Note 7 - Losses

 

         
Parent Bank (NOKm) 1 January 19 Change in provision Net write-offs /recoveries  30 June 2019
Loans as amortised cost- CM 742 80 5 827
Loans as amortised cost- RM 45 15 4 63
Loans at fair value over OCI- RM 75 -12 - 63
Provision for expected credit losses on loans and guarantees  862 83 8 953
Presented as        
Provision for loan losses  697 110 8 815
Other debt- provisons 148 -27 - 121
Other comprehensive income - fair value adjustment  17 -0 - 16

 

         
Parent Bank (NOKm) 1 January 18 Change in provision Net write-offs/  recoveries  30 June 18
Loans as amortised cost- CM 1,017 33 14 1,063
Loans as amortised cost- RM 32 3 0 35
Loans at fair value over OCI- RM 65 3 -0 68
Provision for expected credit losses on loans and guarantees  1,114 39 13 1,166
Presented as        
Provision for loan losses  1,027  23  14  1,064
Other debt- provisons 68  17    85
Other comprehensive income- fair value adjustment  18  -1    17

 

Parent Bank (NOKm) 1 January 18 Change in provision Net write-offs/
recoveries 		 31 Dec 18
Loans as amortised cost- CM 1,017 125 -400 742
Loans as amortised cost- RM 32 28 -15 45
Loans at fair value over OCI- RM 65 10 - 75
Provision for expected credit losses on loans and guarantees  1,114 163 -415 862
Presented as        
Provision for loan losses  1,027 86 -415 697
Other debt- provisons 68 80 - 148
Other comprehensive income - fair value adjustment  18 -2 - 17

 

         
Group (NOKm) 1 January 19 Change in provision Net write-offs /recoveries  30 June 2019
Loans as amortised cost- CM 766 86 4 857
Loans as amortised cost- RM 68 17 4 88
Loans at fair value over OCI- RM 75 -12 - 63
Provision for expected credit losses on loans and guarantees  909 91 8 1,008
Presented as        
Provision for loan losses  744 118 8 870
Other debt- provisons 148 -27 - 121
Other comprehensive income - fair value adjustment  17 -0 - 16

 

 

 

         
Group (NOKm)  1 January 18 Change in provision Net write-offs/  recoveries  30 June 18
Loans as amortised cost- CM 1,037 33 13 1,083
Loans as amortised cost- RM 52 3 -1 22
Loans at fair value over OCI- RM 65 3 -0 100
Provision for expected credit losses on loans and guarantees  1,154 39 13 1,205
Presented as        
Provision for loan losses  1,068  22  13  1,103
Other debt- provisons 68  17    85
Other comprehensive income- fair value adjustment  18  -1     17

 

Group (NOKm) 1 January 18 Change in provision Net write-offs/
recoveries 		 31 Dec 18
Loans as amortised cost- CM 1,041 128 -402 766
Loans as amortised cost- RM 49 34 -15 68
Loans at fair value over OCI- RM 65 10 - 75
Provision for expected credit losses on loans and guarantees  1,155 171 -417 909
Presented as        
Provision for loan losses  1,068 93 -417 744
Other debt- provisons 68 80 - 148
Other comprehensive income - fair value adjustment  18 -2 - 17

 

Parent Bank                            
  First half 2019   First half 2018   2018
Total Allowance for Credit Losses Stage 1 Stage 2 Stage 3 Total   Stage 1 Stage 2 Stage 3 Total   Stage 1 Stage 2 Stage 3 Total
Opening balance  102 257 503 862   96 256 762 1,114   96 256 762 1,114
Provision for credit losses                             
Transfer to (from) stage 1 26 -25 -0 -   24 -24 -  -    32 -32 -  - 
Transfer to (from) stage 2 -3 4 -0 -   -5 5 -  -    -6 6 -  - 
Transfer to (from) stage 3 -0 -2 3 -   - -2 2  -    - -2 3  - 
Net remeasurement of loss allowances -29 57 114 141   -30 48 49 67   -34 45 158 168
Originations or purchases 24 13 0 37   28 21 1 50   55 93 1 148
Derecognitions -19 -59 -1 -79   -15 -47 -3 -65   -40 -108 -4 -153
Actual loan losses - - -8 -8    -   -   -  -   - - - -
Closing balance  99 244 610 953   98 257 811 1,166   102 257 503 862

 

Group                            
  First half 2019   First half 2018   2018
Total Allowance for Credit Losses Stage 1 Stage 2 Stage 3 Total   Stage 1 Stage 2 Stage 3 Total   Stage 1 Stage 2 Stage 3 Total
Opening balance 112 271 526 909   105 269 780 1,154   106 267 782 1,155
Provision for credit losses                             
Transfer to (from) stage 1 28 -27 -0 -   27 -26 -  -    34 -33 -  - 
Transfer to (from) stage 2 -5 6 -2 -   -4 4 -  -    -7 7 -  - 
Transfer to (from) stage 3 -0 -3 4 -   - -3 3  -    - -4 4  - 
Net remeasurement of loss allowances -31 58 120 147   -31 49 47 65   -37 47 167 177
Originations or purchases 27 15 3 45   31 23 1 55   59 96 3 158
Derecognitions -20 -61 -4 -85   -16 -48 -4 -69   -42 -111 -11 -163
Actual loan losses - - -8 -8    -   -   -       -  - -417 -417
Closing balance 110 258 639 1,008   112 266 827 1,205   112 271 526 909

 

 

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