Annual Report 2012 - Raiffeisen Bank Kosovo JSC

More documents

Recommendations

Info

58 13. Leasehold improvements, equipment and intangible assets ATM, other bank Leasehold and office Computer Intangible improvements equipment hardware assets Total Cost as at 31 December 2010 3,604 8,956 4,172 6,582 23,314 Additions 454 913 307 1,164 2,838 Disposals (156) 1,297 (1,649) (85) (593) 2011 3,902 11,166 2,830 7,661 25,559 Additions 261 1,610 231 879 2,981 Disposals (126) (212) (63) - (401) 2012 4,037 12,564 2,998 8,540 28,139 Accumulated depreciation and amortisation at 31 December 2010 2,612 4,676 2,808 4,233 14,329 Depreciation/amortisation charge for the year (Note 21) 561 1,715 270 856 3,402 Eliminated on disposals (157) (110) (128) (95) (490) 2011 3,016 6,281 2,950 4,994 17,241 Depreciation/amortisation charge for the year (Note 21) 439 1,660 368 1,134 3,601 Eliminated on disposals (110) (173) (61) 28 (316) 2012 3,345 7,768 3,257 6,156 20,526 Net book value at 31 December 2012 692 4,796 (259) 2,384 7,613 2011 886 4,885 (120) 2,667 8,318 14. Deposits from customers 2012 2011 Corporate customers: Current accounts 62,642 106,709 Savings accounts 4,534 8,681 Term deposits and margin accounts 19,492 25,325 86,668 140,715 Retail customers: Current accounts 147,995 137,054 Savings accounts 136,157 140,930 Term deposits and margin accounts 143,049 138,578 427,201 416,562 Total customer accounts 513,869 557,277 As at 31 December 2012, customer accounts include accrued interest expense in the amount of € 2,456 thousand (31 December 2011: € 2,397 thousand). As at 31 December 2012 the Bank has 561 customers with balances above € 100 thousand (31 December 2011: 541 customers). The aggregate balances of these customers are € 163,112 thousand or 32 per cent of total customer accounts (31 December 2011: 203,869 thousand or 37 per cent of total customer accounts). Included in customer accounts are deposits of € 12,322 thousand as at 31 December 2012, held as collateral for guarantees and letters of credit issued by the Bank to these customers (31 December 2011: € 12,578 thousand). Details of related party balances are presented under Note 25.
15. Deposits and borowings from banks 2012 2011 Borrowings Supranational institutions and development banks 3,728 12,663 Deposits Other commercial banks – non OECD Countries 485 21 Total deposits and borrowings from banks 4,213 12,684 In the borrowings amount as at 31 December 2012 is included an accrued interest amount of € 37 thousand (31 December 2011: € 82 thousand). Maturity of the loans from supranational institutions and development banks are from the shortest maturing in 2013 to longest maturing in 2016. 16. Other liabilities 2012 2011 Clearing deposits from payment transfer business 1,393 6,154 Negative fair value financial derivative instruments 2,881 2,363 Deferred income 1,398 1,502 Accrued staff costs 1,074 844 Payables 894 822 Accrued operating expenses 577 437 Interest Rate SWAP payable 560 341 Provision for losses on commitments and contingent liabilities (see below) 263 161 Tax payable 129 147 Liabilities on leased assets 45 104 Other 316 35 Total other liabilities 9,530 12,910 Clearing deposits from payment transfer business comprise bank’s suspense accounts which result in debit balance in amount of € 1,393 thousand as at 31 December 2012 (31 December 2011: € 6,154 thousand). Clearing deposits comprise clearing accounts for debit and credit cards, payments and other items. Deferred income as at December 31, 2012 represents the amount of loan deferred fees. Details of related party balances are presented under Note 25. Movements in the provision for losses on commitments and contingent liabilities are as follows: 2012 2011 Provision for losses on commitments and contingent liabilities at the beginning of the year 161 141 Provision / (release of provision) for losses on commitments and contingent liabilities 221 20 Provision for losses on commitments and contingent liabilities at the end of the year 263 161 Following is the breakdown of the provision as at 31 December 2012: 2012 2011 Provision for contingent liabilities 99 - Provision for legal cases 164 161 Total Provision 263 161 59 Addresses Glossary Financial Statements Segment Reports Overview Macroeconomic Environment RBI Vision and Mission Management Board Introduction
Page 1 and 2:
Annual Report 2012
Page 3 and 4:
Content Report of the Supervisory B
Page 5 and 6:
Report of the Management Board 2012
Page 7 and 8: Raiffeisen Bank Kosovo Organisation
Page 9 and 10: Raiffeisen Bank International at a
Page 11 and 12: Output The yearly aggregated growth
Page 13 and 14: Similar to the decline in the growt
Page 15 and 16: The banking sector in Kosovo contin
Page 17 and 18: Treasury Kosovo money market and th
Page 19 and 20: Given the focus on delivering value
Page 21 and 22: During 2012, the Bank was focused o
Page 23 and 24: Trade Finance Raiffeisen Bank Kosov
Page 25 and 26: E-Learning proved popular during 20
Page 27 and 28: Statement of Management’s Respons
Page 29 and 30: Independent Auditors’ Report To t
Page 31 and 32: Separate statement of comprehensive
Page 33 and 34: Separate statement of cash flow (am
Page 35 and 36: A parent need not present consolida
Page 37 and 38: 3.3.5. Investments at fair value th
Page 39 and 40: characteristics (i.e., on the basis
Page 41 and 42: can be subject to provisioning. For
Page 43 and 44: a) Impairment charge for credit los
Page 45 and 46: Loans with renegotiated terms Loans
Page 47 and 48: 4.3 Liquidity risk Liquidity risk i
Page 49 and 50: Geographical risk The geographical
Page 51 and 52: In management’s opinion, the sens
Page 53 and 54: 4.5 Operational risk The primary re
Page 55 and 56: 6. Cash and cash equivalents and ma
Page 57: 9. Other loans 2012 2011 Other loan
Page 61 and 62: 20. Other income 61 2012 2011 Incom
Page 63 and 64: 24. Contigencies and commitments Le
Page 65 and 66: 65 Addresses Glossary Financial Sta
Page 67 and 68: RBI Group in Europe 67 Addresses Gl
Page 69 and 70: Gjakova Branch Nena Tereza No. 328
Page 71 and 72: Bosnia and Herzegovina Raiffeisen L
show all

Annual Report 2012 - Raiffeisen Bank Kosovo JSC

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?