Page 164 - Capricorn IAR 2020

GLOSSARY OF TERMS ANNUAL FINANCIAL GLOSSARY OF TERMS STATEMENTS
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)
Company
Financial assets at amortised cost
Stage 1 Stage 2
Other assets
Stage 3
Opening ECL 1 July 2018
1,411
1,411 –
22,395
22,395
Total transfer between stages
2019
Net impairments raised
Impaired accounts written off
–
– –
–
–
–
Exchange
and other movements
–
– –
(6,092)
(6,092)
(6,092)
Closing ECL 30 June 2019
17,132
– 17,132
16,303
16,303
33,435
Total 23,806
– 15,721
(1,411) – 1,411 15,721
––
––
– 15,721
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