Tomato Specialized Bank

TOMATO SPECIALIZED BANK (formerly known as Best Specialized bank)NOTES TO THE FINANCIAL STATEMENTSFOR THE YEAR ENDED 31 DECEMBER 201024. Financial risk management (continued)24.4 Liquidity risk (continued)As at 31 December 2010Up to 1No fixedmonth 1-3 months 3-6 months 6-12 months 1 to 5 years Over 5 years maturity date TotalUSD USD USD USD USD USD USD USDFinancial assetsCash in hand 8,096 - - - - - - 8,096Deposits and placements with banks 2,111,912 - - - - - - 2,111,912Balances with central bank 19,477 - - - - - - 19,477Statutory deposits with central bank - - - - - - 415,000 415,000Loans and advances to customers:- Performing 24,000 190,100 720,145 233,000 4,052,073 113,000 - 5,332,318- Non-performing 7,010 - - 7,010- Specific provisions - - - - - - (6,055) (6,055)- General provisions - - - - - - (51,772) (51,772)Other assets 46,607 2,902 4,367 30,813 5,200 - 2,150 92,039Total financial assets 2,210,092 193,002 724,512 263,813 4,064,283 113,000 359,323 7,928,025Financial liabilitiesAdvance from non-bank customers 20,871 - - - - - - 20,871Borrowing fund - - - - 400,000 - - 400,000Other liabilities 12,018 22,659 5,500 - - - 234 40,411Provision for income tax 885 - - - - - - 885Total financial liabilities 33,774 22,659 5,500 - 400,000 - 234 462,176Net position 2010 (USD) 2,176,318 170,343 719,012 263,813 3,664,283 113,000 359,089 7,465,858As at 31 December 2009Total financial assets 897,622 376,274 452,056 242,046 2,522,546 - 224,529 4,715,073Total financial liabilities 42,622 5,340 8,995 - 400,000 - - 456,957Net position 2009 (USD) 855,000 370,934 443,061 242,046 2,122,546 - 224,529 4,258,11641