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ENRICHING STAKEHOLDER ASPIRATIONS ENRICHING PERFORMANCE ENRICHING THE COMMUNITY ENRICHING ACCOUNTABILITY & INTEGRITY ENRICHING RESILIENCE & SUSTAINABLE GROWTH

notes to tHe financial statements

for the year ended 31 december 2023

15. DEBT iNSTRUMENT AT AMORTiSED COST (CONTiNUED)
(b) Movements in the allowance for debt instruments at amortised cost

12-months
expected credit
losses Total
Debt instruments At Amortised Cost RM’000 RM’000

At 1 January 2022 3 3
net remeasurement of loss allowance (1) (1)
At 31 December 2022/1 January 2023 2 2
net remeasurement of loss allowance 243 243
At 31 December 2023 245 245

there was no purchase of credit-impaired financial assets at the initial recognition and during the year, hence no
recognition of ecl during the year.
(c) impact of movements in the gross carrying amount on allowance for impairment losses

allowance for impairment losses reflected the ecl measured using the three-stage approach under the mfrs 9,
as described in the material accounting policies section.

the gross carrying amount of debt instruments at amortised cost increased by rm248.8 million primarily due to
purchases made during the year.
12-months
expected credit
losses Total
Debt instruments At Amortised Cost RM’000 RM’000

At 1 January 2022 15,792,014 15,792,014
new financial assets originated or purchased 2,127,527 2,127,527
financial assets that have been derecognised (1,569,467) (1,569,467)
movement of accretion of discount 22,469 22,469
At 31 December 2022/1 January 2023 16,372,543 16,372,543
new financial assets originated or purchased 687,050 687,050
financial assets that have been derecognised (432,482) (432,482)
movement of accretion of discount (5,720) (5,720)
At 31 December 2023 16,621,391 16,621,391

(d) Write-offs still under enforcement activity
there was no outstanding contractual amount written off during the year (2022: nil).

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