Annual Report & Accounts 2009 - Anglo Irish Bank

Notes to the financial statements continued
27. Loans and advances to customers continued
90
The asset quality of the Group's loans and advances to customers is analysed as follows:
Business Other
Commercial Residential Banking Lending Total
€m €m €m €m €m
Good quality 12,359 1,113 2,444 387 16,303
Satisfactory quality 570 83 78 4 735
Lower quality but not past due or
impaired 4,506 71 565 18 5,160
Total neither past due or impaired 17,435 1,267 3,087 409 22,198
Past due but not impaired 2,916 668 484 692 4,760
Impaired loans 6,249 574 1,762 926 9,511
26,600 2,509 5,333 2,027 36,469
Provisions for impairment (2,862) (315) (824) (845) (4,846)
Less:
Lending to policyholders in respect of
23,738 2,194 4,509 1,182 31,623
investment contracts (note 40) (771)
Total 30,852
Provisions for impairment on
loans and advances to customers
The Group
31 December 2009
The Group
31 December 2009
Business Other
Commercial Residential Banking Lending Total
€m €m €m €m €m
At beginning of period 450 379 31 54 914
Charge against profits 8,441 2,819 1,162 2,022 14,444
Write-offs (15) (17) (22) (29) (83)
Unwind of discount (127) (79) (7) (23) (236)
Exchange movements
Transfers to assets classified as held for
(43) (21) (3) (6) (73)
sale (5,844) (2,766) (337) (1,173) (10,120)
At end of period 2,862 315 824 845 4,846
Specific 2,081 160 731 675 3,647
Collective 781 155 93 170 1,199
Total 2,862 315 824 845 4,846
The charge against profits includes collective provisions for impairment analysed on a portfolio basis.