Annual Report 2012 - Raiffeisen Bank Kosovo JSC

Statement of Management’s Responsibilities 28
Independent Auditors’ Report
Separate statement of financial position 30
Separate statement of comprehensive income 31
Separate statement of changes in equity 32
Separate statement of cash flows 33
Notes to the separate financial statements 34
1. General information 34
2. Basis of preparation 34
3. Significant accounting policies 34
4. Financial risk management 43
5. Fair value of financial instruments 54
6. Cash and cash equivalents and mandatory reserve 55
7. Due from other banks 55
8. Loans and advances to costumers 56
9. Other loans 57
10. Investment securities 57
11. Investment in a subsidiary 57
12. Other assets 57
13. Leasehold improvements, equipment and intangible assets 58
14. Deposits from costumers 58
15. Deposits and borrowings from banks 59
16. Other liabilities 59
17. Share capital 60
18. Interest income and expense 60
19. Fee and commission income and expense 60
20. Other income 61
21. Staff costs 61
22. Other operating expenses 61
23. Income taxes 62
24. Contingencies and commitments 63
25. Related party transactions 64
26. Subsequent events 64
27
Addresses Glossary Financial Statements Segment Reports Overview Macroeconomic Environment RBI Vision and Mission Management Board Introduction