15. Gain/(loss) on allowance for credit losses
Accounting policies
The accounting principles regarding the recognition of net impairment allowances for expected credit losses and provisions for financial liabilities and guarantees granted are broken down by item in the individual notes below. The net allowances consist of impairment allowances for expected credit losses and provisions set up and released.
Annual report
2018
2018
Financial information
| Net credit losses | 2018 | 2017 |
|---|---|---|
| Equity securities | (11) | |
| available for sale | (11) | |
| Debt securities | (10) | (13) |
| available for sale | (13) | |
| measured at fair value through other comprehensive income | – | |
| measured at amortized cost | (10) | – |
| Loans and advances to customers | (1 292) | (1 504) |
| measured at amortized cost | (1 292) | (1 511) |
| housing | (165) | (166) |
| business | (512) | (772) |
| consumer | (562) | (499) |
| finance lease receivables | (53) | (74) |
| debt securities (corporate) | 5 | |
| debt securities (municipal) | 2 | |
| Other financial assets | (1) | 3 |
| Provisions for financial liabilities and guarantees granted | (70) | (20) |
| Total | (1 373) | (1 545) |
|
Accumulated allowances for credit losses and impairment allowances (balance) |
31.12.2018 | 01.01.2018 | 31.12.2017 |
|---|---|---|---|
| Amounts due from banks | 1 | – | – |
| measured at amortized cost | 1 | – | – |
| Equity securities | – | 77 | |
| available for sale | 77 | ||
| Debt securities | 36 | 29 | 249 |
| available for sale | 249 | ||
| measured at fair value through other comprehensive income | 10 | 15 | |
| measured at amortized cost | 26 | 14 | – |
| Loans and advances to customers | 8 204 | 10 653 | 7 823 |
| measured at amortized cost | 8 204 | 10 653 | 7 823 |
| Provisions for financial liabilities and guarantees granted | 227 | 157 | 86 |
| Other financial assets | 97 | 100 | 100 |
| Total | 8 565 | 10 939 | 8 335 |