KB prezent. angl - Komerční banka

104 ➔105
Unconsolidated Financial Statements
under CAS
(E) Liquidity risk
Liquidity risk is a measure of the extent to which the Bank may be required to raise funds to meet its commitments associated with
financial instruments.
Liquidity risk management is based upon the liquidity risk management system approved by the Bank’s Management Board which
complies with the CNB Regulation on banking liquidity management principles and covers the other needs/requirements of the Bank
in respect of liquidity risk management. Liquidity is monitored on a bank wide level, with the Market Book also having a stand-alone
limit. The Bank has established its liquidity risk management rules such that it maintains its liquidity profile in normal conditions (basic
liquidity scenario) and in crisis conditions (crisis liquidity scenario). As such, the Bank has defined a set of indicators for which binding
limits are established.
The Bank is exposed to daily calls on its available cash resources from derivatives, overnight deposits, current accounts, maturing
deposits, loan draw-downs and guarantees. The Bank does not maintain cash resources to meet all of these needs as experience
shows that a minimum level of reinvestment of maturing funds can be predicted with a high level of certainty. The Bank sets limits on
the minimum proportion of maturing funds available to meet such calls and on the minimum level of interbank and other borrowing
facilities that should be in place to cover withdrawals at unexpected levels of demand.
The Bank provides the Czech National Bank with a “Summary of actual remaining maturities of assets and liabilities” and
a “Summary of estimated remaining maturity of assets and liabilities” on a monthly basis.
The table below provides an analysis of assets, liabilities and shareholders’ equity into relevant maturity groupings based on the
remaining period from the balance sheet date to the contractual maturity date pursuant to CNB methodology. Those assets and
liabilities that do not have a contractual maturity date are grouped together in the “maturity undefined” or “on demand” category.
The ‘on demand’ category principally consists of all current accounts of banks and clients.
CZK million On demand Up to 3 months 1 year to Over Maturity Total
to 7 days 3 months to 1 year 5 years 5 years undefined
Assets
Cash in h and, balances with central banks 8,967 0 0 0 0 2,783 11,750
State zero-coupon bonds and other
securities eligible for refinancing with the CNB 1,732 11,714 11,293 4,042 3,920 0 32,701
Amounts due from banks 63,382 114,310 4,552 2,800 16,200 524 201,768
Amounts due from customers 3,391 13,012 50,433 43,912 27,115 22,286 160,149
Debt securities 0 1,418 770 3,216 10,106 0 15,510
Sh ares, participation certificates and oth er h oldings 0 0 0 0 0 233 233
Equity holdings in associates 0 0 0 0 0 220 220
Equity h oldings in subsidiaries 0 0 0 0 0 1,204 1,204
Intangible fixed assets 0 0 0 0 0 1,967 1,967
Tangible fixed assets 0 0 0 0 0 9,692 9,692
Other assets 215 0 4,148 0 0 10,941 15,304
Prepayments and deferred income 0 0 0 0 0 899 899
Total assets 77,687 140,454 71,196 53,970 57,341 50,749 451,397
Liabilities
Amounts owed to banks 9,057 3,290 3,865 2,440 0 0 18,652
Amounts owed to customers 266,116 38,316 4,634 6,007 735 0 315,808
Payables from debt securities 26,772 7,110 17,435 1,229 2,860 0 55,406
Other liabilities 2,977 0 1,449 0 0 2,634 7,060
Deferred income and accrued expenses 22 0 5,862 0 0 0 5,884
Reserves 0 0 0 0 0 8,168 8,168
Share capital 0 0 0 0 0 18,952 18,952
Sh are premium 0 0 0 0 0 117 117
Reserve funds and other funds from profit 0 0 0 0 0 1,652 1,652
Gains or losses from revaluation 0 0 0 0 0 1,294 1,294
Retained earnings or accumulated
losses brought forward 0 0 0 0 0 9,094 9,094
Profit/(loss) for the period 0 0 0 0 0 9,310 9,310
Total liabilities 304,944 48,716 33,245 9,676 3,595 51,221 451,397