Annual report 2011 - VTB

VTB BankNotes to the Consolidated Financial Statements – 31 December 2011 and 2010(in billions of Russian Roubles)38. Financial Risk Management (continued)Geographical concentrationGeographical concentration information is based on geographical location of the Group’s counterparts. As at31 December 2011 the geographical concentration of the Group’s assets and liabilities is set out below:RussiaOECDOthercountriesAssetsCash and short-term funds 307.7 80.5 18.8 407.0Mandatory cash balances with central banks 58.3 2.5 11.1 71.9Financial assets at fair value through profit orloss 461.6 68.5 41.4 571.5Financial assets pledged under repurchaseagreements and loaned financial assets 196.6 0.2 1.8 198.6Due from other banks 170.0 204.6 50.0 424.6Loans and advances to customers 3,112.4 164.4 1,024.8 4,301.6Assets of disposal group held for sale – – 10.3 10.3Financial assets available-for-sale 142.2 11.7 13.8 167.7Investments in associates and joint ventures 26.5 1.5 4.5 32.5Investment securities held-to-maturity 31.9 – 0.5 32.4Premises and equipment 103.2 3.1 10.5 116.8Investment property 118.6 – 3.9 122.5Intangible assets 139.6 0.6 1.0 141.2Deferred tax asset 32.6 3.2 6.9 42.7Other assets 127.0 7.3 14.0 148.3Total assets 5,028.2 548.1 1,213.3 6,789.6LiabilitiesDue to other banks 440.3 164.5 94.9 699.7Customer deposits 3,331.8 78.1 186.8 3,596.7Liabilities of disposal group held for sale – – 8.5 8.5Other borrowed funds 570.5 152.0 12.1 734.6Debt securities issued 299.5 358.0 7.0 664.5Deferred tax liability 9.1 – 0.9 10.0Other liabilities 100.4 103.5 5.5 209.4Subordinated debt 207.0 34.1 – 241.1Total liabilities 4,958.6 890.2 315.7 6,164.5Net balance sheet position 69.6 (342.1) 897.6 625.1Net off-balance sheet position – Credit RelatedCommitments 537.2 23.9 63.9 625.0Total73