Page 91 - BKT Annual Report 2024 EN

Notes to the Consolidated Financial Statements for the year ended 31 December 2024 Notes to the Consolidated Financial Statements for the year ended 31 December 2024
(amounts in USD, unless otherwise stated) (amounts in USD, unless otherwise stated)

The following table sets out the changes in gross carrying amount of financial assets where impairment requirements apply (other than The following table sets out the changes in gross carrying amount of financial assets where impairment requirements apply (other than
loans to customers). loans to customers).

Reconciliation of the accumulated impairment allowance of financial assets where impairment requirements apply Reconciliation of the accumulated impairment allowance of financial assets where impairment requirements apply
(other than loans to customers) (other than loans to customers)
31 December 2024 Due from Banks Investment Securities at FVOCI 31 December 2023 Due from Banks Investment Securities at FVOCI
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 1,533,061 - - 1,533,061 2,694,647 4,965,865 36,755,462 44,415,974 Balance at 1 1,442,318 - - 1,442,318 2,561,734 5,802,980 24,659,086 33,023,800
January 2024 January 2023

Transfer to Stage 1 - - - - - - - - Transfer to Stage 1 (from - - - - - - - -
(from 2 or 3) 2 or 3)
Transfer to Stage 2 - - - - - - - - Transfer to Stage 2 (from - - - - (312,214) 312,214 - -
(from 1 or 3) 1 or 3)
Transfer to Stage 3 - - - - (75,003) - 7,490,122 7,415,119 Transfer to Stage 3 (from - - - - - (3,046,315) 4,500,759 1,454,444
(from 1 or 2) 1 or 2)
New financial assets 400,972 - - 400,972 1,862,506 - 3,009,979 4,872,485 New financial assets 954,106 - - 954,106 432,180 - - 432,180
originated or purchased originated or purchased
Derecognition of (920,753) - - (920,753) (1,000,485) (3,775,027) - (4,775,512) Derecognition of (959,551) - - (959,551) (675,289) - - (675,289)
financial assets financial assets
Reclassification of - - - - - - - - Reclassification of
instruments instruments measured - - - - - - - -
Write-offs - - - - - - - - at FVOCI to amortised
cost
Changes in models/risk (428,603) - - (428,603) (694,221) (471,021) 4,574,351 3,409,109
parameters Write-offs - - - - - - - -
Foreign exchange and (31,452) - - (31,452) (92,831) (223,927) (1,785,310) (2,102,068) Changes in models/risk 56,156 - - 56,156 925,943 1,877,904 6,688,848 9,492,695
parameters
other movements
Allowance 553,225 - - 553,225 2,694,613 495,890 50,044,604 53,235,107 Foreign exchange and 40,032 - - 40,032 (237,707) 19,082 906,769 688,144
at 31 December 2024 other movements
Allowance 1,533,061 - - 1,533,061 2,694,647 4,965,865 36,755,462 44,415,974
at 31 December 2023
31 December 2024 Debt Investment Securities at amortised cost Loan Commitments and financial guarantee contracts
31 December 2023 Debt Investment Securities at amortised cost Loan Commitments and financial guarantee contracts
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 13,966,337 - 5,504,606 19,470,943 831,155 20,052 45,342 896,549 Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
2024 Balance at 1 January 4,528,553 2,870,605 3,439,597 10,838,755 522,566 - - 522,566
2023
Transfer to Stage 1 - - - - 18,882 (18,882) - -
(from 2 or 3) Transfer to Stage 1 - - - - - - - -
Transfer to Stage 2 - - - - - - - - (from 2 or 3)
(from 1 or 3) Transfer to Stage 2 - - - - - - - -
Transfer to Stage 3 - - - - - - - - (from 1 or 3)
(from 1 or 2) Transfer to Stage 3 - - - - - - - -
(from 1 or 2)
New financial assets 732,089 - - 732,089 75,240 5,196 - 80,436
originated or purchased New financial assets 3,331,652 - - 3,331,652 362,867 20,052 45,342 428,261
originated or purchased
Derecognition of (1,486,416) - - (1,486,416) (160,675) - (43,004) (203,679)
financial assets Derecognition of (572,237) (11,524) - (583,761) (186,541) - - (186,541)
Reclassification of - - - - - financial assets
instruments Reclassification of
Write-offs - - (1,151,599) (1,151,599) - - - - instruments measured - - - - -
at FVOCI to amortised
Changes in models/risk (8,158,984) - 230,000 (7,928,984) (386,419) - - (386,419) cost
parameters Write-offs - - - - - - - -
Foreign exchange and (91,542) - (200,469) (292,011) (18,120) (1,170) (2,338) (21,628)
other movements Changes in models/risk 5,514,913 (2,962,881) 1,967,292 4,519,324 104,035 - - 104,035
parameters
Allowance 4,961,484 - 4,382,538 9,344,022 360,063 5,196 - 365,259 Foreign exchange and
at 31 December 2024 1,163,456 103,800 97,717 1,364,973 28,228 - - 28,228
other movements
Allowance 13,966,337 - 5,504,606 19,470,943 831,155 20,052 45,342 896,549
at 31 December 2023

ANNUAL REPORT 2024 36