DBS BANK CHINA LIMITED NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2012 All amounts expressed in Rmb unless otherwise stated
[English translation for reference only]
50
48 FINANCIAL RISK MANAGEMENT continued
48.2 Credit risk continued E
Placements with other banks 31 December 2012
31 December 2011
Neither past due nor impaired 11,457,103,074
11,365,617,965 Total
11,457,103,074 11,365,617,965
Less:allowance for impairment losses -
- Placements with other banks, net
11,457,103,074 11,365,617,965
F Loans and advances
31 December 2012 31 December 2011
Neither past due nor impaired 46,754,273,690
39,539,686,218 Past due but not impaired
312,688,283 271,040,623
Impaired 291,259,297
243,337,694
Total 47,358,221,270
40,054,064,535 Less:allowance for impairment losses
506,411,104 398,200,975
Net 46,851,810,166
39,655,863,560 The total allowance for impairment of loans and advances amounted to Rmb 506 million
31 December 2011: Rmb 398 million, of which Rmb 172 million 31 December 2011: Rmb 104 million represents the individually assessed impairment allowance and the remaining
amount of Rmb 334 million 31 December 2011: Rmb 294 million represents the collectively assessed impairment allowance.
F.1 Loans and advances neither past due nor impaired
The credit quality of the portfolio of loans and advances that were neither past due nor impaired can be assessed by reference to the five rating classification system adopted by
the Bank.
Corporate loans
Retail loans
Total 31 December 2012
Pass 41,476,639,848 5,250,527,064
46,727,166,912 Special mention
17,696,667 9,410,111
27,106,778 41,494,336,515 5,259,937,175
46,754,273,690
31 December 2011
Pass 34,151,660,616 5,328,027,556
39,479,688,172 Special mention
53,975,888 6,022,158
59,998,046 34,205,636,504 5,334,049,714
39,539,686,218
DBS BANK CHINA LIMITED NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2012 All amounts expressed in Rmb unless otherwise stated
[English translation for reference only]
51
48 FINANCIAL RISK MANAGEMENT continued
48.2 Credit risk continued F
Loans and advances continued
F.2 Loans and advances past due but not impaired
At the inception of loans, the Bank will appoint independent valuers to determine the fair value of collateral. The Bank will review the latest value of collateral when there is objective
evidence of impairment of loan.
The breakdown by overdue period is as follows:
Past due up to 30 days
Past due 30-60 days
Past due 60-90 days
Past due over 90 days
Total 31 December 2012
Corporate loans 63,596,045
5,963,138 29,705,487 -
99,264,670 Retail loans
164,844,345 38,650,173
8,875,595 1,053,500 213,423,613
Total 228,440,390
44,613,311 38,581,082 1,053,500 312,688,283
31 December 2011
Corporate loans 94,028,375
4,482,710 5,131,690
- 103,642,775 Retail loans
149,907,805 17,490,043
- - 167,397,848
Total 243,936,180
21,972,753 5,131,690
- 271,040,623 As of 31 December 2012, the aggregated fair value of collateral held to support the above
corporate loans amounted to Rmb 409 million and that of retail loans amounted to Rmb 748 million 31 December 2011: Rmb 402 million and Rmb 354 million.
F.3 Loans and advances individually impaired
31 December 2012 31 December 2011
Corporate loans 244,500,207
194,879,637 Retail loans
46,759,090 48,458,057
291,259,297 243,337,694
As of 31 December 2012, the aggregated fair value of collateral held to support the above corporate loans amounted to Rmb 98 million and that of retail loans amounted to Rmb 122
million 31 December 2011: Rmb 132 million and 125 million.
DBS BANK CHINA LIMITED NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2012 All amounts expressed in Rmb unless otherwise stated
[English translation for reference only]
52
48 FINANCIAL RISK MANAGEMENT continued
48.2 Credit risk continued F
