Notes | |||||
Gross investment in mortgage loans |
2,195 |
2,264 |
16 |
28 |
|
Less : Unearned finance income |
( 565 ) |
( 548 ) |
- |
- |
|
Carrying amount |
1,630 |
1,716 |
16 |
28 |
|
Less : Current portion |
11 |
( 330 ) |
( 337 ) |
( 15 ) |
( 25 ) |
Total loans and other receivables before allowance for expected credit losses |
1,300 |
1,379 |
1 |
3 |
|
Allowance for expected credit losses |
9.1.4 |
- |
( 3 ) |
- |
( 2 ) |
Total loans and other receivables |
9.1 |
1,300 |
1,376 |
1 |
1 |
Note | |||||
Within one year |
330 |
338 |
15 |
26 |
|
After one year but not more than five years |
951 |
971 |
1 |
2 |
|
More than five years |
349 |
407 |
- |
- |
|
Carrying amount |
1,630 |
1,716 |
16 |
28 |
|
Less : Current portion |
( 330 ) |
( 337 ) |
( 15 ) |
( 25 ) |
|
Total mortgage loans before allowance for expected credit losses |
1,300 |
1,379 |
1 |
3 |
|
Allowance for expected credit losses |
9.1.4 |
- |
( 3 ) |
- |
( 2 ) |
Total |
1,300 |
1,376 |
1 |
1 |
GROUP | |||||||||
2022 |
2021 |
||||||||
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
R ' m |
||
Stage 1 |
Stage 2 |
Stage 3 |
Total |
Stage 1 |
Stage 2 |
Stage 3 |
Total |
||
Gross mortgage loans |
778 |
805 |
47 |
1,630 |
750 |
929 |
37 |
1,716 |
|
Allowance for expected credit losses |
- |
- |
- |
- |
( 1 ) |
- |
( 2 ) |
( 3 ) |
|
Opening balance |
( 1 ) |
- |
( 2 ) |
( 3 ) |
- |
( 1 ) |
( 12 ) |
( 13 ) |
|
New assets originated or purchased |
- |
- |
- |
- |
( 1 ) |
- |
- |
( 1 ) |
|
Payments and assets derecognised |
- |
- |
- |
- |
- |
1 |
15 |
16 |
|
Transfer to stage 1 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Transfer to stage 2 |
- |
- |
- |
- |
- |
- |
- |
- |
|
Transfer to stage 3 |
- |
- |
- |
- |
- |
- |
( 7 ) |
( 7 ) |
|
Amount written off |
1 |
- |
2 |
3 |
- |
- |
2 |
2 |
|
Effect of changes in assumptions |
- |
- |
- |
- |
- |
- |
- |
- |
|
Net mortgage loans |
778 |
805 |
47 |
1,630 |
749 |
929 |
35 |
1,713 |
Movements in stages during the year : Stage 1 to Stage 2 |
- |
- |
- |
- |
( 27 ) |
27 |
- |
- |
Stage 1 to Stage 3 |
( 19 ) |
- |
19 |
- |
( 24 ) |
- |
24 |
- |
Stage 2 to stage 1 |
- |
- |
- |
- |
9 |
( 9 ) |
- |
- |
Stage 2 to stage 3 |
- |
- |
- |
- |
- |
( 1 ) |
1 |
- |
Total Movements |
( 19 ) |
- |
19 |
- |
( 42 ) |
17 |
25 |
- |