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CITIC LIMITED
Notes to the Consolidated Financial Statements
For the six months ended 30 June 2016
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32 Financial risk management and fair values
(continued)
(a) Credit risk
(continued)
(ii) Distribution by credit exposure is as follows
(continued)
:
As at 31 December 2015
Loans and
advances to
customers and
other parties
Due from
central banks,
banks and
non-bank
financial
institutions
Financial
asset held
under resale
agreements
Debt securities
investments
and
certificates of
deposit
Investments
classified as
receivables
HK$ million HK$ million HK$ million HK$ million HK$ million
Impaired
Individually assessed
Gross balance
37,094
36
–
198
33
Allowance for impairment losses
(21,973)
(10)
–
(128)
(16)
15,121
26
–
70
17
Collectively assessed
Gross balance
9,553
–
–
–
–
Allowance for impairment losses
(6,978)
–
–
–
–
2,575
–
–
–
–
Overdue but not impaired
(note (1))
Gross balance
49,896
–
–
–
148
Within which:
– Within 3 months
41,997
–
–
–
148
– Between 3 months and 1 year
7,899
–
–
–
–
Allowance for impairment losses
(6,685)
–
–
–
(44)
43,211
–
–
–
104
Neither overdue nor impaired
Gross balance
2,927,541
934,537
165,391
696,455
1,332,290
Allowance for impairment losses
(note (2))
(40,650)
–
–
(89)
(1,130)
2,886,891
934,537
165,391
696,366
1,331,160
Net balance
2,947,798
934,563
165,391
696,436
1,331,281