CFSL Integrated Report 2025

189

Introduction

Group Overview

Leadership

Strategy & Performance

Explanatory Notes 30 September 2025 16. LOANS AND ADVANCES (CONTINUED) (b) Corporate credit facilities (continued)

(iv) Expected credit loss - Corporate credit facilities (continued)

GROUP

2024

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

12.2 10.6

0.2

107.8

120.2

At 1 October 2023

–

–

10.6

New assets originated

(2.1) (2.5)

0.5

1.6

–

Transfers on new assets originated

– –

(0.8) (1.0)

(3.3)

Assets derecognised or repaid (excluding write offs)

1.0

– – –

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

(0.1) (0.1) (1.0)

11.0

(10.9)

(0.1) (1.9)

0.2

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

27.0

24.1

–

–

(3.5)

(3.5) (4.2)

Amount written off

(4.1)

(0.1)

–

Changes to estimates and assumptions used for ECL calculations

–

–

2.7

2.7

Exchange difference At 30 September 2024

13.9

9.6

123.1

146.6

COMPANY

2025

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

13.9 25.0

9.4

324.3

347.6

At 1 October 2024

–

–

25.0

New assets originated

(12.4)

(0.2) (1.1)

12.6

–

Transfers on new assets originated

(9.3)

(1.2) (1.0) (0.5)

(11.6)

Assets derecognised or repaid (excluding write offs)

1.0

–

– – –

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

–

0.5

(0.2) (1.0)

(0.1) (0.5)

0.3 4.0

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

2.5

–

–

(0.8)

(0.8) (5.8)

Amounts written off

Changes to estimates and assumptions used for ECL calculations

(6.3)

0.5

–

10.7

8.5

337.7

356.9

At 30 September 2025

COMPANY

2024

STAGE 1 MUR m

STAGE 2 MUR m

STAGE 3 MUR m

TOTAL MUR m

11.9 10.6

– – – –

270.5

282.4

At 1 October 2023

–

10.6

New assets originated

(2.1) (2.3) (0.1) (0.1) (1.0) 1.0

0.5

1.6

–

Transfers on new assets originated

(0.8) (1.0)

(3.1)

Assets derecognised or repaid (excluding write offs)

– – –

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

11.0

(10.9)

(0.1) (1.9)

0.2 3.9

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

1.0

–

–

(3.5)

(3.5)

Amounts Write off

Changes to estimates and assumptions used for ECL calculations

(4.0)

(0.1)

64.3

60.2

At 30 September 2024 347.6 The contractual amount outstanding were written off and are still subject to enforcement activity amounted to MUR0.9m (2024: Nil). 13.9 9.4 324.3