(iii) Gross carrying amount - Corporate credit facilities An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to Corporate 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 737.1 9.9 162.3 909.3 New assets originated 1,370.7 2.8 5.7 1,379.2 Assets derecognised or repaid (excluding write offs) (666.3) (5.8) (6.6) (678.7) Transfers to Stage 1 2.5 (0.3) (2.2) – Transfers to Stage 2 (165.1) 165.8 (0.7) – Transfers to Stage 3 (7.1) (3.3) 10.4 – Amounts written off – – (3.6) (3.6) Exchange difference 17.1 0.2 3.9 21.2 At 30 September 2024 1,288.9 169.3 169.2 1,627.4 GROUP 2023 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m At 1 October 2022 112.1 1.6 88.8 202.5 Acquisition of subsidiary 545.0 16.3 116.0 677.3 New assets originated 434.5 – – 434.5 Transfers on new assets originated (7.1) 2.0 5.1 – Assets derecognised or repaid (excluding write offs) (341.8) (11.1) (48.6) (401.5) Transfers to Stage 1 0.2 (0.2) – – Transfers to Stage 2 (2.9) 2.9 – – Transfers to Stage 3 (2.9) (1.6) 4.5 – Amounts written off – – (3.5) (3.5) At 30 September 2023 737.1 9.9 162.3 909.3 COMPANY 2024 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m At 1 October 2023 199.6 4.4 342.0 546.0 New assets originated 181.0 2.8 16.0 199.8 Assets derecognised or repaid (excluding write offs) (61.7) (5.8) (6.6) (74.1) Transfers to Stage 1 2.5 (0.3) (2.2) – Transfers to Stage 2 (5.9) 27.8 (21.9) – Transfers to Stage 3 (7.1) (3.3) 10.4 – Amounts written off – – (3.6) (3.6) At 30 September 2024 308.4 25.6 334.1 668.1 171 Introduction Group Overview Leadership Strategy & Performance Risk Management Corporate Governance Statutory Disclosures Financial
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