notes to the consolidated financial statements - Sacombank

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2011
9.2 General provision for losses on loans, advances and finance leases to customers
115 ANNUAL REPORT 2011
2011 2010
Million VND Million VND
At 1 January 601,682 412,930
Charge for the year 23,241 188,752
Utilisation during the year (803) -
At 31 December 624,120 601,682
10 INVESTMENT SECURITIES
10.1 Available-for-sale securities
31.12.2011 31.12.2010
Million VND Million VND
Debt securities
Government debt securities (i) 7,180,072 3,842,042
Debt securities issued by other local credit institutions (i) 12,927,090 11,509,286
Debt securities issued by local corporations (ii) 3,904,987 3,649,922
24,012,149 19,001,250
Equity securities
Equity securities issued by other local credit institutions 34,860 -
Equity securities issued by local corporations 117,292 529,642
152,152 529,642
Total available-for-sale securities 24,164,301 19,530,892
Less: provision for diminution in value of available-for-sale securities (28,248) (13,065)
24,136,053 19,517,827
Provision for diminution in value of available-for-sale securities:
Form B 05/TCTD - HN
2011 2010
Million VND Million VND
At 1 January 13,065 35,519
Additional/(reversal) during the year (Note 32) 18,246 (22,454)
Decrease due to disposal of a subsidiary (Note 11(i)) (3,063)
At 31 December 28,248 13,065
(i) Included in Government debt securities and debt securities issued by other local credit institutions are
VND1,756,305 million (As at 31 December 2010: VND3,079,826million) and VND3,045,801 million (As at 31
December 2010: VND1,632,240 million), respectively which are currently pledged at the State Bank of Vietnam (Note 16).