BIMB Integrated Annual Report 2019

8 FINANCING, ADVANCES AND OTHERS (continued) (h) Impaired financing by geographical distribution Group 2019 2018 RM’000 RM’000 Central Region 181,730 245,531 Eastern Region 101,743 101,868 Northern Region 79,976 25,349 Southern Region 47,527 31,320 East Malaysia Region 22,025 21,869 433,001 425,937 (i) Impaired financing by sector Manufacturing (including agro-based) 45,715 21,426 Wholesale & retail trade, and restaurants & hotels 97,043 56,665 Construction 29,361 123,007 Transport, storage and communications 10,217 10,936 Finance, insurance, real estate and business activities 8,125 3,066 Education, health and others 8,179 4,642 Household sectors 234,361 206,195 433,001 425,937 (j) Movement of allowance for impairment on financing, advances and others Group Stage 1 Stage 2 Stage 3 Total RM’000 RM’000 RM’000 RM’000 At 1 January 2018 390,478 139,501 231,636 761,615 Transfer to Stage 1 6,841 (6,525) (316) – Transfer to Stage 2 (4,419) 8,639 (4,220) – Transfer to Stage 3 (523) (8,454) 8,977 – Net allowance made during the year (22,326) 1,175 160,491 139,340 New financial assets originated or purchased 88,675 7,437 5,090 101,202 Financial assets that have been derecognised (39,166) (12,371) (2,603) (54,140) Write-offs – – (155,202) (155,202) Exchange differences (3,110) – – (3,110) At 31 December 2018/1 January 2019 416,450 129,402 243,853 789,705 Transfer to Stage 1 1,931 (1,798) (133) – Transfer to Stage 2 (6,868) 9,175 (2,307) – Transfer to Stage 3 (461) (8,696) 9,157 – Net allowance made during the year (59,446) 45,272 149,340 135,166 New financial assets originated or purchased 127,923 2,567 2,411 132,901 Financial assets that have been derecognised (44,291) (27,807) (5,140) (77,238) Write-offs – – (224,984) (224,984) Exchange differences (4,103) – – (4,103) At 31 December 2019 431,135 148,115 172,197 751,447 NOTES TO THE FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2019 (CONTINUED) 219 BIMB HOLDINGS BERHAD 199701008362 (423858-X) Shareholders’ Information Financial Statements Additional Information Disclosure Summary