Annual Report: - Gorenjska banka

c) Loans and receivables past due and group impaired
As at December 2011
Loans to individual clients Loans to corporates
and other entities
Total
(in thousands of EUR Overdrafts Housing Consumer Loans to Loans to
loans loans corporates SME
Past due up to 30 days - 32 116 20,010 71 20,228
Past due 30 – 90 days - 7 24 3,244 108 3,383
Past due over 90 days 355 104 1,598 19,637 6,253 27,947
Gross 355 144 1,738 42,890 6,432 51,559
Less: allowance for impairment (355) (107) (1,608) (1,815) (1,535) (5,420)
Net - 37 130 41,075 4,897 46,139
Fair value of collateral - 40 138 21,888 4,768 26,834
As at December 2010
Loans to individual clients Loans to corporates
and other entities
Total
(in thousands of EUR Overdrafts Housing Consumer Loans to Loans to
loans loans corporates SME
Past due up to 30 days 65 21 72 22 20 200
Past due 30 – 90 days 17 14 94 60 1,106 1,291
Past due over 90 days 325 - 1,561 5,163 195 7,244
Gross 407 35 1,727 5,245 1,321 8,735
Less: allowance for impairment (407) (2) (1,576) (33) (675) (2,693)
Net - 33 151 5,212 646 6,042
Fair value of collateral 10 35 240 8,038 4,409 12,732
The amount of the loans past due has increased in 2011 to 16.6% of all loans (2010: 11.0%).
The amount of past due and individually not impaired assets was as of 31 December 2011 EUR
51,559 thousand (31 December 2010: EUR 8,735 thousand). These assets were impaired through the
process of group impairment. The bank has assessed the recoverable amount of these exposures
and has estimated that the proceeds from collateral shall be adequate to cover the net amount of
outstanding loans and therefore no individual impairment was needed.
78
Gorenjska banka, d. d., Kranj
Annual Report 2011
Financial Report