notes to the consolidated financial statements - Sacombank

NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
For the year ended 31 December 2011
(iv) This amount represents a security deposit in gold at another bank for deposits from this bank.
(v) Included in other assets is VND191,566 million (As at 31 December 2010: VND55,513 million) of collateral assets
which will be used to compensate for bad debts. Ownership of these assets has been transferred to the Bank
15.1 Construction in progress and purchase of fixed assets
121 ANNUAL REPORT 2011
31.12.2011 31.12.2010
Million VND Million VND
At 1 January 1,153,791 922,974
Additions 1,932,399 1,364,971
Transfer to fixed assets (Note 13 and Note 14) (1,323,968) (1,054,221)
Other transfers (184,645) (79,933)
Decrease due to disposal of a subsidiary (Note 11(i)) (10,544) -
At 31 December 1,567,033 1,153,791
16 DUE TO GOVERNMENT AND BORROWINGS FROM THE STATE BANK OF VIETNAM
31.12.2011 31.12.2010
Million VND Million VND
Borrowings by means of discounting, rediscounting valuable papers (Note 10) 2,129,609 4,688,801
17 DEPOSITS AND BORROWINGS FROM OTHER CREDIT INSTITUTIONS
Denominated in
VND
31 December 2011
Form B 05/TCTD - HN
Denominated
in foreign
currencies and
gold Total
Million VND Million VND Million VND
Deposits from other credit institutions
Demand deposits 391,283 10,188 401,471
Term deposits 4,289,000 1,969,304 6,258,304
4,680,283 1,979,492 6,659,775
Borrowings from other credit institutions 800,000 5,363,814 6,163,814
5,480,283 7,343,306 12,823,589