10. Net impairment allowance and write-downs

For the year ended 31 December 2013	Note	Value at the beginning of the period	Increases		Decreases				Value at the end of the period	Net – impact on the income statement
For the year ended 31 December 2013	Note	Value at the beginning of the period	Recognised during the period	Other	Decrease due to derecognition of assets and settlement	Reversed during the period	Currency translation differences	Other	Value at the end of the period	Net – impact on the income statement
Investment securities available for sale	22	23,243	16,183	-	5,536	-	3	432	33,455	(16,183)
Debt securities available for sale		5,536	3,728	-	5,536	-	-	432	3,296	(3,728)
Equity securities		17,707	12,455	-	-	-	3	-	30,159	(12,455)
Amounts due from banks	16	29,382	-	-	-	5	-	794	28,583	5
Loans and advances to customers measured at amortised cost	21	6,776,265	6,434,839	2,074	1,775,811	4,406,501	15,770	364,316	6,650,780	(2,028,338)
Non-financial sector		6,606,755	6,378,377	1,806	1,770,829	4,363,011	14,818	337,234	6,501,046	(2,015,366)
corporate loans		3,458,562	3,491,446	1,806	1,149,355	2,183,195	11,621	278,291	3,329,352	(1,308,251)
consumer loans		1,431,689	1,561,370	-	425,117	1,148,890	624	5,079	1,413,349	(412,480)
housing loans		1,714,698	1,300,280	-	196,357	1,030,926	2,573	53,864	1,731,258	(269,354)
debt securities		1,806	25,281	-	-	-	-	-	27,087	(25,281)
Financial sector		25,376	9,051	80	-	949	952	27,082	5,524	(8,102)
corporate loans		25,376	9,051	80	-	949	952	27,082	5,524	(8,102)
Public sector		21,990	-	188	-	10,651	-	-	11,527	10,651
corporate loans		19,640	-	188	-	9,279	-	-	10,549	9,279
debt securities		2,350	-	-	-	1,372	-	-	978	1,372
Finance lease receivables		122,144	47,411	-	4,982	31,890	-	-	132,683	(15,521)
Non-current assets held for sale	25	2,906	1,634	363,443	963	-	-	1,680	365,340	(1,634)
Tangible fixed assets	28	13,943	790	299	1,932	330	383	303	12,084	(460)
Intangible assets	27	142,313	11,021	-	-	-	9	314	153,011	(11,021)
Investments in associates and jointly controlled entities	24	113,226	7,617	-	-	4,311	-	-	116,532	(3,306)
Inventories	26	31,504	23,460	-	1,136	23	-	-	53,805	(23,437)
Other receivables		145,043	80,742	1,838	23,883	39,069	127	5,792	158,752	(41,673)
Provisions for legal claims, loan commitments and guarantees granted	36	233,682	265,311	1,957	318	349,010	19	-	151,603	83,699
Provision for future liabilities		11,961	5,262	-	549	9,729	-	-	6,945	4,467
Total		7,523,468	6,846,859	369,611	1,810,128	4,808,978	16,311	373,631	7,730,890	(2,037,881)

net-impairment-allowance-and-write-downs.xls

Reclassification of impairment allowances of loan portfolio of Finansowa Kompania ‘Prywatne Inwestycje’ Sp. z o.o., in connection with the planned disposal of the company, was recognised in position of other decreases in impairment allowances of ‘Loans and advances to customers’ and other increases in impairment allowances of ‘Non-current assets held for sale’.

For the year ended 31 December 2012	Note	Value at the beginning of the period	Increases		Decreases				Value at the end of the period	Net – impact on the income statement
For the year ended 31 December 2012	Note	Value at the beginning of the period	Recognised during the period	Other	Decrease due to derecognition of assets and settlement	Reversed during the period	Currency translation differences	Other	Value at the end of the period	Net – impact on the income statement
Investment securities available for sale	22	20,563	15,100	-	10,548	1,564	308	-	23,243	(13,536)
Debt securities available for sale		17,944	-	-	10,548	1,564	296	-	5,536	1,564
Equity securities		2,619	15,100	-	-	-	12	-	17,707	(15,100)
Amounts due from banks	16	32,812	518	-	-	856		3,092	29,382	338
Loans and advances to customers measured at amortised cost	21	5,658,243	5,870,957	33,092	934,324	3,732,460	54,322	64,921	6,776,265	(2,138,497)
Non-financial sector		5,497,033	5,768,707	32,123	923,826	3,650,806	51,555	64,921	6,606,755	(2,117,901)
corporate loans		2,709,360	2,522,177	10,276	284,453	1,434,913	41,421	22,464	3,458,562	(1,087,264)
consumer loans		1,463,843	2,040,950	19,447	611,684	1,472,122	1,378	7,367	1,431,689	(568,828)
housing loans		1,323,830	1,203,774	2,400	27,689	743,771	8,756	35,090	1,714,698	(460,003)
debt securities		-	1,806	-	-	-	-	-	1,806	(1,806)
Financial sector		37,058	42,145	391	3,848	47,603	2,767	-	25,376	5,458
corporate loans		37,058	42,145	391	3,848	47,603	2,767	-	25,376	5,458
Public sector		15,779	8,763	578	-	3,130	-	-	21,990	(5,633)
corporate loans		15,779	6,413	578	-	3,130	-	-	19,640	(3,283)
debt securities		-	2,350	-	-	-	-	-	2,350	(2,350)
Finance lease receivables		108,373	51,342	-	6,650	30,921	-	-	122,144	(20,421)
Non-current assets held for sale	25	2,958	-	-	52	-	-	-	2,906	-
Tangible fixed assets	28	6,388	12,104	-	3,366	305	878	-	13,943	(11,799)
Intangible assets	27	135,295	11,337	239	4,558	-	-	-	142,313	(11,337)
Investments in associates and jointly controlled entities	24	88,953	24,273	-	-	-	-	-	113,226	(24,273)
Inventories	26	33,088	10,705	-	11,322	967	-	-	31,504	(9,738)
Other receivables		179,447	31,423	6,915	50,051	21,665	539	487	145,043	(9,758)
Provisions for legal claims, loan commitments and guarantees granted	36	132,204	254,247	-	798	151,442	12	517	233,682	(102,805)
Provision for future liabilities		8,608	23,249	-	470	19,426	-	-	11,961	(3,823)
Total		6,298,559	6,253,913	40,246	1,015,489	3,928,685	56,059	69,017	7,523,468	(2,325,228)

net-impairment-allowance-and-write-downs-2.xls