Note 7 - Losses

 

Parent Bank (NOKm) 1 Jan 20 Change in provision Net write-offs /recoveries  31 Mar 20
Loans as amortised cost- CM 916 146 -30 1,031
Loans as amortised cost- RM 34 7 -3 39
Loans at fair value over OCI- RM 109 37 - 146
Loans at fair value over OCI- CM 1 -0 - 1
Provision for expected credit losses on loans and guarantees  1,060 190 -33 1,219
Presented as        
Provision for loan losses  937 182 -33 1,086
Other debt- provisons 100 6 - 106
Other comprehensive income - fair value adjustment  23 3 - 26

 

Parent Bank (NOKm) 1 Jan 19 Change in provision Net write-offs/ recoveries  31 Mar 19
Loans as amortised cost- CM 742 50 1 792
Loans as amortised cost- RM 45 17 1 63
Loans at fair value over OCI- RM 75 -12 - 63
Provision for expected credit losses on loans and guarantees  862 55 2 918
Presented as        
Provision for loan losses  697 64 2 763
Other debt- provisons 148 -10 - 139
Other comprehensive income - fair value adjustment  17 0 - 17

  

 

Parent Bank (NOKm) 1 Jan 19 Change in provision Net write-offs/
recoveries		 31 Dec 19
Loans as amortised cost- CM 742 201 -27 916
Loans as amortised cost- RM 45 -6 -5 34
Loans at fair value over OCI- RM 75 34 - 109
Loans at fair value over OCI- CM - 1 - 1
Provision for expected credit losses on loans and guarantees  862 230 -32 1,060
Presented as        
Provision for loan losses  697 272 -32 937
Other debt- provisons 148 -48 - 100
Other comprehensive income - fair value adjustment  17 6 - 23

 

 

Group (NOKm) 1 Jan 20 Change in provision Net write-offs/
recoveries 		 31 Mar 20
Loans as amortised cost- CM 948 149 -32 1,065
Loans as amortised cost- RM 63 3 -3 63
Loans at fair value over OCI- RM 109 37 - 146
Loans at fair value over OCI- CM 1 -0 - 1
Provision for expected credit losses on loans and guarantees  1,121 190 -34 1,276
Presented as        
Provision for loan losses  998 180 -34 1,144
Other debt- provisons 100 6 - 106
Other comprehensive income - fair value adjustment  23 3 - 26

 

 Group (NOKm) 1 Jan 19 Change in provision  Net write-offs/ recoveries  31 Mar 19
Loans as amortised cost- CM 766 57 0 822
Loans as amortised cost- RM 68 17 1 86
Loans at fair value over OCI- RM 75 -12 - 63
Provision for expected credit losses on loans and guarantees  909 62 1 971
Presented as        
Provision for loan losses  744 70 1 815
Other debt- provisons 148 -10 - 139
Other comprehensive income - fair value adjustment  17 0 - 17

 

 

Group (NOKm) 1 Jan 19 Change in
provision		 Net write-
offs/
recoveries		 31 Dec 19
Loans as amortised cost- CM 766 212 -31 948
Loans as amortised cost- RM 68 0 -5 63
Loans at fair value over OCI- RM 75 34 - 109
Loans at fair value over OCI- CM - 1 - 1
Provision for expected credit losses on loans and guarantees  909 248 -36 1,121
Presented as        
Provision for loan losses  744 290 -36 998
Other debt- provisons 148 -48 - 100
Other comprehensive income - fair value adjustment  17 6 - 23

 

Accrual for losses on loans  31 Mar 20    31 Mar 19   31 Dec 19   
Parent Bank (NOKm)  Stage1  Stage2 Stage3 Total   Stage1  Stage2 Stage3 Total   Stage1 Stage2 Stage3 Total
Retail market                            
Opening balance 25 73 45 143   28 63 29 120    27  62  31  120
Transfer to (from) Stage 1  13 -13 -0 -   10 -10 -0 -    10 - 10  0 -
Transfer to (from) Stage 2 -2 2 -0 -   -1 1 -0 -   - 2  2  0 -
Transfer to (from) Stage 3  -0 -3 3 -   -0 -2 2 -    0 - 3  3 -
Net remeasurement of loss allowances  -15 12 9 6   -6 17 3 14   - 11  24  18  30
Originations or purchases 4 2 0 6   - - - -    13  17  1  31
Derecognitions -2 -6 -1 -10   -3 -6 -0 -10   - 11 - 20 - 1 - 33
Changes due to changed input assumptions 5 38 - 43   - - - -          
Actual loan losses     -3 -3       1 1   - - - 5 - 5
Closing balance  28 104 53 185   28 63 36 126    25  73  45  143
Corporate market                            
Opening balance 66 210 540 816   64 148 383 594    64  148  382  594
Transfer to (from) Stage1 9 -9 -0 -   9 -9 -0 -    19 - 19  0 -
Transfer to (from) Stage2 -4 4 -0 -   -1 1 - -   - 8  8 - -
Transfer to (from) Stage3 -0 -1 1 -   -0 -0 1 -    0  0  1 -
Net remeasurement of loss allowances  -8 33 148 173   -0 28 58 86   - 17  98  185  266
Originations or purchases 14 2 1 17   - - - -    27  20  1  48
Derecognitions -11 -72 -0 -83   -6 -21 -0 -27   - 20 - 43  0 - 63
Changes due to changed input assumptions 4 30 - 34   -  -  -  -           
Actual loan losses - - -30 -30       1 1   - - - 27 - 27
Closing balance 70 197 660 927   64 147 441 654    66  210  541  817
Total accual for loan losses  98 301 713 1,112   92 210 477 780    91  283  586  961

 

 

    31 Mar 20    31 Mar 19       31 Dec 19   
Group (NOKm) Stage1  Stage2 Stage3 Total   Stage1  Stage 2 Stage 3 Total   Stage1 Stage 2 Stage3 Total
Retail market                            
Opening balance  32 84 56 172   34 72 37 143   33 71 39 143
Transfer to (from) Stage 1  14 -14 -0 -0   11 -11 -0 -   12 -11 -  - 
Transfer to (from) Stage 2 -2 3 -1 0   -1 3 -1 -   -2 4 -1  - 
Transfer to (from) Stage 3  -0 -4 4 -0   -0 -3 3 -   - -3 4  - 
Net remeasurement of loss allowances  -16 12 11 8   -7 18 4 15   -14 24 22 32
Originations or purchases 5 2 0 7   5 3 0 8   17 23 3 44
Derecognitions -3 -7 -7 -17   -3 -7 -2 -12   -13 -23 -5 -41
Changes due to changed input assumptions 5 38 - 43   -  -  -  -    -  -  -   -
Actual loan losses - - -3 -3   - - 1 1    -   -  -5 -5
Closing balance  35 114 61 210   38 74 42 155   32 84 56 172
Corporate market                            
Opening balance  71 218 557 846   68 152 397 618   70 152 397 619
Transfer to (from) Stage 1  9 -9 -0 -   10 -9 -1 -   20 -20 -  - 
Transfer to (from) Stage 2 -4 4 -0 -   -2 2 -0 -   -9 9  -   - 
Transfer to (from) Stage 3  -0 -1 1 -   -0 -1 1 0   - -1 1  - 
Net remeasurement of loss allowances  -9 33 151 175   -9 25 57 73   -19 100 188 268
Originations or purchases 14 2 3 20   9 7 0 16   30 21 7 59
Derecognitions -11 -73 -1 -85   -6 -21 -0 -28   -20 -44 -2 -66
Changes due to changed input assumptions 4 30 - 34   -   - -  -    -  -  -  - 
Actual loan losses - - -31 -31   - - -1 -1    -   -  -31 -31
Closing balance  75 204 680 960   70 156 452 678   71 218 560 849
Total accrual for loan losses  110 318 741 1,170   108 230 494 832   104 302 616 1,021

 

Accrual for losses on guarantees and unused credit lines        
31 Mar 20  31 Mar 19   31 Dec 19 
Parent bank and Group (NOKm) Stage1  Stage2 Stage3 Total   Stage1  Stage2 Stage3 Total   Stage1  Stage2 Stage3 Total
Opening balance 14 29 57 100   11 47 90 148   11 47 90 148
Provision for credit losses                            
      Transfer to (from) Stage 1  1 -1 -0 -   1 -1 -0 -0   3 -3 -0 0
      Transfer to (from) Stage 2 -0 0 - -   -0 0 - -   -1 1 - -
      Transfer to (from) Stage 3  -0 -0 0 -   -0 -0 0 0   -0 -0 0 0
Net remeassurement of loss allowances -3 8 -0 5   -0 2 -10 -8   -2 3 -33 -33
Origination or purchases 2 0 0 3   - - - -   7 1 0 8
Derecognitions -1 -3 -0 -4   -1 -0 -0 -1   -3 -20 -0 -24
Changes due to changed input assumptions 1 2 - 3   - -   -   - - - -
Actual loan losses       -         -   - - - -
Closing Balance 14 36 57 106   10 48 81 139   14 29 57 100

 

 

 

1st quarter 2020

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