Komplett Bank Annual Report 2020

RECONCILIATION OF IMPAIRMENTS OF CREDIT CARD LOANS TO CUSTOMERS NOK million stage 1 stage 2 stage 3 Total Impairment 01.01.2020 6.1 10.8 40.2 57.1 Q1 2020: Transfer from stage 1 to stage 2 -0.5 0.5 - - Transfer from stage 1 to stage 3 -0.0 - 0.0 - Transfer from stage 2 to stage 3 - -2.8 2.8 - Transfer from stage 3 to stage 2 - 0.0 -0.0 - Transfer from stage 2 to stage 1 2.4 -2.4 - - Transfer from stage 3 to stage 1 0.3 - -0.3 - New financial assets originated 0.5 0.0 - 0.6 Increased expected credit loss 0.6 3.7 10.7 15.0 Assets derecognized -3.1 -0.7 -0.8 -4.5 Decreased expected credit loss -0.1 -0.3 -0.7 -1.1 Exchange rate movements 0.2 0.0 0.0 0.2 Macroeconomic model changes 0.9 2.0 - 2.9 Other changes 0.0 0.0 - 0.1 Impairment 31.03.2020 7.3 11.0 51.9 70.2 Q2 2020: Transfer from stage 1 to stage 2 -0.4 0.4 - - Transfer from stage 1 to stage 3 -0.0 - 0.0 - Transfer from stage 2 to stage 3 - -2.4 2.4 - Transfer from stage 3 to stage 2 - 0.1 -0.1 - Transfer from stage 2 to stage 1 2.9 -2.9 - - Transfer from stage 3 to stage 1 0.2 - -0.2 - New financial assets originated 0.5 0.0 0.0 0.5 Increased expected credit loss 0.7 2.6 4.9 8.3 Assets derecognized -3.4 -0.8 -1.0 -5.1 Decreased expected credit loss -0.1 -0.3 -1.0 -1.5 Exchange rate movements -0.0 -0.0 -0.0 -0.0 Macroeconomic model changes 0.2 0.1 - 0.3 Other changes -0.2 -0.0 - -0.2 Impairment 30.06.2020 7.6 7.8 57.0 72.5 Q3 2020: Transfer from stage 1 to stage 2 -0.5 0.5 - - Transfer from stage 1 to stage 3 -0.0 - 0.0 - Transfer from stage 2 to stage 3 - -1.4 1.4 - Transfer from stage 3 to stage 2 - 0.1 -0.1 - Transfer from stage 2 to stage 1 2.0 -2.0 - - Transfer from stage 3 to stage 1 0.3 - -0.3 - New financial assets originated 0.7 0.0 0.0 0.7 Increased expected credit loss 0.8 3.4 2.0 6.3 Assets derecognized -2.9 -0.5 -2.0 -5.4 Decreased expected credit loss -0.1 -0.2 -0.5 -0.8 Exchange rate movements 0.0 0.0 0.0 0.0 Macroeconomic model changes -0.1 -0.1 - -0.3 Other changes -1.0 -0.3 - -1.3 Impairment 30.09.2020 6.7 7.4 57.7 71.8 Q4 2020: Transfer from stage 1 to stage 2 -0.3 0.3 - - Transfer from stage 1 to stage 3 -0.0 - 0.0 - Transfer from stage 2 to stage 3 - -1.6 1.6 - Transfer from stage 3 to stage 2 - - - - Transfer from stage 2 to stage 1 2.0 -2.0 - - Transfer from stage 3 to stage 1 0.2 - -0.2 - New financial assets originated 0.6 0.0 0.0 0.7 Increased expected credit loss 0.9 2.4 4.9 8.2 Assets derecognized -2.8 -0.5 -2.0 -5.3 Decreased expected credit loss -0.1 -0.2 -0.6 -1.0 Exchange rate movements -0.1 -0.0 -0.0 -0.1 Macroeconomic model changes -0.6 -0.3 - -0.9 Other changes 8.2 5.5 16.8 30.5 Impairment 31.12.2020 14.7 11.0 78.1 103.8 78 Notes to the financial statements