KENANGA ANNUAL REPORT 2020

309 ANNUAL REPORT 2020 // KENANGA INVESTMENT BANK BERHAD 52. OPERATIONS OF ISLAMIC BANKING (CONT’D.) (g) Financial investment other than those measured at FVTPL (cont’d.) Group and Bank 2020 RM’000 2019 RM’000 (ii) Financial investments at amortised cost: Debt instruments: Corporate Sukuk 66,878 30,087 Less: Allowance for ECL (56) - Total financial investments at amortised cost 66,822 30,087 Total financial investments other than those measured at FVTPL 295,523 187,461 (iii) Impairment losses on financial investments subject to impairment assessment AC An analysis of changes in the ECLs is, as follows: Group and Bank 2020 Movement in ECLs RM’000 Stage 1 RM’000 Total As at 1 January 2020 - - New assets originated or purchased 73 73 Impact of net re-measurement of ECL (17) (17) As at 31 December 2020 56 56