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enricHing national Progress ENRICHING SUSTAINABLE RETURNS

notes to tHe financial statements

for the year ended 31 december 2023

17. DEBT iNSTRUMENTS AT FAiR VALUE THROUGH OTHER COMPREHENSiVE iNCOME (CONTiNUED)
c) impact of movements in gross carrying amount on allowance for impairment losses (continued)

Lifetime
Expected
Credit Losses
12-months (Collectively
Expected Assessed
Credit - Not Credit
Gross Carrying Amount Of Losses impaired) Total
Debt instruments at FVOCi RM’000 RM’000 RM’000

At 1 January 2022 35,942,919 69,037 36,011,956
transfers:
- transferred to lifetime ecl not credit impaired
– collective provision 62,737 (62,737) -
new financial assets originated or purchased 8,833,175 - 8,833,175
financial assets that have been derecognised (4,609,135) (888) (4,610,023)
Value and exchange fluctuations (1,032,336) (392) (1,032,728)
At 31 December 2022/1 January 2023 39,197,360 5,020 39,202,380
transfers:
- transferred to lifetime ecl not credit impaired
– collective provision (67,093) 67,093 -
new financial assets originated or purchased 8,866,173 - 8,866,173
financial assets that have been derecognised (6,303,808) (1,751) (6,305,559)
Value and exchange fluctuations 927,827 (14,910) 912,917
At 31 December 2023 42,620,459 55,452 42,675,911

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

198 KUMPULAN WANG PERSARAAN (DIPERBADANKAN) i INTEGRATED REPORT 2023