Page 141 - Annual Report 2022

79 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)

16. Other assets (continued)
The assets do not meet the definition of non-current assets held for sale, and are classified as inventories in accordance with
IAS 2 “Inventories”. The assets were initially recognised at fair value when acquired. These assets are measured at the lower of
their carrying amount and fair value less cost to sell. The Bank has estimated an impaired amount of USD 13,230,300 to the total
gross amount of USD 48,608,695.

A number of these properties are leased to third parties. Subsequent renewals are negotiated with the lessee on an annual basis.
Rental income from these properties of USD 119,071 (31 December 2021: USD 72,157) is recognised in other income.
Payments in transit represent customers’ payments drawn on other banks that are in the process of being collected.

Other debtors, net are composed as follows:
31 December 2022 31 December 2021

Other debtors 1,936,897 8,779,795
Provision for other debtors (1,288,484) (1,695,887)
Other debtors, net 648,413 7,083,908
Provision for other debtors includes the 100% specific provision allocated for the debt under collection amounting to TRL
9,840,829 (equivalent of USD 525,825).
The debt under collection represents the uncollected amount of cheques issued from non-resident counterparties.

The movement in provision for other debtors is detailed as below:
31 December 2022 31 December 2021

Balance at 1 January (1,695,887) (2,521,450)
Impairment charge of LG&LC 139,845 225,106
Translation difference 267,558 600,457
Balance at the end of the year (1,288,484) (1,695,887)

17. Customer deposits
Customer deposits as at 31 December 2022 and 31 December 2021 are composed as follows:

31 December 2022 31 December 2021
Current accounts:
Individuals 977,015,780 881,406,452
Private enterprises 675,064,759 574,137,576
State owned entities 54,222,654 64,205,043
1,706,303,193 1,519,749,071
Deposits:
Individuals 2,515,825,956 2,386,244,403
Private enterprises 189,256,298 155,033,183
State owned entities 109,864,935 46,522,517
2,814,947,189 2,587,800,103
Other customer accounts:
Individuals 23,570,073 28,954,807
Private enterprises 46,377,893 45,412,332
State owned entities 237,518 259,810
70,185,484 74,626,949
4,591,435,866 4,182,176,123