Annual Report 2012

Notes to the financial statements(Expressed in millions of RMB, unless otherwise stated)63 Risk Management (continued)(3) Liquidity risk (continued)(b) Contractual undiscounted cash flowThe following tables provide an analysis of the contractual undiscounted cash flow of the non-derivative financial liabilities andoff-balance sheet credit commitments of the Group and the Bank as at the end of the reporting period. The Group’s and theBank’s expected cash flows on these instruments may vary significantly from this analysis.GroupCarryingamountGross cashoutflowRepayableon demandWithinone month2012Betweenonemonthand threemonthsBetweenthreemonthsand oneyearBetweenoneyearand fiveyearsMore thanfive yearsNon-derivative financial liabilitiesBorrowings from central banks 6,281 6,300 – 1,691 2,433 2,176 – –Deposits and placements from banks andnon-bank financial institutions 1,097,743 1,109,936 431,462 484,962 63,808 118,462 11,242 –Financial liabilities at fair value throughprofit or loss 37,251 37,346 20,000 9,424 6,300 1,622 – –Financial assets sold under repurchaseagreements 2,360 2,368 – 1,783 413 172 – –Deposits from customers 11,343,079 11,642,843 5,892,287 1,048,580 1,061,124 2,422,581 1,204,970 13,301Debt securities issued– Certificates of deposit issued 101,223 102,272 – 12,126 30,300 52,706 6,490 650– Bonds issued 1,934 2,093 – – – 62 2,031 –– Subordinated bonds issued 159,834 219,300 – – 1,504 5,972 49,756 162,068Other financial liabilities 64,411 64,411 63,006 185 147 567 – 506Total 12,814,116 13,186,869 6,406,755 1,558,751 1,166,029 2,604,320 1,274,489 176,525Off-balance sheet loan commitments andcredit card commitments (Note) 784,964 595,291 64,216 24,747 66,119 30,846 3,745Guarantees, acceptances andother credit commitments (Note) 1,231,335 – 272,506 238,663 422,979 234,378 62,809CarryingamountGross cashoutflowRepayableon demandWithinone month2011Betweenonemonthand threemonthsBetweenthreemonthsand oneyearBetweenoneyearand fiveyearsMore thanfive yearsNon-derivative financial liabilitiesBorrowings from central banks 2,220 2,220 2,220 – – – – –Deposits and placements from banks andnon-bank financial institutions 1,044,954 1,068,048 445,050 322,102 159,237 59,685 81,974 –Financial liabilities at fair value throughprofit or loss 33,656 33,684 12,682 8,476 3,192 9,305 – 29Financial assets sold under repurchaseagreements 10,461 10,615 – 2,480 7,175 960 – –Deposits from customers 9,987,450 10,201,224 5,400,418 851,975 915,887 2,217,601 802,755 12,588Debt securities issued– Certificates of deposit issued 48,451 49,133 – 7,261 10,859 20,655 9,432 926– Subordinated bonds issued 119,861 164,820 – – 1,504 3,976 42,488 116,852Other financial liabilities 52,449 52,449 48,745 140 160 2,896 – 508Total 11,299,502 11,582,193 5,909,115 1,192,434 1,098,014 2,315,078 936,649 130,903Off-balance sheet loan commitments andcredit card commitments (Note) 745,224 557,208 53,318 25,953 76,123 30,629 1,993Guarantees, acceptances andother credit commitments (Note) 1,236,725 – 251,994 258,931 403,962 226,551 95,287198 China Construction Bank Corporation annual report 2012