(ii) Credit quality - Credit facilities continued COMPANY 2024 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m Performing 8,015.3 – – 8,015.3 Watchlist – 567.7 – 567.7 Non-performing – – 1,013.1 1,013.1 8,015.3 567.7 1,013.1 9,596.1 GROUP 2023 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m Performing 6,504.5 – – 6,504.5 Watchlist – 607.6 – 607.6 Non-performing – – 1,120.2 1,120.2 6,504.5 607.6 1,120.2 8,232.3 COMPANY 2023 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m Performing 6,456.3 – – 6,456.3 Watchlist – 601.1 – 601.1 Non-performing – – 1,086.3 1,086.3 6,456.3 601.1 1,086.3 8,143.7 (iii) Gross carrying amount - Credit facilities An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to credit facilities is as follows: GROUP 2024 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m At 1 October 2023 6,504.5 607.6 1,120.2 8,232.3 New assets originated 4,619.3 267.9 242.2 5,129.4 Assets derecognised or repaid (excluding write offs) (2,893.5) (252.3) (329.7) (3,475.5) Transfers to Stage 1 341.9 (217.8) (124.1) – Transfers to Stage 2 (280.9) 347.0 (66.1) – Transfers to Stage 3 (227.0) (167.7) 394.7 – Amounts written off (1.7) (1.7) (185.0) (188.4) Exchange difference 15.0 1.0 3.0 19.0 At 30 September 2024 8,077.6 584.0 1,055.2 9,716.8 Explanatory Notes 30 September 2024 16. LOANS AND ADVANCES continued 166
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