Annual Report 2015
97
4 ADVANCES
(continued)
b) Allowance for impairment losses
(continued)
ii) Reconciliation of the allowance for impairment losses for loans and advances by class
(continued)
2014
Commercial
Retail and Corporate
lending
lending
Mortgages
Total
Balance brought forward
66,530
211,320
75,248
353,098
Translation adjustment
(495)
(1,497)
(363)
(2,355)
Charge-offs and write-offs
(34,977)
(40,116)
(4,128)
(79,221)
Loan impairment expense
65,221
135,658
33,256
234,135
Loan impairment recoveries
(22,448)
(64,524)
(27,280)
(114,252)
Balance carried forward
73,831
240,841
76,733
391,405
Individual impairment
53,297
210,063
64,152
327,512
Collective impairment
20,534
30,778
12,581
63,893
73,831
240,841
76,733
391,405
Gross amount of loans individually determined to
be impaired, before deducting any allowance 111,145
539,633
322,833
973,611
c) Net investment in leased assets included in net advances
2015
2014
Gross investment
266,822
284,647
Unearned finance charge
(50,514)
(52,037)
216,308
232,610
Allowance for impairment loss
–
(186)
Net investment in leased assets
216,308
232,424
