Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)6 Net interest income2012 2011Interest income arising from:Deposits with central banks 34,694 31,282Deposits with banks and non-bank financial institutions 17,664 4,302Placements with banks and non-bank financial institutions 3,196 1,539Financial assets at fair value through profit or loss 825 577Financial assets held under resale agreements 5,552 7,888Investment securities 99,619 89,139Loans and advances to customers– Corporate loans and advances 318,950 255,718– Personal loans and advances 114,041 84,302– Discounted bills 8,700 7,500Total 603,241 482,247Interest expense arising from:Borrowings from central banks (21) (17)Deposits from banks and non-bank financial institutions (28,867) (17,990)Placements from banks and non-bank financial institutions (2,941) (2,474)Financial liabilities at fair value through profit or loss (1) (2)Financial assets sold under repurchase agreements (2,254) (1,233)Debt securities issued (7,364) (3,987)Deposits from customers– Corporate deposits (102,804) (77,086)– Personal deposits (105,787) (74,886)Total (250,039) (177,675)Net interest income 353,202 304,572Notes:(1) Interest income from impaired financial assets is listed as follows:2012 2011Impaired loans and advances 1,612 1,413Other impaired financial assets 377 423Total 1,989 1,836(2) Interest expense on financial liabilities with maturity over five years mainly represented the interest expense on debt securities issued.China Construction Bank Corporation annual report 2012115