CFSL Integrated Report 2025

FINANCIAL

188

Risk Management

Corporate Governance

Statutory Disclosures

COMPANY

2025

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

308.4 432.7

25.6

334.1

668.1 432.7

At 1 October 2024

–

–

New assets originated

(15.3)

3.4

11.9

–

Transfers on new assets originated

(390.2)

(9.4) (2.0)

(8.9) (2.0) (1.0)

(408.5)

Assets derecognised or repaid (excluding write offs)

4.0

– – –

Transfers to Stage 1 Transfers to Stage 2 Transfers to Stage 3 Amounts written off At 30 September 2025

(8.6)

9.6

(10.3)

(4.4)

14.7

–

–

(0.9)

(0.9)

320.7

22.8

347.9

691.4

COMPANY

2024

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

199.6 199.8

4.4

342.0

546.0 199.8

At 1 October 2023

–

–

New assets originated

(18.8) (61.7)

2.8

16.0

–

Transfers on new assets originated

(5.8) (0.3)

(6.6) (2.2)

(74.1)

Assets derecognised or repaid (excluding write offs)

2.5

– – –

Transfers to Stage 1 Transfers to Stage 2 Transfers to Stage 3 Amounts written off At 30 September 2024

(5.9) (7.1)

27.8

(21.9)

(3.3)

10.4

–

–

(3.6)

(3.6)

308.4

25.6

334.1

668.1

(iv) Expected credit loss - Corporate credit facilities

GROUP

2025

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

13.9 28.3

9.6

123.1

146.6

At 1 October 2024

–

–

28.3

New assets originated

(14.9)

(0.2) (1.1)

15.1

–

Transfers on new assets originated

(9.4)

(1.2) (1.0) (0.4)

(11.7)

Assets derecognised or repaid (excluding write offs)

1.0

–

– – –

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

(0.1) (0.2) (1.1)

0.5

(0.1) (0.5)

0.3 4.1

Impact of impairment losses and year end ECL of exposures transferred between stages

2.5

–

–

(56.2)

(56.2)

Amounts written off

Changes to estimates and assumptions used for ECL calculations

(6.3)

0.5

–

(5.8) (0.6)

–

–

(0.6)

Exchange difference At 30 September 2025

11.2

8.7

83.3

103.2