Annual Financial Statements 2011 of Bank Austria

Consolidated Financial Statements in accordance with IFRSs
E – Risk report (CoNTINuED)
On-balance sheet exposure to customers: gross change in impaired exposures (€ m)
sOurce/categOries
chaNges iN 2011
NON-perfOrmiNg
lOaNs dOubtful assets
restructured
expOsures past-due expOsures
Opening balance – gross exposure 6,357 5,207 710 242
Sold but not derecognised – – – –
increases 2,940 3,482 1,929 1,085
Transfers from performing loans 714 1,940 480 366
Transfers from other impaired exposure 1,636 676 399 20
Other increases 589 866 1,050 698
reductions –1,773 –3,664 –775 –726
Transfers to performing loans –62 –173 –59 –135
Derecognised items –328 – 94 –17 –2
Recoveries –272 –226 –191 –48
Sales proceeds –51 –113 –11 –28
Transfers to other impaired exposure –232 –1,697 –403 –399
Other reductions –828 –1,361 – 94 –115
closing balance – gross exposure 7,523 5,025 1,864 600
Sold but not derecognised – – – –
On-balance sheet exposure to customers: changes in overall impairment (€ m)
sOurce/categOries
NON-perfOrmiNg
lOaNs dOubtful assets
restructured
expOsures past-due expOsures
total opening write-downs 3,978 1,606 434 28
Sold but not derecognised – – – –
increases 2,060 1,543 394 292
Write-downs 1,040 1,062 138 135
Transfers from other impaired exposure 804 186 136 11
Other increases 217 296 121 145
reductions –1,335 –1,325 –210 –169
Write-backs from assessments –148 –108 –10 –20
Write-backs from recoveries –182 –89 –22 –23
Write-offs –328 – 94 –17 –2
Transfers to other impaired exposure –111 –766 –144 –115
Other reductions –566 –268 –18 –9
final gross write-downs 4,703 1,824 618 151
Sold but not derecognised – – – –
Banking group – On-balance sheet and off-balance sheet credit exposure by external rating class (book values) (€ m)
exterNal ratiNg classes
balaNce at 31 dec. 2011
class 1 class 2 class 3 class 4 class 5 class 6
NO ratiNg tOtal
On-balance sheet exposures 29,231 13,995 30,953 23,515 6,729 8,755 65,655 178,832
derivative contracts
Financial derivative contracts 3,922 13,699 803 356 82 287 7,030 26,179
Credit derivatives contracts – – – – – – 3 4
guarantees given 961 1,027 3,754 1,833 364 362 11,087 19,388
Other commitments to disburse funds 534 2,054 1,398 976 110 198 24,943 30,212
tOtal 34,649 30,775 36,908 26,680 7,284 9,602 108,718 254,616
Class 1 (AAA/AA–), 2 (A+/A–), 3 (BBB+/BBB–), 4 (BB+/BB–), 5 (B+/B–), 6 (impaired exposures are included in class 6)
40% of rated counterparties were investment grade (from class 1 to 3),
43% of customers were not rated due to the considerable share of customers in the segment comprising private individuals and SMEs.
Bank Austria · Annual Financial Statements 2011
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