Komplett Bank annual report 2019

RECONCILIATION OF IMPAIRMENTS OF CREDIT CARD LOANS TO CUSTOMERS NOK million Class 1 Class 2 Class 3 Total Impairment as at 01.01.2018 14.8 20.0 26.4 61.2 Transfers in Q1 2018: Transfer from Class 1 to Class 2 -1.5 1.5 - - Transfer from Class 1 to Class 3 -0.0 - 0.0 - Transfer from Class 2 to Class 3 - -4.9 4.9 - Transfer from Class 3 to Class 2 - - - - Transfer from Class 2 to Class 1 5.0 -5.0 - - Transfer from Class 3 to Class 1 - - - - New financial assets originated or change in provisions 1.2 11.1 10.0 22.4 Assets derecognized or change in provisions -4.7 -0.5 -1.7 -7.0 Other changes -2.5 -3.7 - -6.2 Impairment as at 31.03.2018 12.3 18.5 39.6 70.5 Transfers in Q2 2018: Transfer from Class 1 to Class 2 -0.9 0.9 - - Transfer from Class 1 to Class 3 -0.0 - 0.0 - Transfer from Class 2 to Class 3 - -4.6 4.6 - Transfer from Class 3 to Class 2 - - - - Transfer from Class 2 to Class 1 4.6 -4.6 - - Transfer from Class 3 to Class 1 - - - - New financial assets originated or change in provisions 1.1 6.5 6.6 14.2 Assets derecognized or change in provisions -4.2 -0.5 -3.8 -8.5 Other changes -3.0 -4.0 0.0 -7.0 Impairment as at 30.06.2018 9.7 12.3 47.1 69.1 Transfers in Q3 2018: Transfer from Class 1 to Class 2 -1.0 1.0 - - Transfer from Class 1 to Class 3 -0.0 - 0.0 - Transfer from Class 2 to Class 3 - -2.4 2.4 - Transfer from Class 3 to Class 2 - - - - Transfer from Class 2 to Class 1 2.4 -2.4 - - Transfer from Class 3 to Class 1 - - - - New financial assets originated or change in provisions 0.6 6.6 3.2 10.4 Assets derecognized or change in provisions -2.3 -1.4 -8.7 -12.4 Other changes 0.4 0.5 - 0.9 Impairment as at 30.09.2018 9.9 14.3 43.9 68.1 Transfers in Q4 2018: Transfer from Class 1 to Class 2 -0.8 0.8 - - Transfer from Class 1 to Class 3 -0.0 - 0.0 - Transfer from Class 2 to Class 3 - -3.7 3.7 - Transfer from Class 3 to Class 2 - - - - Transfer from Class 2 to Class 1 3.5 -3.5 - - Transfer from Class 3 to Class 1 - - - - New financial assets originated or change in provisions 0.8 6.3 3.5 10.6 Assets derecognized or change in provisions -3.2 -0.5 -8.8 -12.6 Other changes -1.2 -1.6 - -2.8 Impairment as at 31.12.2018 8.9 12.1 42.3 63.3 74 Notes to the financial statements