Annual Report - Ahli United Bank

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Annual Report - Ahli United Bank

3. CREDIT RISK MANAGEMENT (continued)TABLE - 9 SECTORAL BREAKDOWN OF IMPAIRED LOANS AND IMPAIRMENT PROVISIONImpairedand pastdue loansSpecificimpairmentNetspecificchargefor theyear ended 31December 2009Write offduring theyear ended 31December 2009CollectiveimpairmentUS$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000Consumer/personal 146,355 101,217 30,908 14,155 18,485Trading and manufacturing 49,016 29,217 34,523 30,685 16,959Real estate 30,926 17,434 15,381 5,083 17,242Banks and other financialinstitutions 11,988 11,988 20,245 9,500 4,503Construction 76,556 66,264 62,903 99,553 6,386Others 69,398 61,592 24,372 5,168 12,908TOTAL 384,239 287,712 188,332 164,144 76,483TABLE - 10 GEOGRAPHICAL DISTRIBUTION OF IMPAIRMENT PROVISIONS FOR LOANS AND ADVANCESGCCcountriesUnitedKingdomEurope(excluding)UnitedKingdom)UnitedStates ofAmericaAsia(excludingGCCcountries)Restof theworldTotalUS$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000Specific impairment provision 239,928 7,195 8,680 - 13,362 18,547 287,712Collective impairment provision 74,412 533 1,506 - - 32 76,483TOTAL 314,340 7,728 10,186 - 13,362 18,579 364,195TABLE - 11 MOVEMENT IN IMPAIRMENT PROVISION FOR LOANS AND ADVANCESRETAIL CORPORATE TOTALSpecific Collective Total Specific Collective Total Specific CollectiveUS$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000 US$ ’000Balance at 1 January 2009 103,878 27,952 131,830 129,926 28,493 158,419 233,804 56,445Amounts written off during theyear (14,907) - (14,907) (149,237) - (149,237) (164,144) -Net charge (release) for the year 31,383 (2,463) 28,920 156,949 35,241 192,190 188,332 32,778Interest suspended during theyear (net) 4,702 - 4,702 15,387 - 15,387 20,089 -Exchange rate adjustments /other movements (11,179) (835) (12,014) 20,810 (11,905) 8,905 9,631 (12,740)113,877 24,654 138,531 173,835 51,829 225,664 287,712 76,483AUB Annual Report 2009115

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