receivables presented by the stages are as follows: Stage 1 RM’million Stage 2 RM’million Stage 3 RM’million Total RM’million Group 2023 Gross carrying amount 840.3 59.4 171.9 1,071.6 Less: Loss allowances (27.8) (1.2) (189.8) (218.8) Net carrying amount 812.5 58.2 (17.9) 852.8 2022 Gross carrying amount 944.6 66.8 193.4 1,204.8 Less: Loss allowances (28.2) (1.2) (192.3) (221.7) Net carrying amount 916.4 65.6 1.1 983.1 Company 2023 Gross carrying amount 28.2 145.3 152.9 326.4 Less: Loss allowances (8.6) (0.8) (143.6) (153.0) Net carrying amount 19.6 144.5 9.3 173.4 2022 Gross carrying amount 89.1 26.8 158.5 274.4 Less: Loss allowances (20.3) (0.8) (138.3) (159.4) Net carrying amount 68.8 26.0 20.2 115.0 NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 TENAGA NASIONAL BERHAD Integrated Annual Report 2023 324 45 FINANCIAL INSTRUMENTS (CONTINUED)(b) Financial risk management (continued) Credit risk (continued) (iii) Non-trade receivables (continued) • Other non-trade receivables, amounts due from associates and joint ventures (continued) Impairment losses (continued) The impact on the carrying value of amounts due from associates presented by the stages are as follows: Stage 1 RM’million Stage 2 RM’million Stage 3 RM’million Total RM’million Group 2023 Gross carrying amount 395.6 0 0 395.6 Less: Loss allowances (7.3) 0 0 (7.3) Net carrying amount 388.3 0 0 388.3 2022 Gross carrying amount 666.4 0 0 666.4 Less: Loss allowances (7.3) 0 0 (7.3) Net carrying amount 659.1 0 0 659.1 Company 2023 Gross carrying amount 5.3 0 0 5.3 Less: Loss allowances (0.1) 0 0 (0.1) Net carrying amount 5.2 0 0 5.2 2022 Gross carrying amount 5.7 0 0 5.7 Less: Loss allowances (0.1) 0 0 (0.1) Net carrying amount 5.6 0 0 5.6 NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 325 45 FINANCIAL INSTRUMENTS (CONTINUED) (b) Financial risk management (continued) Credit risk (continued) (iii) Non-trade receivables (continued) • Other non-trade receivables, amounts due from associates and joint ventures (continued)