Page 167 - flipbook-ubp-IR

OUR CORPORATE PERFORMANCE GOVERNANCE
THE GROUP 2021
Expected credit loss rate
Total gross carrying amount (Rs’000)
Expected credit loss (Rs’000) *
Total
338,121 67,923
Current
1.72% 7,067 259
1-30 days
2.78% 116,972 1,716
1-30 days
1.89% 63,262 558
1-30 days
2.01% 62,529 1,188
31-60 days
3.72% 79,008 1,644
31-60 days
2.07% 51,203 518
31-60 days
2.19% 57,028 1,160
61-90 days
6.92% 26,555 1,061
61-90 days
3.61% 27,702 645
61-90 days
3.84% 18,945 525
91-180 days
15.11% 26,885 2,813
91-180 days
13.92% 50,993 374
91-180 days
14.00% 11,227 1,094
>180 days
100.00% 81,634 60,430
>180 days
100.00% 48,868 40,092
>180 days
100.00% 48,457 27,820
* Adjusted taking into consideration bank guarantees
THE COMPANY
2022 Total
Expected credit loss rate Total gross carrying
amount (Rs’000) 244,641 Expected credit loss
Current
1.62% 2,613 17
Current
1.71% 5,201 89
(Rs’000) * 42,204
* Adjusted taking into consideration bank guarantees
2021 Total
Expected credit loss rate
Total gross carrying
amount (Rs’000) 203,387
Expected credit loss
(Rs’000) * 31,876
* Adjusted taking into consideration bank guarantees
Financial instruments and cash at bank
Credit risk from balances with banks and financial institutions is managed by the Group’s treasury department in accordance with the Group’s policy. Counterparty credit limits are reviewed by the Group’s Senior Management on an annual basis, and may be updated throughout the year. The limits are set to minimise the concentration of risks and therefore mitigate financial loss through potential counterparty’s failure. The Group’s maximum exposure to credit risk for the components of the statement of financial position is the carrying amounts as disclosed below:
2022
Rs’000
20,787
43,698
THE GROUP
Non-current financial assets Cash at bank
THE COMPANY
Non-current financial assets Cash at bank
Other receivables
Other receivables are neither past due nor impaired for the year ended June 30, 2022 and 2021.
2021 Rs’000 14,684 164,284
2021 Rs’000 13,534 46,723
2022
Rs’000
19,968
8,265
UBP INTEGRATED REPORT 2022
165
FINANCIAL STATEMENTS