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The Balance Sheet of the Bank of Abkhazia

THE BALANCE SHEET OF THE NATIONAL BANK OF THE REPUBLIC OF ABKHAZIA
AS AT APRIL 1, 2011

(thousands of rubles)

¹

SN

Funds and its sources

as at April 1

2011
2010
 

ASSETS

 

1.

Cash assets, of which:

2 227 870

436 210

 1.1.

In foreign currency (in ruble equivalent)

45 049

12 512

2.

Extended credits, of which:

664 640

544 555

2.1.

To commercial banks

660 856

542 052

2.2.

To other borrowers

3 784

2 503

3.

Loan loss provision

(68166)*

 (33180)*

4.

Share in the Savings Bank capital (stock)

28 045

28 045

5.

Budget funds used for public investments

161 019

149 828

6.

Sundry assets, of which:

233 756

163 696

6.1.

Fixed assets (at residual value)

83 010

81 281

6.2.

Losses for the reporting period

20 407

3 515

 

Total assets

3 247 164

1 289 154

 

 

 

 

 

LIABILITIES

 

 

1.

Commemorative and investment coins of precious metals issued into circulation

1 193

886

2.

Assets of commercial banks on the accounts of the Bank of Abkhazia , of which:

426 368

208 775

2.1.

On correspondent accounts, including:

342 737

145 631

2.1.1.

In foreign currency (in ruble equivalent)

14 902

2 218

2.2.

Required reserves

83 631

63 144

3.

Budget funds and funds of other organizations, of which: 

1 590 945

589 625

3.1.

Issued for public investments

177 124

196 695

3.2.

Off-budget funds

178 209

55 156

4.

Sundry liabilities, of which:

19 388

15 110

4.1.

Next period proceeds of credit operations

3 565

4 300

5.

Capital, including:

1 209 270

474 758

5.1.

Authorized capital

370 500

370 500

5.2.

Reserves and funds

138 770

104 258

6.

Attracted funds of the Ministry of Finance for a term of 3 years and more (subordinated loan)

700 000

0

 

Total liabilities

3 247 164

1 289 154

 

 

*) The number in brackets is negative

 

 

As at April 1, 2011 commercial banks issued credits in the amount of 2499,3 millions of rubles to economic players, private individuals and entrepreneurs, by the relevant period of 2010 the growth rate amounted 129,1%. The Bank of Abkhazia extended credits to commercial banks in refinancing order in the amount of 660,9 millions of Russian rubles and in comparison with April 1, 2010 credit extension increased by 21,9 %,

According to the balance-sheet of the Bank of Abkhazia as at April 1, 2011 in comparison with the same period of 2010 the total sum of money turnover increased by 12,3 % and the balance-sheet currency increased by 2,5 times.

 

The structure of cash turnover according to the banking system in Russian rubles for the first quarter of 2011

 

¹ SN

ACTIVITIES

For the first quarter of 2011 (%)

Growth rate by the first quarter of 2010 (%)

 

À. Turnover of cash receipts, total:

100
83,8

 

including:

 

 

1

Receipts from trade

29,2

120,7

2

Receipts from remittance operations of private individuals

6,4

139,6

3

Receipts to accounts of private individuals

6,0

253,8

4

Receipts for loan repayments of private individuals

5,4

241,6

5

Receipts to accounts of entrepreneurs acting without formation of legal entity

4,7

138,8

6

Receipts from the sale of foreign currency to private individuals

4,4

161,8

7

Receipts from rendering of paid services

4,4

132,4

8

Receipts to deposit accounts

2,8

167

9

Receipts from telecommunication agencies

2,7

114,2

10

Receipts from rent and utilities payments

2,4

371,9

11

Miscellaneous income

31,6

155,7

B. Turnover of cash issue, total:

100

152,9

 

including:

1

For wage payments

25,0

187,6

2

For purchase of inventory holdings, fuels and lubricants

14,2

136,9

3

For disbursement  of pensions, benefits

13,8

122,7

4

Issue of credits for private individuals

9,3

227,1

5

Issue from accounts of private individuals

7,6

177,7

6

Issue of remittance to private individuals

4,9

150,3

7

Issue for purchase of agricultural products

4,4

248,1

8

Issue from accounts of entrepreneurs acting without formation of legal entity

3,7

174,4

9

Issue while purchase of foreign currency from private individuals

3,2

105,1

10

Issue from deposit accounts of private individuals

2,9

150,4

11

Issue for other purposes

11,0

132,2

 
   

      

Cash turnover on the territory of the Republic of Abkhazia for the first quarter of 2011amounted:

à) in Russian rubles
= income account – 3788,9 millions of rubles, by the relevant period of 2010 the growth rate amounted 137,2 %;
= expenditure account – 3711,1 millions of rubles, by the same period of 2010 the growth rate mounted 152,9 %.

á) in US dollars
= income account – 11589,4 thousands of US dollars, by the relevant period of 2010 the growth rate amounted 131,0 %;
= expenditure account – 11716,8 thousands of US dollars, in comparison with the relevant period of 2010 the growth rate amounted 120,1%.        

â) in euro
= income account – 1479,4 thousands of euros, by the relevant period of 2010 the growth rate amounted 89,9%;
= expenditure account – 1520,7 thousands of euros, by the same period of 2010 the growth rate amounted 106,1%.

 

 
 
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