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8. LOANS, ADVANCES AND FINANCING (CONT’D)
(iv) Movements of impaired loans, advances and financing (“impaired loans”) are as follows:
Group and Bank
2013
2012
RM’000
RM’000
At 1 January
812,321
879,562
Impaired during the year
99,821
8,825
Reclassified as non-impaired
(54,812)
(2,856)
Recoveries
(11,789)
(36,624)
Amount written off
(23,948)
(14,652)
Exchange differences
62,764
(21,934)
At 31 December
884,357
812,321
Gross impaired loans as a percentage of gross loans, advances and financing
– with ECR debtors
14.2%
19.2%
– without ECR debtors
15.2%
22.2%
Net impaired loans as a percentage of gross loans, advances and financing
– with ECR debtors
7.7%
9.7%
– without ECR debtors
8.2%
11.2%
(v) Movements in the allowance for impaired loans, advances and financing are as follows:
Group and Bank
2013
2012
RM’000
RM’000
Individual allowance
At 1 January
400,582
433,649
Allowance made during the year (Note 31)
60,914
31,309
Amount written back (Note 31)
(62,272)
(36,610)
Net charge to statements of income
(1,358)
(5,301)
Amount written off
(23,947)
(14,652)
Allowance recoverable from the Government
of Malaysia for MKFF Scheme
1,938
–
Interest accrued on impaired loans, advances
and financing
(607)
–
Forex revaluation gain
31,346
(13,114)
At 31 December
407,954
400,582
Collective allowance
At 1 January
111,118
90,153
Allowance made during the year (Note 31)
16,091
20,965
At 31 December
127,209
111,118
As % of net loans, advances and financing
2.34%
3.41%
EXIM Bank Annual Report 2013
129