Komplett Bank annual report 2019

RECONCILIATION OF IMPAIRMENTS OF CONSUMER LOANS TO CUSTOMERS NORWAY NOK million Class 1 Class 2 Class 3 Total Impairment as at 01.01.2018 52.7 63.8 84.1 200.6 Transfers in Q1 2018: Transfer from Class 1 to Class 2 -2.8 2.8 - - Transfer from Class 1 to Class 3 -0.0 - 0.0 - Transfer from Class 2 to Class 3 - -17.0 17.0 - Transfer from Class 3 to Class 2 - - - - Transfer from Class 2 to Class 1 11.6 -11.6 - - Transfer from Class 3 to Class 1 0.4 - -0.4 - New financial assets originated or change in provisions 16.3 36.4 22.0 74.7 Assets derecognized or change in provisions -20.0 -7.7 -3.6 -31.3 Other changes -9.7 -11.1 - -20.8 Impairment as at 31.03.2018 48.6 55.6 119.1 223.2 Transfers in Q2 2018: Transfer from Class 1 to Class 2 -2.6 2.6 - - Transfer from Class 1 to Class 3 -0.2 - 0.2 - Transfer from Class 2 to Class 3 - -10.3 10.3 - Transfer from Class 3 to Class 2 - - - - Transfer from Class 2 to Class 1 12.9 -12.9 - - Transfer from Class 3 to Class 1 0.2 - -0.2 - New financial assets originated or change in provisions 7.1 33.5 16.1 56.7 Assets derecognized or change in provisions -10.8 -7.0 -5.1 -22.9 Other changes -11.6 -15.2 4.0 -22.8 Impairment as at 30.06.2018 43.6 46.2 144.3 234.1 Transfers in Q3 2018: Transfer from Class 1 to Class 2 -1.7 1.7 - - Transfer from Class 1 to Class 3 -0.1 - 0.1 - Transfer from Class 2 to Class 3 - -2.8 2.8 - Transfer from Class 3 to Class 2 - - - - Transfer from Class 2 to Class 1 11.7 -11.7 - - Transfer from Class 3 to Class 1 0.0 - -0.0 - New financial assets originated or change in provisions 2.4 25.0 14.8 42.2 Assets derecognized or change in provisions -9.1 -9.6 -17.6 -36.4 Other changes 1.6 1.5 - 3.2 Impairment as at 30.09.2018 48.4 50.4 144.3 243.1 Transfers in Q4 2018: Transfer from Class 1 to Class 2 -2.9 2.9 - - Transfer from Class 1 to Class 3 -0.3 - 0.3 - Transfer from Class 2 to Class 3 - -3.2 3.2 - Transfer from Class 3 to Class 2 - 0.0 -0.0 - Transfer from Class 2 to Class 1 10.1 -10.1 - - Transfer from Class 3 to Class 1 0.3 - -0.3 - New financial assets originated or change in provisions -2.5 20.7 13.1 31.3 Assets derecognized or change in provisions -7.6 -13.7 -20.4 -41.7 Other changes -0.7 2.6 -2.1 -8.7 Impairment as at 31.12.2018 44.7 49.7 138.1 232.5 68 Notes to the financial statements