Note 7 – Write-downs for loss on loans and guarantees

Parent bank            
  31 Dec 2015  31 Dec 2014
Individual write-downs (NOKm) RM CM Total RM CM Total
Individual write-downs to cover loss on loans and guarantees at 1.1* 25 139 164 28 122 150
- Actual losses during the period for which provisions for individual impairment losses have been made previously 7 58 65 10 41 51
- Reversal of provisions from previous periods 2 40 43 6 13 19
+ Increased write-downs on provisions previously written down 1 21 22 1 0 2
+ Write-downs on provisions not previously written down 10 86 96 11 72 83
Individual write-downs to cover loss and guarantees 27 148 174 25 139 164
*) Individually assessed impairment write-downs on guarantees, totalling NOK 1.4m, are shown in the balance sheet as a liability under 'Other liabilities'        
             
  31 Dec 2015 31 Dec 2014
Collective write-downs (NOKm) RM CM Total RM CM Total
Collective write-downs to cover loss on loans, guarantees at 01.01 90 188 278 90 188 278
Period's collective write-downs to cover loss on loans, guarantees etc - 80 80  -  - -
Collective write-downs to cover loss on loans and guarantees 90 268 358 90 188 278

 

Group            
  31 Dec 2015 31 Dec 2014
Individual write-downs (NOKm) RM CM Total RM CM Total
Individual write-downs to cover loss on loans and guarantees at 1.1* 27 145 172 36 137 173
- Actual losses during the period for which provisions for individual impairment losses have been made previously 8 59 67 14 51 66
- Reversal of provisions from previous periods 3 42 46 7 15 22
+ Increased write-downs on provisions previously written down 1 21 22 1 1 2
+ Write-downs on provisions not previously written down 13 88 101 11 73 84
Individual write-downs to cover loss and guarantees 30 153 183 27 145 172
*) Individually assessed impairment write-downs on guarantees, totalling NOK 1.4m, are shown in the balance sheet as a liability under 'Other liabilities'        
             
  31 Dec 2015 31 Dec 2014
Collective write-downs (NOKm) RM CM Total RM CM Total
Collective write-downs to cover loss on loans, guarantees at 1.1 94 201 295 94 201 295
Period's collective write-downs to cover loss on loans, guarantees etc 2 80 82  -  - -
Collective write-downs to cover loss on loans and guarantees  96 281 376 94 201 295
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