Page 223 - Full Book_24.4.2021

NOTES TO THE
FINANCIAL STATEMENTS in retrospect

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for the financial year ended 31 december 2020 (continUed)
the Will to Suceed

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8 FINANCING, ADVANCES AND OTHERS (CONTINUED)
(g) Movement in impaired financing and advances (“impaired financing”)
Group achieving a leading repute
2020 2019
RM’000 RM’000
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at 1 January 433,001 425,937
classified as impaired during the year 311,012 701,221
reclassified as not impaired during the year (190,989) (372,172)
amount recovered (67,114) (97,001) Paving the Way for a Sustainable future
amount written off (112,676) (224,984)
at 31 december 373,234 433,001

Gross impaired financing as a percentage of
gross financing, advances and others 0.67% 0.86%
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the contractual amount outstanding on financing and advances that were written off during the year are still subject to
enforcement activity.

(h) Impaired financing by geographical distribution
central region 174,617 181,730
eastern region 86,291 101,743 adhering to the best Governance Practices
northern region 78,220 79,976
Southern region 19,167 47,527
east malaysia region 14,939 22,025

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373,234 433,001

(i) Impaired financing by sector
manufacturing (including agro-based) 28,328 45,715 Laying the Foundation for Financial Growth
Wholesale & retail trade, and restaurants & hotels 89,812 97,043
construction 36,220 29,361
transport, storage and communications 17,801 10,217
finance, insurance, real estate and business activities 6,141 8,125
education, health and others 3,969 8,179 |
additional information & disclosure Summary
household sectors 190,963 234,361
373,234 433,001

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24 th aGm information