2022 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m At 1 October 2021 205.6 44.7 53.6 303.9 New assets originated or purchased 94.7 – – 94.7 Transfers on new assets originated or purchased (9.4) 4.4 5.0 – Assets derecognised or repaid (excluding write offs) (70.0) (2.1) (2.6) (74.7) Transfers to Stage 1 56.5 (36.9) (19.6) – Transfers to Stage 2 (5.6) 10.4 (4.8) – Transfers to Stage 3 (3.5) (3.0) 6.5 – Amounts written off (0.3) (0.7) (15.9) (16.9) At 30 September 2022 268.0 16.8 22.2 307.0 (iii) Expected credit loss - Card receivables 2023 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m At 1 October 2022 5.7 0.7 16.8 23.2 New assets originated or purchased (1.5) – – (1.5) Transfers on new assets originated or purchased 2.7 1.5 (4.2) – Assets derecognised or repaid (excluding write offs) (0.1) – 1.9 1.8 Transfers to Stage 1 0.4 – (0.4) – Impact of impairment losses and year end ECL of exposures transferred between stages (0.4) 0.6 7.4 7.6 Changes to estimates and assumptions – 0.3 – 0.3 Amounts written off – – (5.9) (5.9) At 30 September 2023 6.8 3.1 15.6 25.5 2022 Stage 1 Stage 2 Stage 3 Total GROUP AND COMPANY MUR m MUR m MUR m MUR m At 1 October 2021 5.1 2.7 33.5 41.3 New assets originated or purchased 0.5 – – 0.5 Assets derecognised or repaid (excluding write offs) (0.2) – (1.8) (2.0) Transfers to Stage 1 5.7 (0.1) (5.6) – Transfers to Stage 2 – 1.1 (1.1) – Impact of impairment losses and year end ECL of exposures transferred between stages (5.4) (1.1) 2.2 (4.3) Changes to estimates and assumptions – (1.9) (3.0) (4.9) Amounts written off – – (7.4) (7.4) At 30 September 2022 5.7 0.7 16.8 23.2 The contractual amount outstanding were written off and are still subject to enforcement activity amounted to MUR 6.6m (2022: MUR 3.1m) 163 OUR YEAR AT A GLANCE OUR PEOPLE GOVERNANCE FINANCIAL STATEMENTS
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