(b) Corporate credit facilities continued (iii) Gross carrying amount - Corporate credit facilities continued COMPANY 2023 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m At 1 October 2022 1,233.3 2.4 89.2 1,324.9 Amalgamation adjustment (886.2) – – (886.2) New assets originated 237.7 – – 237.7 Transfers on new assets originated (72.0) 2.0 70.0 – Assets derecognised or repaid (excluding write offs) (71.9) (1.1) (53.9) (126.9) Transfers to Stage 1 0.2 (0.2) – – Transfers to Stage 2 (2.9) 2.9 – – Transfers to Stage 3 (238.6) (1.6) 240.2 – Amounts written off – – (3.5) (3.5) At 30 September 2023 199.6 4.4 342.0 546.0 (iv) Expected credit loss - Corporate credit facilities GROUP 2024 Stage 1 MUR m Stage 2 MUR m Stage 3 MUR m Total MUR m At 1 October 2023 12.2 0.2 107.8 120.2 New assets originated 8.5 0.5 1.6 10.6 Assets derecognised or repaid (excluding write offs) (2.5) – (0.8) (3.3) Transfers to Stage 1 1.0 – (1.0) – Transfers to Stage 2 (0.1) 11.0 (10.9) – Transfers to Stage 3 (0.1) (0.1) 0.2 – Impact of impairment losses and year end ECL of exposures transferred between stages (1.0) (1.9) 27.0 24.1 Amounts written off – – (3.5) (3.5) Changes to estimates and assumptions used for ECL calculations (4.1) (0.1) – (4.2) Exchange difference – – 2.7 2.7 At 30 September 2024 13.9 9.6 123.1 146.6 Explanatory Notes 30 September 2024 16. LOANS AND ADVANCES continued 172
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