TENAGA NASIONAL BERHAD Integrated Annual Report 2023 322 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 loss allowances for amounts due from associates using the general 3-stage approach reconciled to the opening loss allowances for that provision are as follows: Stage 1 RM’million Stage 2 RM’million Stage 3 RM’million Total RM’million Group 2023 As at the beginning of the financial year (7.3) 0 0 (7.3) Impairment loss recognised (0.1) 0 0 (0.1) Impairment loss reversed 0.1 0 0 0.1 As at the end of the financial year (7.3) 0 0 (7.3) 2022 As at the beginning of the financial year (7.3) 0 0 (7.3) Impairmentloss recognised (0.1) 0 0 (0.1) Impairment loss reversed 0.1 0 0 0.1 As at the end of the financial year (7.3) 0 0 (7.3) Company 2023 As at the beginning of the financial year (0.1) 0 0 (0.1) Impairment loss recognised (0.1) 0 0 (0.1) Impairment loss reversed 0.1 0 0 0.1 As at the end of the financial year (0.1) 0 0 (0.1) Company 2022 As at the beginning of the financial year (0.1) 0 0 (0.1) Impairment loss recognised (0.1) 0 0 (0.1) Impairment loss reversed 0.1 0 0 0.1 As at the end of the financial year (0.1) 0 0 (0.1) NOTES TO THE FINANCIAL STATEMENTS 31 December 2023 FINANCIAL STATEMENTS Sec 5 323 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 loss allowances for amounts due from joint ventures using the general 3-stage approach reconciled to the opening loss allowances for that provision are as follows: Stage 1 RM’million Stage 2 RM’million Stage 3 RM’million Total RM’million Group 2023 As at the beginning of the financial year (12.3) 0 0 (12.3) Impairment loss recognised