Annual Report: - Gorenjska banka

106
Gorenjska banka, d. d., Kranj
Annual Report 2011
Financial Report
In thousands of EUR
2011 2010
21. Loans and receivables to banks
Items in course of collection from other banks 4,144 946
Loans and advances to other banks 21,250 9,717
25,394 10,663
In the year 2010 and in the year 2011 the Bank has not pledged any financial instruments. At the end of 2011, loans to
banks included EUR 19,252 thousand cash equivalents, i.e. loans with original maturity of less than 90 days of
acquisition date (in 2010, EUR 5,554 thousand).
22. Loans and receivables to customers
Individual clients:
Overdrafts 17,272 17,570
Housing loans 54,175 44,652
Consumer and other loans 50,992 51,585
Corporates and other entities:
Corporates 854,673 882,805
Small and medium enterprises (SME) 381,713 387,679
Gross loans and receivables 1,358,825 1,384,291
Less specific provisions for impairment (113,449) (102,175)
1,245,376 1,282,116
The amount of loans and receivables to customers is decreased by the amount of commission that is accounted for in
accordance with effective interest rate principle. As of 31 December 2011 the accrued received commission amounted
to EUR 1,082 thousand (2010: EUR 1,235 thousand).
Movements in provisions for impairment of loans to individual clients are as follows:
Individual clients
Overdrafts Consumer and Housing Total
other loans loans
Balance at 1 January 2010 558 2,466 370 3,394
Doubtful debts expense (Note 15) 570 599 399 1,568
Reversal of impairment due to loan recovery (Note 15) (544) (464) (270) (1,278)
Reversal of impairment due to writte-offs (Note 15) (5) (2) - (7)
Balance at 31 December 2010 579 2,599 499 3,677
Doubtful debts expense (Note 15) 455 646 510 1,611
Reversal of impairment due to loan recovery (Note 15) (442) (490) (352) (1,284)
Reversal of impairment due to writte-offs (Note 15) (67) (23) - (90)
Balance at 31 December 2011 525 2,732 657 3,914