Komplett Bank Annual Report 2020

RECONCILIATION OF IMPAIRMENTS OF POS FINANCE LOANS TO CUSTOMERS NOK million stage 1 stage 2 stage 3 Total Impairment 01.01.2020 5.2 4.5 22.6 32.3 Q1 2020: Transfer from stage 1 to stage 2 -0.5 0.5 - - Transfer from stage 1 to stage 3 -1.5 - 1.5 - Transfer from stage 2 to stage 3 - -0.9 0.9 - Transfer from stage 3 to stage 2 - 0.3 -0.3 - Transfer from stage 2 to stage 1 1.9 -1.9 - - Transfer from stage 3 to stage 1 0.3 - -0.3 - New financial assets originated - - - - Increased expected credit loss 0.7 3.1 5.6 9.4 Assets derecognized -2.4 -0.4 -4.7 -7.5 Decreased expected credit loss - - - - Exchange rate movements 0.1 0.2 0.5 0.8 Macroeconomic model changes 0.6 0.8 - 1.4 Other changes 0.0 0.3 - 0.3 Impairment 31.03.2020 4.5 6.5 25.7 36.7 Q2 2020: Transfer from stage 1 to stage 2 -0.6 0.6 - - Transfer from stage 1 to stage 3 -1.7 - 1.7 - Transfer from stage 2 to stage 3 - -1.2 1.2 - Transfer from stage 3 to stage 2 - 0.4 -0.4 - Transfer from stage 2 to stage 1 3.1 -3.1 - - Transfer from stage 3 to stage 1 0.3 - -0.3 - New financial assets originated - - - - Increased expected credit loss 2.2 3.4 5.1 10.7 Assets derecognized -3.7 -0.5 -4.7 -8.9 Decreased expected credit loss - - - - Exchange rate movements -0.0 -0.0 -0.0 -0.0 Macroeconomic model changes 0.1 0.1 - 0.2 Other changes 0.7 0.3 - 1.0 Impairment 30.06.2020 5.0 6.3 28.4 39.7 Q3 2020: Transfer from stage 1 to stage 2 -0.7 0.7 - - Transfer from stage 1 to stage 3 -1.5 - 1.5 - Transfer from stage 2 to stage 3 - -1.1 1.1 - Transfer from stage 3 to stage 2 - 0.3 -0.3 - Transfer from stage 2 to stage 1 3.1 -3.1 - - Transfer from stage 3 to stage 1 0.3 - -0.3 - New financial assets originated - - - - Increased expected credit loss 2.6 3.5 4.8 10.9 Assets derecognized -3.8 -0.5 -4.7 -9.0 Decreased expected credit loss - - - - Exchange rate movements 0.0 0.0 0.1 0.1 Macroeconomic model changes -0.1 -0.1 -0.0 -0.2 Other changes -0.7 -0.2 -0.0 -1.0 Impairment 30.09.2020 4.2 5.8 30.5 40.6 Q4 2020: Transfer from stage 1 to stage 2 -0.6 0.6 - - Transfer from stage 1 to stage 3 -1.0 - 1.0 - Transfer from stage 2 to stage 3 - -1.0 1.0 - Transfer from stage 3 to stage 2 - 0.3 -0.3 - Transfer from stage 2 to stage 1 2.8 -2.8 - - Transfer from stage 3 to stage 1 0.4 - -0.4 - New financial assets originated - - - - Increased expected credit loss 3.2 3.2 5.1 11.4 Assets derecognized -3.6 -0.4 -4.0 -8.0 Decreased expected credit loss - - - - Exchange rate movements -0.0 -0.0 -0.1 -0.1 Macroeconomic model changes -0.3 -0.2 0.0 -0.5 Other changes 2.4 0.9 3.7 7.0 Impairment 31.12.2020 7.5 6.3 36.6 50.3 80 Notes to the financial statements