Page 161 - Capricorn IAR 2020

2020 INTEGRATED ANNUAL REPORT
NOTES TO THE CONSOLIDATED AND SEPARATE ANNUAL FINANCIAL STATEMENTS (continued)
for the year ended 30 June 2020
3. FINANCIAL RISK MANAGEMENT (continued)
3.2 Credit risk (continued)
3.2.3 Loss allowance (continued)
The following table explains the changes in the loss allowance between the beginning and the end of the annual period due to these factors:
Group
Overdrafts
Stage 1 Stage 2 Stage 3
Term loans
Stage 1 Stage 2 Stage 3
Mortgages
Stage 1 Stage 2 Stage 3
Instalment finance
Stage 1 Stage 2 Stage 3
Total loans and advances
Other financial instruments
Stage 1 Stage 2
Total
Opening ECL 1 July 2019
197,638
34,079
38,902 124,657
209,767
40,279
23,474 146,014
164,841
13,177
14,925 136,739
191,273
65,001
24,955 101,317
763,519
36,873
897 35,976
800,392
Total transfer between stages
–
18,152 (20,453)
2,301
–
(10,754) (9,271)
20,025
–
6,458 (7,008)
550
–
1,009 (766) (243)
–
–
– –
–
2020
Net impairments raised
87,789
(7,456) 21,531 73,714
177,381
65,124 2,625 109,632
71,102
(3,310) 14,641 59,771
(14,123)
(1,581)
(1,657) (10,885)
322,149
(10,726)
(197) (10,529)
311,423
Impaired accounts written off
(10,826)
– (182) (10,644)
(50,560)
–
– (50,560)
(6,186)
–
– (6,186)
(11,130)
–
– (11,130)
(78,702)
–
– –
(78,702)
Exchange
and other movements1
(2,080)
(1,640) (441)
1
8,428
(6,165) 9,726 4,867
249
(958)
(406) 1,613
(73,648)
(28,186) (10,345) (35,117)
(67,051)
(15,308)
– (15,308)
(82,359)
Closing ECL 30 June 2020
272,521
43,135
39,357 190,029
345,016
88,484
26,554 229,978
230,006
15,367
22,152 192,487
92,372
36,243 12,187 43,942
939,915
10,839
700 10,139
950,754
1 Exchange and other movements includes forex movements and the removal of the operating segment classified as a discontinued operation.
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