16. LOANS AND ADVANCES GROUP COMPANY Sep-24 MUR m Sep-23 MUR m Sep-24 MUR m Sep-23 MUR m Credit facilities (a) 9,716.8 8,232.3 9,596.1 8,143.7 Corporate credit facilities (b) 1,627.4 909.3 668.1 546.0 Factoring receivables (c) 127.6 81.0 127.6 81.0 Card receivables (d) 306.4 321.3 306.4 321.3 11,778.2 9,543.9 10,698.2 9,092.0 Expected credit loss (1,072.3) (1,019.1) (1,242.0) (1,163.3) 10,705.9 8,524.8 9,456.2 7,928.7 Expected credit loss is analysed as follows: GROUP COMPANY Sep-24 MUR m Sep-23 MUR m Sep-24 MUR m Sep-23 MUR m Credit facilities (a) 896.9 864.7 865.6 846.7 Corporate credit facilities (b) 146.6 120.2 347.6 282.4 Factoring receivables (c) 9.5 8.7 9.5 8.7 Card receivables (d) 19.3 25.5 19.3 25.5 1,072.3 1,019.1 1,242.0 1,163.3 GROUP COMPANY Sep-24 MUR m Sep-23 MUR m Sep-24 MUR m Sep-23 MUR m (a) Credit facilities (i) Credit facilities receivables breakdown before impairment: Within one year 3,451.3 3,085.7 3,330.6 2,997.1 After one year and before five years 6,265.5 5,146.6 6,265.5 5,146.6 9,716.8 8,232.3 9,596.1 8,143.7 (ii) Credit quality - Credit facilities The table below shows the credit quality and the maximum exposure to credit risk based on the Company’s internal credit rating system and year end stage classification. The amounts presented are gross of impairment allowances. Details of the Company’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). GROUP 2024 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m Performing 8,077.6 – – 8,077.6 Watchlist – 584.0 – 584.0 Non-performing – – 1,055.2 1,055.2 8,077.6 584.0 1,055.2 9,716.8 165 Introduction Group Overview Leadership Strategy & Performance Risk Management Corporate Governance Statutory Disclosures Financial
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