KENANGA ANNUAL REPORT 2020

200 5 1 2 3 4 6 7 FINANCIAL STATEMENTS NOTES TO THE FINANCIAL STATEMENTS 31 December 2020 11. OTHER ASSETS (CONT’D.) 11.1 ECL allowance for other assets are as follows (cont’d.): 2019 Bank ECL allowances Non- Credit Impaired RM’000 Credit Impaired RM’000 Total RM’000 As at 1 January 259 3,226 3,485 New assets originated or purchased 1,207 1 1,208 Assets derecognised or repaid (excluding write-offs) - (954) (954) Written off (9) (179) (188) Transfer of stages (1,277) 1,277 - Impact of net remeasurement - 1,100 1,100 As at 31 December 180 4,471 6,150 11.2 ECL allowance for amount due from subsidiaries are as follows: 2020 Bank ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January 304 - - 304 New assets originated or purchased 4 - - 4 Impact of net remeasurement (82) - - (82) As at 31 December 226 - - 226 2019 Bank ECL allowances Stage 1 RM’000 Stage 2 RM’000 Stage 3 RM’000 Total RM’000 As at 1 January - - - - New assets originated or purchased 304 - - 304 As at 31 December 304 - - 304