Annual report 2009-OK.qxp - Canadia Bank Plc.

Canadia Bank Plc.7.LOANS AND ADVANCES TO CUSTOMERS - NET2009 2009 2008 2008US$ Million Riel US$ Million Rielequivalentequivalent(Note 2.1) (Note 2.1)Commercial loans:Short-term loans 172,399,141 718,732 140,652,557 574,003Overdrafts 84,358,566 351,691 98,594,541 402,364Long-term loans 37,412,480 155,972 82,876,071 338,217Micro-finance loans 141,493 590 116,364 476294,311,680 1,226,985 322,239,533 1,315,060Consumer loans:Mortgage loans 87,506,796 364,816 88,108,882 359,572Credit cards 1,062,496 4,430 1,089,667 4,447Leasing 2,224,256 9,273 683,447 2,78990,793,548 378,519 89,881,996 366,808Total gross loans 385,105,228 1,605,504 412,121,529 1,681,868Annual Report 200944Allowance for loan losses (23,101,677) (96,311) (20,708,846) (84,513)Unamortised loan commitment fees (1,416,152) (5,904) (810,485) (3,308)360,587,399 1,503,289 390,602,198 1,594,047(a) Allowance for loan lossesMovements in the allowance for loan losses are as follows:Specific Generalprovision provision TotalUS$ US$ US$Balance at 1 January 2009 20,708,846 - 20,708,846Charges for the year 5,194,114 3,259,167 8,453,281Recovery during the year (5,953,839) (75,941) (6,029,780)Amount written off (27,619) - (27,619)Exchange difference (3,051) - (3,051)Balance at 31 December 2009 19,918,451 3,183,226 23,101,677Million Riel equivalent (Note 2.1) 83,040 13,271 96,311Balance at 1 January 2008 13,176,166 - 13,176,166Charges for the year 13,593,843 - 13,593,843Recovery during the year (4,425,460) - (4,425,460)Amount written off (1,632,740) - (1,632,740)Exchange differences (2,963) - (2,963)Balance at 31 December 2008 20,708,846 - 20,708,846Million Riel equivalent (Note 2.1) 84,513 - 84,513