Page 147 - Exim iar24_Ebook

EXIM BANK MALAYSIA ANNUAL REPORT 2024

7 FINANCIAL STATEMENTS 145
NOTES TO THE FINANCIAL STATEMENTS

9. LOANS, ADVANCES AND FINANCING (cont’d)

(viii) Gross impaired loans, advances and financing analysed by industry are as follows:
Group and Bank
2024 2023
RM’000 RM’000
Restated
Primary agriculture 12,434 12,827
Manufacturing 72,997 77,263
Transport, storage and communication 484,336 493,685
Construction 467,028 490,987
Wholesale and retail trade, and restaurants and hotels 170,746 175,549
Others 810,314 835,702
2,017,855 2,086,013

(ix) Movements in the allowance for ECL for loans, advances and financing are as follows:
Stage 2 Stage 3
Stage 1 Lifetime ECL Lifetime
12-month not credit ECL credit
ECL impaired impaired Total ECL
RM’000 RM’000 RM’000 RM’000

Group and Bank
2024
At 1 January 127,306 63,212 1,498,569 1,689,087
Transferred to Stage 2 (12,342) 12,342 - -
Net remeasurement 24,577 (2,125) 34,311 56,763
Financial assets derecognised (30,922) (2) - (30,924)

Total amount (writeback)/charged to profit
or loss during the year (Note 33) (18,687) 10,215 34,311 25,839

Other movement with no profit or loss impact:
- Reversal of ECL relating to bad debt written off - - (3,205) (3,205)
- Exchange differences - - (44,544) (44,544)
At 31 December 108,619 73,427 1,485,131 1,667,177