Page 101 - Annual Report 2022

39 Banka Kombëtare Tregtare Annual Report 2022

Banka Kombëtare Tregtare Sh.a.
Notes to the Consolidated Financial Statements for the year ended
31 December 2022 (Amounts in USD, unless otherwise stated)

5. Financial risk management (continued)
(b) Credit Risk (continued)
ii Expected credit loss measurement (continued)

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)
Due from Banks Investment Securities at FVOCI
31 December 2021
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 2021 659,696,786 12,266,958 - 671,963,744 1,844,061,327 6,143,348 - 1,850,204,675

Transfer to Stage 1 (from - - - - 2,530,000 (2,530,000) - -
2 or 3)
Transfer to Stage 2 (from - - - - (6,133,479) 6,133,479 - -
1 or 3)
Transfer to Stage 3 (from - - - - - - - -
1 or 2)
New financial assets 381,122,685 1,704,676 - 382,827,361 1,114,416,420 - - 1,114,416,420
originated or purchased
Derecognition of financial (575,894,542) (12,266,958) - (588,161,500) (714,294,626) (3,613,348) - (717,907,974)
assets
Changes due to (20,260,552) - - (20,260,552) (22,041,913) - - (22,041,913)
modifications that did not
result in derecognition
Write-offs - - - - - - - -
Foreign exchange and other (7,116,310) - - (7,116,310) (49,245,769) (466,124) - (49,711,893)
changes
Gross Balance at 31 437,548,067 1,704,676 - 439,252,743 2,169,291,960 5,667,355 - 2,174,959,315
December 2021
Investment Securities at amortised cost Loan Commitments and financial guarantee contracts
31 December 2021
Stage 1 Stage 2 Stage 3 Total Stage 1 Stage 2 Stage 3 Total
Balance at 1 January 2021 166,191,968 - - 166,191,968 66,058,132 2,224,484 - 68,282,616
Transfer to Stage 1 (from - - - - 5,667 (5,667) - -
2 or 3)
Transfer to Stage 2 (from (2,453,392) 2,453,392 - - (170,021) 170,021 - -
1 or 3)
Transfer to Stage 3 (from - - - - - - - -
1 or 2)
New financial assets 133,610,872 - - 133,610,872 27,543,758 283,368 - 27,827,126
originated or purchased
Derecognition of financial (70,984,948) - - (70,984,948) (25,655,181) (1,945,371) - (27,600,552)
assets
Changes due to - - - - 406,019 - - 406,019
modifications that did not
result in derecognition
Write-offs - - - - - - - -
Foreign exchange and other (10,043,042) (186,450) - (10,229,492) (3,154,008) (169,053) - (3,323,061)
changes
Gross Balance at 31 216,321,458 2,266,942 - 218,588,400 65,034,366 557,782 - 65,592,148
December 2021
The gross carrying amounts include only Nominal amounts. Unamortized discount; Accrued interest and Marked to market gain/
(loss) are not included.