CITIC Limited Half-Year Report 2020

74 CITIC Limited Half-Year Report 2020 For the six months ended 30 June 2020 Notes to the Consolidated Financial Statements 19 Investments in financial assets (continued) (c) Analysed by assessment method of allowance for impairment losses As at 30 June 2020 Stage 1 Stage 2 Stage 3 Total HK$ million HK$ million HK$ million HK$ million Gross carrying amount of investments in financial assets at amortised cost 1,020,138 3,577 21,081 1,044,796 Accrued interest 13,141 109 – 13,250 Less: allowance for impairment losses (5,569) (515) (9,178) (15,262) Carrying amount of investments in financial assets at amortised cost 1,027,710 3,171 11,903 1,042,784 Gross carrying amount of debt investments in financial assets at FVOCI 802,567 141 17 802,725 Accrued interest 7,151 1 – 7,152 Carrying amount of debt investments in financial assets at FVOCI 809,718 142 17 809,877 Total carrying amount of investments in financial assets for which allowance for impairment losses is recognised 1,837,428 3,313 11,920 1,852,661 Allowance for impairment losses on debt investments in financial assets at FVOCI (2,040) (3) (367) (2,410) As at 31 December 2019 Stage 1 Stage 2 Stage 3 Total HK$ million HK$ million HK$ million HK$ million Gross carrying amount of investments in financial assets at amortised cost 1,015,265 12,709 10,613 1,038,587 Accrued interest 10,995 85 – 11,080 Less: allowance for impairment losses (4,212) (515) (3,943) (8,670) Carrying amount of investments in financial assets at amortised cost 1,022,048 12,279 6,670 1,040,997 Gross carrying amount of debt investments in financial assets at FVOCI 693,626 138 223 693,987 Accrued interest 7,949 – – 7,949 Carrying amount of debt investments in financial assets at FVOCI 701,575 138 223 701,936 Total carrying amount of investments in financial assets for which allowance for impairment losses is recognised 1,723,623 12,417 6,893 1,742,933 Allowance for impairment losses on debt investments in financial assets at FVOCI (1,486) (3) (331) (1,820)