GROUP 2023 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m At 1 October 2022 89.9 30.5 661.0 781.4 New assets originated 258.6 – – 258.6 Transfers on new assets originated (208.2) 12.2 196.0 – Assets derecognised or repaid (excluding write offs) (34.4) (2.0) (61.2) (97.6) Transfers to Stage 1 27.2 (6.2) (21.0) – Transfers to Stage 2 (2.6) 15.7 (13.1) – Transfers to Stage 3 (2.1) (4.0) 6.1 – Impact of impairment losses and year end ECL of exposures transferred between stages (14.3) (10.0) 75.8 51.5 Changes to estimates and assumptions used for ECL calculations 37.5 6.1 (7.8) 35.8 Exchange difference (0.4) (0.3) (1.8) (2.5) Amounts written off (0.3) (1.3) (160.9) (162.5) At 30 September 2023 150.9 40.7 673.1 864.7 COMPANY 2023 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m At 1 October 2022 87.1 26.5 653.2 766.8 New assets originated 242.3 – – 242.3 Transfers on new assets originated (195.1) 9.5 185.6 – Assets derecognised or repaid (excluding write offs) (22.8) (3.4) (70.4) (96.6) Transfers to Stage 1 17.2 (4.4) (12.8) – Transfers to Stage 2 (2.6) 15.7 (13.1) – Transfers to Stage 3 (1.8) (3.4) 5.2 – Impact of impairment losses and year end ECL of exposures transferred between stages (14.3) (10.0) 75.8 51.5 Changes to estimates and assumptions used for ECL calculations 37.5 6.1 (7.8) 35.8 Amounts written off – – (153.1) (153.1) At 30 September 2023 147.5 36.6 662.6 846.7 The contractual amount outstanding were written off and are still subject to enforcement activity amounted to MUR140.0m (2023: MUR84.2m) (b) Corporate credit facilities (i) Corporate loans receivables breakdown before impairment: GROUP COMPANY Sep-24 MUR m Sep-23 MUR m Sep-24 MUR m Sep-23 MUR m Within one year 1,336.4 787.1 587.5 474.4 After one year and before five years 291.0 117.8 80.6 71.6 After five years – 4.4 – – 1,627.4 909.3 668.1 546.0 169 Introduction Group Overview Leadership Strategy & Performance Risk Management Corporate Governance Statutory Disclosures Financial
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