Annual Report: - Gorenjska banka

5. – 16. Notes to the income statement
99
Gorenjska banka, d. d., Kranj
Annual Report 2011
Financial Report
In thousands of EUR
2011 2010
5. Net interest income
Interest and similar income
Cash and balances with central banks 269 208
Financial assets held for trading 1,855 1,923
Financial assets designated at fair value through profit or loss 18 18
Available-for-sale financial assets 16,689 18,722
Held-to-maturity investments 4,262 5,422
Loans and receivables to banks 338 212
Loans and receivables to customers 64,223 68,425
Other 63 96
Interest expense and similar charges
87,717 95,026
Deposits from banks 47 -
Due to customers 26,531 22,062
Borrowings from banks 8,075 6,881
Borrowings from customers 376 42
35,029 28,985
Net interest income 52,688 66,041
Interest income includes EUR 3,149 thousand (2010: EUR 3,546 thousand) of interes income accrued on impaired
financial assets.
Due to the decreasing credit rating of clients and therefore lower probability of recovery of the interest, the Bank has
suspended interest in the amount of EUR 15.197 thousand. The major part thereof, EUR 12.050 thousand, represents
claims to the clients that have started with insolvency procedures or the bank has started legal proceeding against
clients.
6. Dividend income
Financial assets held for trading 1,143 1,210
Available-for-sale financial assets 765 1
7. Net fee and commission income
Fee and commission income
1,908 1,211
Credit related fees and commissions 1,102 1,084
Payment system related commissions 4,530 4,100
Cards related fees and commissions 2,046 2,196
Assets management and related commissions 3,514 3,729
Other fees and commissions 365 233
Fee and commission expense
11,557 11,342
Brokerage fees paid 191 217
Other banks services fees paid 875 632
Payment system fees paid 3 20
Other fees and commissions - 8
1,069 877
Net fee and commission income 10,488 10,465