Page 104 - Annual Report 2023

35 BANKA KOMBËTARE TREGTARE
Notes to the Consolidated Financial Statements for the year ended 31 December 2023
(amounts in USD, unless otherwise stated)

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

CHANGES IN GROSS CARRYING AMOUNT OF FINANCIAL ASSETS WHERE IMPAIRMENT REQUIREMENTS APPLY
(OTHER THAN LOANS TO CUSTOMERS)
31 December 2022 Due from Banks Investment Securities at FVOCI
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 437,548,067 1,704,676 - 439,252,743 2,169,291,960 5,667,355 - 2,174,959,315
2022
Transfer to Stage 1 (from - - - - (2,454,181) 452,723 2,001,458 -
2 or 3)
Transfer to Stage 2 (from - - - - (18,701,032) 18,701,032 - -
1 or 3)
Transfer to Stage 3 (from - - - - (29,494,176) (5,667,355) 35,161,531 -
1 or 2)
New financial assets 253,974,590 - - 253,974,590 730,352,014 2,000,000 2,134,143 734,486,157
originated or purchased
Derecognition of financial (311,950,554) (1,604,815) - (313,555,369) (651,482,337) - - (651,482,337)
assets
Changes due to
modifications that did not (36,591,900) - - (36,591,900) (8,872,638) 62,623 902,220 (7,907,795)
result in derecognition
Reclassification of
instruments measured at - - - - (946,713,544) - - (946,713,544)
FVOCI to amortised cost
Write-offs - - - - - - - -
Foreign exchange and other (2,998,275) (99,861) - (3,098,136) 11,874,426 (497,997) (1,703,148) 9,673,281
changes
Gross Balance at 31 339,981,928 - - 339,981,928 1,253,800,492 20,718,381 38,496,204 1,313,015,077
December 2022

31 December 2022 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 216,321,458 2,266,942 - 218,588,400 65,034,366 557,782 - 65,592,148
2022
Transfer to Stage 1 (from (9,908,818) 8,854,061 1,054,757 - - - - -
2 or 3)
Transfer to Stage 2 (from - - - - 106,707 (106,707) - -
1 or 3)
Transfer to Stage 3 (from (2,300,000) (2,266,942) 4,566,942 - - - - -
1 or 2)
New financial assets 696,203,324 8,963,400 - 705,166,724 58,899,165 - - 58,899,165
originated or purchased
Derecognition of financial (92,430,193) - - (92,430,193) (32,087,953) (365,045) - (32,452,998)
assets
Changes due to
modifications that did not (1,252,353) (19,897) 59,257 (1,212,993) (31,600) - - (31,600)
result in derecognition
Reclassification of
instruments measured at 946,713,544 - - 946,713,544 - - - -
FVOCI to amortised cost
Write-offs - - - - - - - -
Foreign exchange and other (59,068,672) - (132,799) (59,201,471) (2,287,758) (86,030) - (2,373,788)
changes
Gross Balance at 31 1,694,278,290 17,797,564 5,548,157 1,717,624,011 89,632,927 - - 89,632,927
December 2022
The gross carrying amounts include only Nominal amounts. Unamortized discount; Accrued interest and Marked to market gain/ (loss) are not included.