Page 173 - Capricorn IAR 2020

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)
3.2.6 Credit quality of loans and advances and other financial instruments (continued)
(i) Credit quality and management of loans and advances (continued)
Subsequent credit assessments (continued)
The table below shows the loans and advances age analysis as required by the Banking Institutions Act:
Stage 1
Stage 3
2020 INTEGRATED ANNUAL REPORT
467,346
(179,429)
38,159,240
–
Stage 2
Not past due
0–30 days N$’000
31–60 days N$’000
18,311
(27,289)
205,224
61–90 days N$’000
(24,526)
184,447
–
More than 90 days N$’000
5,285,100
12,430,580
17,098,662
3,056,981
161,268
65,056
198,205
20,536
41,893
62,736
109,573
13,416
72,077
94,599
28,881
338,351
472,009
914,732
194,802
(656,436)
1,263,458
–
5,840,028
13,102,458
18,415,771
3,319,511
467,346
38,338,669
(52,235)
232,513
–
445,065
208,973
1,919,894
41,145,114
(939,915)
392,830
40,205,199
Group
As at 30 June 2020
Overdrafts
Term loans Mortgages Instalment finance Preference shares
Total gross loans and advances1 Impairments raised
Net loans and advance1
Total N$’000
1 Excludes the impact of interest in suspense and the IFRS 9 effective interest rate impact.
Stage 2
0–30 days N$’000
31–60 days N$’000
61–90 days N$’000
Stage 1
Not past Group due
As at 30 June 2019
Overdrafts 4,654,126 Term loans 11,363,218 Mortgages 16,148,436 Instalment finance 3,038,935 Preference shares 409,743
Total gross loans and
advances1 35,614,458 Impairments raised (152,536)
Net loans and
advances1 35,461,922
495,685 139,865 525,174
43,793 –
1,204,517 (71,657)
1,132,860
12,883
47,933 198,244 7,560 –
266,620 (15,861)
250,759
31,457
95,310 109,515 11,447 –
247,729 (14,738)
232,991
Stage 3
More than 90 days N$’000
382,321 355,436 767,494 107,540
–
1,612,791 (508,727)
1,104,064
Total N$’000
5,576,472 12,001,762 17,748,863
3,209,275 409,743
38,946,115 (763,519)
38,182,596
1 Excludes the impact of interest in suspense and the IFRS 9 effective interest rate impact.
Further information of the impairment allowance for loans and advances to customers is provided in note 17.
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