 – 7.3 8.7 2022 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m At 1 October 2021 2.3 – 13.3 15.6 New assets originated 1.1 – – 1.1 Transfers on new assets originated or purchased (0.9) – 0.9 – Assets derecognised or repaid (excluding write offs) (1.0) – (5.1) (6.1) Transfers to Stage 3 (0.1) – 0.1 – Changes to estimates and assumptions 0.7 – 0.1 0.8 Amounts written off – – (1.3) (1.3) At 30 September 2022 2.1 – 8.0 10.1 161 OUR YEAR AT A GLANCE OUR PEOPLE GOVERNANCE FINANCIAL STATEMENTS
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