CFSL Integrated Report 2025

FINANCIAL

178

Risk Management

Corporate Governance

Statutory Disclosures

GROUP & COMPANY Sep-25 MUR m

Sep-24 MUR m

Guaranteed residual amount receivable under Finance lease agreements Year 1

8.2 3.8

3.7 8.5

Year 2

46.0 34.9 92.9

32.8 31.9 76.9

Year 3 to 5 Onwards

Finance leases

Other credit agreements

GROUP AND COMPANY 30 September 2024

Total

MUR m MUR m MUR m

Gross investment Within one year

1,218.4 1,050.5

5,049.3 3,274.0 1,586.9

6,267.7 4,324.5 2,468.9

After one year and before two years After two years and before three years After three years and before four years After four years and before five years

882.0 727.4 515.7 500.7

– – –

727.4 515.7 500.7

After five years

4,894.7

9,910.2

14,804.9 (2,336.2) 12,468.7

(767.9)

(1,568.3)

Unearned future finance income

4,126.8

8,341.9

(130.2)

(693.2)

(823.4)

Expected credit loss

3,996.6

7,648.7

11,645.3

Present value of lease payments before impairment analysed as follows: Within one year

951.8 852.4

4,070.4 2,815.8 1,455.7

5,022.2 3,668.2 3,305.6

After one year and before two years After two years and before five years

1,849.9

472.7

–

472.7

After five years

4,126.8

8,341.9

12,468.7

Representing: Current receivables

951.8

4,070.4 4,271.5 8,341.9

5,022.2 7,446.5 12,468.7

3,175.0 4,126.8

Non current receivables

Net Amount represented by: Current receivables

886.9

3,533.6 4,115.1 7,648.7

4,420.5 7,224.8 11,645.3

3,109.7 3,996.6

Non current receivables

Net investment in leases Credit quality

The table below shows the credit quality and the maximum exposure to credit risk based on the Group’s internal credit rating system and year end stage classification. The amounts presented are gross of impairment allowances. Details of the Group’s internal grading system and policies on whether ECL allowances are calculated on an individual or collective basis are set out in Note 4.1 (d). GROUP AND COMPANY 2025 STAGE 1 STAGE 2 STAGE 3 TOTAL MUR m MUR m MUR m MUR m Performing 4,442.8 – – 4,442.8 Watchlist – 193.7 – 193.7 Non-performing – – 111.1 111.1 4,442.8 193.7 111.1 4,747.6