No notes
Empty basket
Print version
Delete
2018 Financial and Social Report

Credit risk adjustments (impairment and impairment charges)

The Group’s strategy and policy applicable to impairment and recognizing impairment charges has been presented in the Yearly Financial Report section 3 “Credit risk” in the part 8 devoted to financial risk management. It contains a detailed description of:

  • Organization of the process to identify and measure impairment of credit exposures in order to determine adjustments for specific and general credit risk
  • Analysis of individual impairment of credit receivables
  • Collective analysis of a credit portfolio (Art. 442 a-b)

Table EU CRB-A – Additional disclosure related to the credit quality of assets (442.a,b)

Information in that chapter and the indicated above documents are disclosed according to the requirements of Table EU CRB-A – Additional disclosure related to the credit quality of assets (EBA/GL/2016/11).

 

Gross carrying values of Specific credit
risk adjustment
General credit
risk adjustment
Accumulated
write-offs
Credit risk
adjustment
charges of the
period
Net values
Defaulted
exposures
Non-defaulted
exposures
(a+b-c-d)
1 Central governments or central banks 0 0 0 0 0 0 0
2 Institutions 0 0 0 0 0 0 0
3 Corporates 0 0 0 0 0 0 0
4 of which: Specialized lending 0 0 0 0 0 0 0
5 of which: SMEs 0 0 0 0 0 0 0
6 Retail 902 971 31 789 641 589 227 39 682 0 628 910 32 063 702
7 Secured by real estate property 806 992 27 997 446 484 683 27 787 0 512 470 28 291 969
8 * SME’s 127 36 424 377 294 0 671 35 880
9 * Non-SME’s 806 865 27 961 022 484 306 27 493 0 511 799 28 256 088
10 Qualifying revolving 95 979 3 792 195 104 545 11 895 0 116 440 3 771 734
11 Other retail 0 0 0 0 0 0 0
12 * SMEs 0 0 0 0 0 0 0
13 * Non-SMEs 0 0 0 0 0 0 0
14 Equity 0 0 0 0 0 0 0
15 Total IRB approach 902 971 31 789 641 589 227 39 682 0 628 910 32 063 702
16 Central governments or central banks 0 24 877 778 0 2 0 2 24 877 776
17 Regional governments or local authorities 0 345 018 3 339 0 342 344 676
18 Public sector entities 188 98 192 164 296 0 460 97 920
19 Multilateral development banks 0 82 233 0 0 0 0 82 233
20 International organizations 0 0 0 0 0 0 0
21 Institutions 0 1 174 430 0 0 0 0 1 174 430
22 Corporates 586 586 19 634 952 360 614 171 369 0 531 982 19 689 556
23 of which: SMEs 282 122 12 286 947 164 297 114 564 0 278 861 12 290 207
24 Retail 1 029 350 8 085 230 636 390 56 781 950 693 171 8 421 409
25  of which: SMEs 227 907 2 397 523 146 970 14 028 0 160 998 2 464 432
26 Secured by mortgages on immovable
property
0 0 0 0 0 0 0
27 of which: SMEs 0 0 0 0 0 0 0
28 Exposures in default 1 623 725 0 881 767 0 950 881 767 741 958
29 Items associated with particularly high
risk
7 600 44 7 600 0 0 7 600 44
30 Covered bonds 0 0 0 0 0 0 0
31 Claims on institutions and corporates
with a short-term credit assessment
0 0 0 0 0 0 0
32 Collective investments undertakings 0 0 0 0 0 0 0
33 Equity exposures 0 94 154 0 0 0 0 94 154
34 Other exposures 0 2 400 068 991 674 0 0 991 674 1 408 394
35 Total standarized approach 1 623 725 56 792 100 1 996 445 228 787 950 2 225 232 56 190 593
36 Total 2 526 695 88 581 742 2 585 672 268 470 950 2 854 142 88 254 295
37  of which: loans 2 514 099 60 135 283 1 586 398 268 470 950 1 854 868 60 794 515
38 of which: debt securities 4 996 22 844 824 0 0 0 0 22 849 820
39 of which: off-balance sheet 42 324 8 142 578 21 046 30 703 950 51 749 8 133 153
Gross carrying values of Specific credit
risk
adjustment
General credit
risk
adjustment
Accumulated
write-offs
Credit risk
adjustment
charges of the
period
Net values
Defaulted
exposures (*)
Non-defaulted
exposures (*)
(a+b-c-d)
1 Agriculture, forestry and fishing 13 449 99 781 11 884 709 0 12 593 100 636
2 Mining and quarrying 1 838 65 841 1 104 493 0 1 597 66 082
3 Manufacturing 171 992 6 860 308 108 867 57 960 0 166 827 6 865 473
4 Electricity, gas, steam and air conditioning
supply
2 437 489 975 1 201 3 925 0 5 126 487 285
5 Water supply 2 739 149 142 2 456 712 0 3 168 148 714
6 Constructiom 128 720 1 391 828 98 224 15 846 0 114 070 1 406 478
7 Wholesale and retail trade 200 955 6 645 673 119 375 50 649 0 170 025 6 676 603
8 Transport and storage 60 088 2 613 285 40 064 16 863 0 56 927 2 616 446
9 Accomodation and food service activities 32 892 129 449 18 760 761 0 19 521 142 820
10 Information and communication 9 702 627 796 6 789 4 371 0 11 160 626 338
11 Real estate activities 47 927 938 884 13 703 16 220 0 29 923 956 888
12 Professional, scientific and technical
activities
51 550 487 359 37 487 5 180 0 42 666 496 242
13 Administrative and support services activities 46 766 738 841 30 634 4 124 0 34 758 750 849
14 Public administration and defence,
compulsory social security
0 345 226 3 340 0 343 344 884
15 Education 3 283 103 413 2 207 370 0 2 577 104 119
16 Human health services and social work
acivities
2 022 227 047 1 676 3 668 0 5 344 223 725
17 Arts, entertainment and recreation 2 288 28 635 1 592 154 0 1 746 29 176
18 Other services 2 498 51 088 2 261 345 0 2 605 50 980
19 Total 781 146 21 993 569 498 287 182 691 0 680 977 22 093 738
Gross carrying values of Specific credit
risk adjustment
General credit
risk adjustment
Accumulated
write-offs
Credit risk
adjustment
charges of the
period
Net values
Defaulted
exposures
Non-defaulted
exposures
(a+b-c-d)
1 European Union (EU) 15 206 955 283 8 804 2 024 39 10 829 959 660
2 Poland 2 458 844 86 656 648 2 537 329 264 019 904 2 801 348 86 314 144
3 Other EU countries 13 807 349 416 10 214 1 367 0 11 582 351 641
4 Other geographical areas 38 839 620 394 29 324 1 060 8 30 384 628 849
5 Total 2 526 695 88 581 742 2 585 672 268 470 950 2 854 142 88 254 295
Gross carying values
<= 30 days > 30 days <= 60 days > 60 days <= 90 days > 90 days <= 180 days > 180 days <= 1 year > 1 year
1 Loans 960 055 265 570 83 420 138 229 183 798 937 660
2 Debt securities 5 004
3 Total exposures 960 055 265 570 83 420 138 229 183 798 942 664

 (*) on-balance sheet exposures, past-due => 4 days

Gross carrying amount of performing and non-performing exposures Accumulated impairment and provisions and
negative fair value adjustments due to
credit risk
Collaterals and
financial guarantees
received
Of which
performing
but past
due > 30
days and
<= 90 days
Of which
performing
forborne
Of which non-performing On performing
exposures
On non-performing
exposures
On nonperforming
exposures
Of which
forborne
exposures
Of which
defaulted
Of which
impaired
Of which
forborne
Of which
forborne
Of which
forborne
10 Debt
securities
22 197 734 0 0 5 004 5 004 5 004 0 -20 0 -5 004 0 0 0
20 Loans and
advances
57 276 378 269 748 85 799 2 473 723 2 420 852 2 403 894 1 044 219 -413 657 -1 933 -1 345 227 -491 697 755 459 352 156
30 Off-balancesheet
exposures
9 907 405 X 3 940 50 256 49 039 X 5 649 -42 521 -17 -9 220 -1 002 28 0
Accumulated specific credit
risk adjustment
Accumulated general credit
risk adjustment
1 Opening balance 1 810 554
2 IFRS 9 implementation impact 0
3 Increases due to amounts set aside for estimated loan losses during the period 343 399
4 Decreases due to amounts reversed for estimated loan losses during the period -203 590
5 Decreases due to amounts taken against accumulated credit risk adjustments -168 257
6 Transfers between credit risk adjustments 0
7 Impact of exchange rate differences 1 412
8 Business combinations, including acquisitions and disposals of subsidiaries 0
9 Other adjustments -19 627
10 Closing balance 1 763 891
11 Recoveries on credit risk adjustments recorded directly to the statement of profit or loss 1 529
12 Specific credit risk adjustments directly recorded to the statement of profit or loss 3 707
Gross carrying
values defaulted
exposures
1 Opening balance 1 924 249
2 Loans and debt securities that have defaulted or impaired since
the last reporting period
448 423
3 Returned to non-defaulted status 60 183
4 Amounts written off 0
5 Other changes 0
6 Closing balance 2 312 489

The Group has presented the distribution of the key receivables portfolio by the residual maturity for main exposure types: deposits and loans granted to banks and other monetary institutions (Note 22d to the Yearly Financial Report), loans and borrowings granted to customers (Note 21i to the Yearly Financial Report). (Art. 442.f).

At the same time, in the chapter “Credit risk” in the Yearly Financial Report and the Management Board Report, the Bank/Group presents a general assessment of the credit risk level and assessment of changes in this respect, along with key asset quality indicators. It also presents an assessment of concentration levels in the credit portfolio. broken down into product types and industries.

The agreed changes in the impairment and impairment charges are presented in the Notes (21.g) to the Yearly Financial Report. (Art. 442.i)