Annual report 2011 - VTB

VTB BankNotes to the Consolidated Financial Statements – 31 December 2011 and 2010(in billions of Russian Roubles)9. Financial Assets Pledged under Repurchase Agreements and Loaned Financial Assets31 December201131 December2010Financial assets at fair value through profit or lossFinancial assets held for tradingBonds of Russian companies and banks 2.4 6.1Russian Federal loan bonds (OFZ) 0.9 –Equity securities 0.1 1.2Bonds of foreign companies and banks – 0.1Bonds of foreign governments – 0.1Total Financial assets held for trading 3.4 7.5Financial assets designated as at fair value through profit or lossEurobonds of Russian companies and banks 2.9 1.2Bonds of foreign companies and banks 0.8 0.7Bonds of foreign governments 0.5 1.5Total Financial assets designated as at fair value through profit or loss 4.2 3.4Total Financial assets at fair value through profit or loss 7.6 10.9Financial assets available-for-saleBonds of Russian companies and banks 1.3 1.7Bonds of foreign governments 0.6 3.0Russian Federal loan bonds (OFZ) 0.4 –Total Financial assets available-for-sale 2.3 4.7Financial assets classified as loans and advances to customers 188.3 –Financial assets classified as due from other banks 0.4 1.3Total financial assets pledged under repurchase agreements and loanedfinancial assets 198.6 16.9As at 31 December 2011 bonds of Russian companies and banks included in the above table are mostly representedby debt securities issued by Russian oil and gas companies, transportation, telecommunication companies andbanks.As at 31 December 2011 financial assets classified as loans and advances to customers pledged under repurchaseagreements are mostly represented by federal loan bonds with debt amortization (OFZ-AD) with the carrying amountof RUR 175.5 billion which were purchased by “Bank of Moscow”, OJSC in September 2011 from proceeds of loanfrom DIA (Note 22).10. Due from Other Banks31 December201131 December2010Russia 171.8 176.6OECD 204.6 163.1Other countries 50.8 13.1Total gross due from other banks 427.2 352.8Less: Allowance for impairment (Note 32) (2.6) (2.9)Total due from other banks 424.6 349.9As at 31 December 2011, reverse sale and repurchase agreements with other banks amounted to RUR 78.9 billion(31 December 2010: RUR 64.8 billion). These reverse sale and repurchase agreements with other banks werecollateralized by securities with fair value of RUR 82.0 billion (31 December 2010: RUR 70.2 billion).As at 31 December 2011, amount included in due from other banks of RUR 0.5 billion is pledged against issued localmortgage-backed bonds (31 December 2010: RUR 1.5 billion).28