Page 150 - RFHL ANNUAL REPORT 2025 ONLINE_NEW

148 • Republic Financial Holdings Limited 2025 Annual Report • FINANCIALS

Notes to the Consolidated Financial Statements

For the year ended September 30, 2025. Expressed in millions of Trinidad and Tobago dollars, except where otherwise stated.

4 Advances (continued)

2025 2024

b Net investment in leased assets included in net advances
Gross investment 11 15
Unearned finance charge (1) (1)

Net investment in leased assets 10 14

c Net investment in leased assets has the following maturity profile:
Within one year – –
One to five years 10 14
Over five years – –

10 14

d Impairment allowance for advances to customers
The table below shows the staging of advances and the related ECLs based on the Group’s criteria as explained in Note
22.2.4. Policies on whether ECL allowances are calculated on an individual or collective basis are set out in Note 22.2.6.

Commercial
and
Retail corporate Credit
2025 lending lending Mortgages Overdrafts cards Total

Gross loans 9,746 20,361 39,971 3,849 2,055 75,982
Stage 1: 12 Month ECL (105) (73) (111) (53) (58) (400)
Stage 2: Lifetime ECL (7) (70) (40) (43) (9) (169)
Stage 3: Credit-impaired financial
assets – Lifetime ECL (201) (334) (261) (25) (167) (988)

9,433 19,884 39,559 3,728 1,821 74,425

Stage 1: 12 Month ECL
ECL allowance as at October 1, 2024 103 82 112 41 44 382
Translation adjustments 1 2 (1) – 2 4
ECL on new instruments
issued during the year 24 16 9 1 1 51
Other credit loss movements,
repayments etc. (23) (27) (9) 11 11 (37)

At September 30, 2025 105 73 111 53 58 400