Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)18 Cash and deposits with central banksGroupBankNote 2012 2011 2012 2011Cash 72,653 58,308 72,393 58,061Deposits with central banks– Statutory deposit reserves (1) 2,140,099 1,982,150 2,138,410 1,980,915– Surplus deposit reserves (2) 231,318 324,568 218,474 319,734– Fiscal deposits 13,999 14,783 13,999 14,783Subtotal 2,385,416 2,321,501 2,370,883 2,315,432Total 2,458,069 2,379,809 2,443,276 2,373,493(1) The Group places statutory deposit reserves with the People’s Bank of China (“PBOC”) and overseas central banks where it has operations. The statutory deposit reserves are not available for use inthe Group’s daily business.As at the end of the reporting period, the statutory deposit reserve rates in Mainland China of the Bank were as follows:2012 2011Reserve rate for RMB deposits 20.0% 21.0%Reserve rate for foreign currency deposits 5.0% 5.0%The statutory RMB deposit reserve rates applicable to domestic subsidiaries of the Group are determined by the PBOC.The amounts of statutory deposit reserves placed with the central banks of overseas countries are determined by local jurisdictions.(2) The surplus deposit reserve maintained with the PBOC is mainly for the purpose of clearing.19 Deposits with banks and non-bank financial institutions(1) Analysed by type of counterpartiesGroupBank2012 2011 2012 2011Banks 583,014 274,228 581,716 277,427Non-bank financial institutions 2,891 2,533 2,829 2,443Gross balances 585,905 276,761 584,545 279,870Allowances for impairment losses (Note 37) (7) (9) (7) (9)Net balances 585,898 276,752 584,538 279,861(2) Analysed by geographical sectorsGroupBank2012 2011 2012 2011Mainland China 557,348 252,409 557,048 257,902Overseas 28,557 24,352 27,497 21,968Gross balances 585,905 276,761 584,545 279,870Allowances for impairment losses (Note 37) (7) (9) (7) (9)Net balances 585,898 276,752 584,538 279,861China Construction Bank Corporation annual report 2012123