Bilansi uspjeha - Raiffeisen Bank

Notes to the financial statements
31 December 2005 and 2004
(all amounts are expressed in thousands of KM)
33. INTEREST RATE RISK
Financial statement
Interest rate risk is the risk that the value of a financial instrument will fluctuate due to changes in market interest rates.
The length of time for which the rate of interest is fixed on a financial instrument, therefore, indicates to what extent it
is exposed to interest rate risk. The table below provides information on the extent of the Bank’s interest rate exposure
based either on the contractual maturity date of its financial instruments or, in the case of instruments that reprice to
a market rate of interest before maturity, the next repricing date. It is the policy of the Bank to manage the exposure
to fluctuations in net interest income arising from changes in interest rates by the degree of repricing mismatch in the
balance sheet. Those assets and liabilities that do not have contractual maturity date or are not interest bearing are
banked in ‘maturity undefined’ category.
‘000 KM 0-1 month
ASSETS
1 to 6
months
6 to 12
months
Over 1
year
Non
interest
bearing
Provision
for impairment
Total
Cash and due from banks 16,328 - - - 73,792 - 90,120
Due from the Central Bank - - - - 338,183 - 338,183
Placements with other banks 583,048 68,798 - 496 - (13) 652,329
Loans originated by the Bank 80,264 269,732 267,186 778,586 - (63,770) 1,331,998
Purchased loans - - - 717 - (670) 47
Investments - - - - 2,672 (188) 2,484
Other assets - - - - 36,929 (707) 36,222
Fixed and intangible
assets - - - 42,513 (423) 42,090
TOTAL ASSETS (1) 679,640 338,530 267,186 779,799 494,089 (65,771) 2,493,473
LIABILITIES
Due to other banks 27,505 50,403 58,935 446,424 10,208 - 593,475
Due to customers 921,113 226,855 196,192 228,053 54,808 - 1,627,021
Provisions - - - - - 18,239 18,239
Other liabilities 1,698 3,504 - - 18,092 - 23,294
Subordinated debt - - - 62,000 - - 62,000
TOTAL LIABILITIES (2) 950,316 280,762 255,127 736,477 83,108 18,239 2,324,029
Mismatch as of 31
December 2005 (1) - (2) (270,676) 57,768 12,059 43,322 410,981 (84,010) 169,444
Total assets as at
31 December 2004 654,084 237,015 240,338 572,912 391,917 (56,271) 2,039,995
Total liabilities as at
31 December 2004 885,681 216,081 275,038 459,305 58,114 12,023 1,906,242
Balance mismatch as of
31 December 2004 (231,597) 20,934 (34,700) 113,607 333,803 (68,294) 133,753
www.raiffeisenbank.ba
151