Page 227 - Bank-Muamalat-AR2020

225
Our Performance Sustainability Statement Governance Our Numbers Other Information

7. FINANCING OF CuSTOMErS (CONT’D.)
(viii) Movements in the gross carrying amount of financing of customers

Stage 1 Stage 2 Stage 3 Total
Group rM’000 rM’000 rM’000 rM’000

At 31 December 2020
At 1 January 2020 15,436,630 319,596 209,165 15,965,391
Total transfer within stages:
Transfer to Stage 1 458,477 (436,466) (22,011) -
Transfer to Stage 2 (484,015) 534,407 (50,392) -
Transfer to Stage 3 (32,234) (110,213) 142,447 -
New financial assets originated 3,918,707 2,720 - 3,921,427
Financial asstes derecognised (1,517,438) (31,064) (20,308) (1,568,810)
Effects of modifications to
contractual cash flows of financial assets (36,786) (839) 353 (37,272)
Amount written - off - - (64,543) (64,543)

At 31 December 2020 17,743,341 278,141 194,711 18,216,193

Stage 1 Stage 2 Stage 3 Total
Group rM’000 rM’000 rM’000 rM’000

At 31 December 2019
At 1 April 2019 14,949,129 294,791 221,216 15,465,136
Total transfer within stages:
Transfer to Stage 1 515,434 (495,996) (19,438) -
Transfer to Stage 2 (614,554) 730,363 (115,809) -
Transfer to Stage 3 (49,676) (174,732) 224,408 -
New financial assets originated 2,322,294 10,361 - 2,332,655
Financial asstes derecognised (1,685,997) (45,191) (40,376) (1,771,564)
Amount written - off - - (60,836) (60,836)

At 31 December 2019 15,436,630 319,596 209,165 15,965,391