Annual Financial Statements 2011 of Bank Austria

Consolidated Financial Statements in accordance with IFRSs
E – Risk report (CoNTINuED)
Breakdown of sovereign debt securities by portfolio (€ m)
held fOr tradiNg
(Net expOsures)
fiNaNcial assets at
fair Value
31 dec. 2011
aVailable-fOr-sale
fiNaNcial assets lOaNs
held-tO-maturity
iNVestmeNts tOtal
Book value of sovereign
portfolio 844 10 9,580 32 2,821 13,286
Total portfolio of debt securities 926 92 13,789 7,159 3,498 25,464
% Portfolio 91.16% 10.43% 69.48% 0.45% 80.65% 52.18%
Sovereign exposures are bonds issued by and loans given to central banks, governments and other public sector entities. ABSs are not included.
Breakdown of sovereign loans by country (€ m)
31 dec. 2011
cOuNtry bOOK Value
Austria 6,256
Croatia 1,882
Indonesia 599
Slovenia 289
Hungary 257
Serbia 191
Romania 122
Philippines 120
Bosnia 116
Turkey *) 96
Others 349
tOtal ON-balaNce sheet expOsure 10,276
*) Amounts recognised using proportionate consolidation with reference to the ownership percentage for exposures held by joint ventures.
Sovereign exposures are loans granted to central banks, governments and other public sector entities.
E.6 – Credit risk
Breakdown of financial assets by portfolio and credit quality (carrying value) (€ m)
baNKiNg grOup Other cOmpaNies
NONperfOrmiNg
dOubtful restructured
Other
pOrtfOliO/quality
lOaNs assets expOsures past-due assets impaired Other tOtal
Financial assets held for trading 1 7 – – 3,296 – 4 3,307
Available-for-sale financial assets – 66 – 13 13,163 – 546 13,789
Held-to-maturity financial instruments – 69 – – 3,429 – – 3,498
Loans and receivables with banks 4 5 – – 25,585 – 27 25,621
Loans and receivables with customers 2,820 3,066 1,246 436 127,276 – 71 134,914
Financial assets at fair value through profit or loss – – – – 92 – – 92
Financial instruments classified as held for sale – – – – – – – –
Hedging instruments – – – – 3,466 – – 3,466
tOtal 31 december 2011 2,824 3,213 1,246 450 176,307 – 647 184,687
Impaired loans are divided into the following categories:
• Non-performing loans – formally impaired loans, being exposure to insolvent borrowers, even if the insolvency has not been recognised in a court of law, or borrowers in a similar situation.
Measurement is on a loan-by-loan or portfolio basis.
• Doubtful loans – exposure to borrowers experiencing temporary difficulties, which the Group believes may be overcome within a reasonable period of time. Doubtful loans are valued on
a loan-by-loan basis or portfolio basis.
• Restructured loans – exposure to borrowers with whom a rescheduling agreement has been entered into including renegotiated pricing at interest rates below market, the conversion of
loans/reduction of principal etc.; measurement is on a loan-by-loan basis or portfolio basis.
• Past-due loans – total exposure to any borrower not included in the other categories, who at the balance-sheet date has expired facilities or unauthorised overdrafts that are more than
90 days past due.
Bank Austria · Annual Financial Statements 2011
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