Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)63 Risk Management (continued)(1) Credit risk (continued)(b) Distribution of loans and advances to customers in terms of credit quality is analysed as follows:GroupBankNote 2012 2011 2012 2011Individually assessed and impaired gross amount 68,627 65,625 68,452 65,490Allowances for impairment losses (45,814) (38,109) (45,678) (38,020)Subtotal 22,813 27,516 22,774 27,470Collectively assessed and impaired gross amount 5,991 5,290 5,895 5,178Allowances for impairment losses (3,909) (3,276) (3,899) (3,265)Subtotal 2,082 2,014 1,996 1,913Overdue but not impaired– not more than 90 days 15,846 14,567 15,405 14,209Allowances for impairment losses (i) (1,778) (696) (1,769) (696)Subtotal 14,068 13,871 13,636 13,513Neither overdue nor impaired– Unsecured loans 2,075,020 1,739,648 2,013,991 1,703,090– Guaranteed loans 1,414,006 1,308,879 1,370,632 1,265,752– Loans secured by tangible assets other than monetary assets 3,129,967 2,737,839 3,071,845 2,688,465– Loans secured by monetary assets 802,855 624,563 797,184 617,362Gross amount 7,421,848 6,410,929 7,253,652 6,274,669Allowances for impairment losses (i) (150,932) (129,136) (149,741) (128,202)Subtotal 7,270,916 6,281,793 7,103,911 6,146,467Total 7,309,879 6,325,194 7,142,317 6,189,363(i)The balances represent collectively assessed allowances of impairment losses.China Construction Bank Corporation annual report 2012171