CFSL Integrated Report 2025

185

Introduction

Group Overview

Leadership

Strategy & Performance

Explanatory Notes 30 September 2025 16. LOANS AND ADVANCES (CONTINUED) (a) Credit facilities (continued) (iv) Expected credit loss - Credit facilities GROUP

2025

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

166.9 259.5

38.3

691.7

896.9 259.5

At 1 October 2024

–

–

New assets originated

(209.7)

4.9

204.8

–

Transfers on new assets originated

(29.1)

(6.5) (7.6)

(85.9) (34.2) (23.7)

(121.5)

Assets derecognised or repaid (excluding write offs)

41.8

– – –

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

(3.3) (3.6)

27.0

(8.1)

11.7

(37.4)

(19.8)

128.8

71.6

ECL Impact on transfer

Changes to estimates and assumptions used for ECL calculations

14.4

32.6

(47.6)

(0.6)

1.0

–

–

1.0

Exchange difference Amounts written off

–

(0.1)

(182.6)

(182.7)

200.5

60.7

663.0

924.2

–

–

48.1

48.1

Interest in suspense

200.5

60.7

711.1

972.3

At 30 September 2025

COMPANY

2025

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

162.4 254.6

30.1

673.1

865.6 254.6

At 1 October 2024

–

–

New assets originated

(205.4) (26.5)

4.3

201.1

–

Transfers on new assets originated

(5.2) (7.5)

(84.6) (34.2) (23.7)

(116.3)

Assets derecognised or repaid (excluding write offs)

41.7

– – –

Transfers to Stage 1 Transfers to Stage 2 Transfers to Stage 3 ECL impact on transfer

(3.2) (2.3)

26.9

(3.7)

6.0

(37.3)

(20.2)

84.9

27.4 29.7

Changes to estimates and assumptions used for ECL calculations

14.4

32.6

(17.3)

–

–

(175.3)

(175.3)

Amounts written off

198.4

57.3

630.0

885.7

–

–

48.1

48.1

Interest in suspense At 30 September 2025

198.4

57.3

678.1

933.8

GROUP

2024

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

150.9 408.2

40.7

673.1

864.7 408.2

At 1 October 2023 New assets originated

–

–

(261.3) (50.4)

27.6

233.7 (89.8) (39.7) (21.8)

–

Transfers on new assets originated

(8.6)

(148.8)

Assets derecognised or repaid (excluding write offs)

51.5

(11.8)

– – –

Transfers to Stage 1 Transfers to Stage 2 Transfers to Stage 3 ECL impact on transfer

(5.1) (4.6)

26.9

(9.9)

14.5

(45.7) (77.1)

(16.3) (10.0)

107.9

45.9

(14.1)

(101.2)

Changes to estimates and assumptions used for ECL calculations

0.7

0.4

2.8

3.9

Exchange difference Amounts written off At 30 September 2024

(0.2)

(0.7)

(174.9)

(175.8)

166.9

38.3

691.7

896.9