notes to the consolidated financial statements - Sacombank

15 OTHER ASSETS
31.12.2011
Million VND
31.12.2010
Million VND
Construction in progress and purchase of fixed assets (Note 15.1) 1,567,033 1,153,791
Accrued interest income 2,237,418 1,795,941
Receivable to the State Budget (i) 99,730 92,942
Advances for office rental (Note 41) 31,087 55,159
Receivables from customers (ii) 2,024,999 1,161,897
Advances and internal receivables 173,155 49,630
Deferred expenses 590,833 555,026
Dividends receivable - 35,645
Advance for a service agreement (iii) 438,000 -
Deferred tax assets (Note 37.1) - 9,376
Other gold consigned - 33,087
Gold consigned at another bank (iv) 816,000 -
Other assets (v) 384,228 675,016
8,362,483 5,617,510
31.12.2011
Million VND
31.12.2010
Million VND
Financial assets 5,647,042 3,532,532
Other assets 2,715,441 2,084,978
8,362,483 5,617,510
(i) Included in receivables from the State Budget is VND57,825 million (2010:VND75,839 million) of interest receivable
arising from the interest subsidy programs of the Government.
(i) Included in receivables from customers is VND412,939 million (As at 31 December 2010: VND256,111 million)
of collateral assets which will be used to compensate for bad debts. The Bank is in legal procedure to transfer
ownership of these assets to the Bank or in process to realise these assets for recovery.
Included in receivables from customers is VND290,223 million of receivable from two individuals in relation to the
sale of 48.13 million shares of Sacombank Securities Company on 11 November 2011. The exposure is secured
and will be due in five months from the selling date. (See Note 11(i)).
Included in receivables from customers is VND381,179 million of receivable from one individual in relation to the
sale of debts with recourse. The exposure will be due in one year from the selling date.
Included in receivables from customers is VND170,354 million (As at 31 December 2010: VND185,738 million) of
receivable from related parties
(iii) This amount represents advances to Sacombank Securities Company in relation to a brokerage contract for
purchasing Government bonds.
ANNUAL REPORT 2011 120