| THE GROUP AND THE BANK | ||||||
|---|---|---|---|---|---|---|
| 2019 | ||||||
| Gross carrying amount | Stage 1 | Stage 2 | Stage 3 | |||
12-months ECL | Lifetime ECL | Lifetime ECL | Total | |||
| MUR'000 | MUR'000 | MUR'000 | MUR'000 | |||
| Gross carrying amount at 01 July 2018 | 18,901,352 | 2,815,420 | 1,796,423 | 23,513,195 | ||
| Changes in the gross carrying amount | ||||||
| Transfer to stage 1 | 149,260 | (128,110) | (21,150) | - | ||
| Transfer to stage 2 | (486,171) | 486,173 | (2) | - | ||
| Transfer to stage 3 | (240,702) | (1,030,318) | 1,271,020 | - | ||
| New financial assets originated | 11,821,407 | 4,700 | 17,233 | 11,843,340 | ||
| Financial assets that have been repaid | (8,524,383) | (590,152) | (533,458) | (9,647,993) | ||
| Financial assets that have been derecognised | - | (310,091) | - | (310,091) | ||
| Write-offs | - | - | (213,662) | (213,662) | ||
| Other movements | (917,801) | (130,207) | (74,068) | (1,122,076) | ||
| Gross carrying amount at 30 June 2019 | 20,702,962 | 1,117,415 | 2,242,336 | 24,062,713 | ||