Annual report 2004 (PDF, 4141 kB) - Unicredit Bank
Annual report 2004 (PDF, 4141 kB) - Unicredit Bank
Annual report 2004 (PDF, 4141 kB) - Unicredit Bank
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10 ALLOWANCES, PROVISIONS AND WRITE OFFS<br />
The <strong>Bank</strong> had the following provisions and allowances for assets at risk:<br />
Provisions 31 December <strong>2004</strong><br />
CZK m<br />
31 December 2003<br />
CZK m<br />
General provisions for loans (Note 5) 256 410<br />
Specific provisions for guarantees (Note 17) 4 8<br />
Others 33 85<br />
293 503<br />
Allowances<br />
Impaired loans to customers (Note 5) 621 432<br />
Equity investments (Note 7) 1 1<br />
622 433<br />
The movements in provisions can be analysed as follows:<br />
General<br />
provisions<br />
for loans<br />
Specific provisions<br />
for guarantees<br />
Others<br />
provisions<br />
Total<br />
provisions<br />
CZK m CZK m CZK m CZK m<br />
At 31 January 2003 536 12 84 632<br />
Usage 0 0 1 1<br />
Release - 126 - 4 0 - 130<br />
At 31 December 2003 410 8 85 503<br />
Additions 0 0 21 21<br />
Release - 154 - 4 - 73 - 231<br />
At 31 December <strong>2004</strong> 256 4 33 293<br />
36