Annual report 2008-OK-B-up.qxp - Canadia Bank Plc.

NOTES TO THE FINANCIAL STATEMENTS
32. FINANCIAL RISK MANAGEMENT (CONTINUED)
32.1 Credit risk (continued)
e) Loans and advances
Loans and advances are summarised as follows:
2008 2007 2008 2007
US$ US$ Riel Million Riel Million
(Unaudited) (Unaudited)
Loans and advances neither past due nor
impaired 322,845,455 311,940,540 1,317,533 1,248,698
Loans and advances past due but not
impaired 31,398,753 11,003,866 128,138 44,048
Loans and advances individually impaired 57,877,321 23,793,756 236,197 95,246
Gross 412,121,529 346,738,162 1,681,868 1,387,992
Less:
Provision for loan losses (20,708,846) (13,176,166) (84,514) (52,744)
Unamortised loan commitment fees (810,485) (1,158,006) (3,307) (4,635)
Net loans and advances 390,602,198 332,403,990 1,594,047 1,330,613
For the purpose of loan provisioning, expected recovery from collateral (except cash) is not taken into
consideration in accordance with the Central Bank's requirement. The total provision for loan loss is
US$20,708,846 which represents specific provision for the individual loans.
i. Loans and advances neither past due nor impaired
Loans and advances not past due are not considered impaired, unless other information is available to
indicate the contrary.
ii. Loans and advances past due but not impaired
Loans and advances less than 90 days past due are not considered impaired, unless other information is
available to indicate the contrary. Gross amount loans and advances by class to customer that were past
due but not impaired are as follows:
2008 2007 2008 2007
US$ US$ Riel Million Riel Million
(Unaudited) (Unaudited)
Past due up to 30 days 14,037,571 7,528,607 57,288 30,137
Past due 30-60 days 5,396,795 548,976 22,024 2,198
Past due 60-90 days 11,964,387 2,926,283 48,826 11,714
Total 31,398,753 11,003,866 128,138 44,049
Value of collateral ** 62,565,025 35,726,890 255,328 143,015
Annual Report 2008 59