Table of contents

30 June 2016
Neither past
due nor
specifically
impaired
Past due
specifically.
impaired
Total gross
advances to
customers
Less:
Impairment
Net advances
to customers
30 June 2016
€ € € € €
Botswana loan book 5 591 715 1 274 727 6 866 442 (638 774) 6 227 668
Malawi loan book 3 322 387 1 044 733 4 367 120 (360 244) 4 006 876
Zimbabwe loan book 8 701 191 1 332 274 10 033 465 (841 416) 9 192 049
Kenya loan book 2 925 923 2 931 661 5 857 584 (1 477 215) 4 380 369
Zambia loan book 5 903 766 1 500 634 7 404 400 (601 604) 6 802 796
Spain loan book 127 189 4 025 379 4 152 568 (2 946 947) 1 205 621
Other subsidiary loan books 705 557 762 470 1 468 027 (339 788) 1 128 239
South Africa loan book 5 375 110 7 184 680 12 559 790 (4 302 462) 8 257 328
Total loan book 32 652 838 20 056 558 52 709 396 (11 508 450) 41 200 946
30 June 2015
Neither past
due nor
specifically
impaired
Past due
specifically
impaired
Total gross
advances to
customers
Less:
Impairment
Net advances
to customers
30 June 2015
€ € € € €
Botswana loan book 5 145 491 1 479 273 6 624 764 (1 059 839) 5 564 925
Malawi loan book 3 929 111 1 321 324 5 250 435 (217 569) 5 032 866
Zimbabwe loan book 7 502 456 682 845 8 185 301 (389 116) 7 796 185
Kenya loan book 3 400 359 2 271 043 5 671 402 (1 310 608) 4 360 794
Zambia loan book 1 756 239 104 015 1 860 254 (38 743) 1 821 511
Spain loan book 476 296 1 274 505 1 750 801 (609 785) 1 141 016
Other subsidiary loan books 526 860 58 227 585 087 (77 586) 507 501
South Africa loan book 8 470 719 3 396 381 11 867 100 (1 892 771) 9 974 329
Total loan book 31 207 531 10 587 613 41 795 144 (5 596 017) 36 199 127
The loan book impairments have increased by 106% from the prior to current year, while the gross loan book has increased
by 26% from prior to current year. As the impairment percentage has increased from 13% as a percentage of the gross loan
book in 2015 to 22% in 2016, the credit quality of the loan book has decreased.
Credit risk impacts
The table below lists risks raised in this note, along with the anticipated impact on profit or loss should the risks crystallise.
Effects of increase in emergence period by 1 month 2016
€
2015
€
Increase in Botswana provision 24 755 29 774
Increase in Malawi provision 2 975 4 485
Increase in Zimbabwe provision 276 18 825
Increase in Kenya provision 4 564 29 838
Increase in Zambia provision 21 588 914
Increase in Spain provision 5 981 25 990
Increase in Other provision 13 317 1 608
Increase in South African provision 87 280 578 188
Effects of increase in loss ratio by % of portfolio
provision
160 736 689 622
2016
€
2015
€
Increase in Botswana provision - 5% 168 731 53 933
Increase in Malawi provision - 5% 39 914 11 392
Increase in Zimbabwe provision - 5% 25 773 20 083
Increase in Kenya provision - 5% 50 157 68 096
Increase in Zambia provision - 5% 312 982 8 118
Increase in Spain provision - 5% 205 172 15 726
Increase in Other provision - 5% 14 969 8 487
Increase in South African provision - 1% 119 265 118 302
936 963 304 137
A 1% increase is applied in the South African Group as the South African provisioning methodology differs to that of the rest
of the major entities within the Group, which are based on a deduction at source lending model. The South African lending
model is more sensitive to fluctuations since it primarily uses a direct lending model.
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MyBucks Annual Report 2016 102
103 MyBucks Annual Report 2016