CFSL Integrated Report 2025

179

Introduction

Group Overview

Leadership

Strategy & Performance

Explanatory Notes 30 September 2025 15. NET INVESTMENT IN LEASES AND OTHER CREDIT AGREEMENTS (CONTINUED) GROUP AND COMPANY 2024 STAGE 1 STAGE 2 STAGE 3 TOTAL MUR m MUR m MUR m MUR m Performing 3,849.5 – – 3,849.5 Watchlist – 124.6 – 124.6 Non-performing – – 152.7 152.7 3,849.5 124.6 152.7 4,126.8 Gross carrying amount An analysis of changes in the gross carrying amount and the corresponding ECL allowances in relation to finance leases is as follows: GROUP AND COMPANY 2025 STAGE 1 STAGE 2 STAGE 3 TOTAL MUR m MUR m MUR m MUR m At 1 October 2024 3,849.5 124.6 152.7 4,126.8 New assets originated or purchased 1,791.3 – – 1,791.3 Transfers on new assets originated or purchased (91.3) 84.2 7.1 – Assets derecognised or repaid (excluding write offs) (1,065.4) (46.8) (55.3) (1,167.5) Transfers to Stage 1 92.1 (78.4) (13.7) – Transfers to Stage 2 (109.2) 127.1 (17.9) – Transfers to Stage 3 (24.2) (17.0) 41.2 – Amounts written off – – (3.0) (3.0) At 30 September 2025 4,442.8 193.7 111.1 4,747.6

GROUP AND COMPANY

2024

STAGE 1 TOTAL MUR m MUR m MUR m MUR m STAGE 2 STAGE 3

3,205.6 1,674.3

163.6

254.2

3,623.4 1,674.3

At 1 October 2023

–

–

New assets originated or purchased

(58.4)

46.6

11.8

–

Transfers on new assets originated or purchased Assets derecognised or repaid (excluding write offs)

(1,016.6)

(46.3)

(102.9)

(1,165.8)

127.9

(100.0)

(27.9) (21.7)

– – –

Transfers to Stage 1 Transfers to Stage 2 Transfers to Stage 3 Amounts written off At 30 September 2024 Expected credit loss GROUP AND COMPANY

(69.0) (13.6)

90.7

(30.0)

43.6

(0.7)

–

(4.4)

(5.1)

3,849.5

124.6

152.7

4,126.8

2025

STAGE 1 TOTAL MUR m MUR m MUR m MUR m STAGE 2 STAGE 3

59.3 6.5

6.1

64.8

130.2

At 1 October 2024

–

–

6.5

New assets originated or purchased

(4.0) (1.1)

0.6

3.4

–

Transfers on new assets originated or purchased Assets derecognised or repaid (excluding write offs)

(0.1) (0.8) (0.4) (1.9) 2.2

(14.1)

(15.3)

3.4

(2.6) (2.0)

– – –

Transfers to Stage 1 Transfers to Stage 2 Transfers to Stage 3

(0.2) (0.1) (3.2)

0.5 4.2

(0.9)

Impact of year end ECL of exposures transferred between stages Changes to estimates and assumptions used for ECL calculations

7.2

3.9

(3.3) (3.0)

7.8

–

–

(3.0)

Amounts written off

67.8

9.6

47.9

125.3

–

–

1.2

1.2

Interest in suspense At 30 September 2025

67.8

9.6

49.1

126.5