Consolidated balance sheet

Consolidated balance sheet

Published: 14/1/2016

This group of tables covers the basic (aggregate) consolidated balance sheet of other monetary financial institutions and provides a detailed analysis of the relevant asset and liability items of the basic consolidated balance sheet of other monetary financial institutions. Data are based on regular reports by credit institutions and money market funds.

Metodologija - en - konsolidirana bilanca

Methodology

Published: 14/1/2016

TABLE B2 Number of other reporting monetary financial institutions and their classification by total assets

The table shows the total number of credit institutions and money market funds which report monthly to the CNB. Their operations are shown in the Consolidated balance sheet of other monetary financial institutions.
Up to February 2005, monetary statistics included institutions whose authorisations have been withdrawn, but which have not initiated winding-up proceedings. Up to November 2010, monetary statistics included institutions undergoing winding-up proceedings.
The table also shows the classification of reporting credit institutions and money market funds according to their total assets.

TABLE D1 Consolidated balance sheet of other monetary financial institutions

The Consolidated balance sheet of other monetary financial institutions include data on claims and liabilities of other monetary financial institutions (credit institutions and money market funds).
As from March 2013, data on all the items have been revised from July 1999 onward to include housing savings banks in addition to the Croatian National Bank, banks and savings banks. As from February 2015, all of the data have been revised, that is: from 31 December 2010, in the part that refers to the sector classification of institutional units and the change in the methodological treatment of kuna positions indexed to foreign currency, and from 31 December 2011, in the part that refers to expanding the scope of other monetary financial institutions (to include money market funds).
Required reserves held at the central bank include kuna and foreign currency reserves. Kuna reserves include vault cash and kuna funds held in accounts at the central bank. Foreign currency reserves include foreign currency held in the CNB’s foreign currency accounts.
Foreign assets are the following forms of kuna and foreign currency claims on foreign legal and natural persons: foreign cash in vaults, current account balances with foreign banks and time deposits with foreign banks (including loro letters of credit and other forms of collateral), securities, loans and equities.
Claims on central government and social security funds are the following forms of claims in kuna and foreign currency: securities and loans.
Claims on other domestic sectors include the following claims in kuna and foreign currency: money market instruments, bonds, loans (including acceptances), and equities.
Up to November 2010, the same forms of kuna and foreign currency claims were included in claims on other banking institutions and non-banking financial institutions, with one difference: Claims on other banking institutions also included deposits with those institutions. From December 2010 on, the same forms of kuna and foreign currency claims are included in claims on other financial intermediaries (including claims on the CBRD), financial auxiliaries as well as insurance corporations and pension funds.
Up to November 2010, items Demand deposits, Savings and time deposits, Foreign currency deposits as well as Bonds and money market instruments comprised credit institutions’ liabilities to other domestic sectors, other banking institutions and non-banking financial institutions. From December 2010 on, these items comprise credit institutions’ liabilities to other domestic sectors, non-MMF investment funds, other financial intermediaries, financial auxiliaries as well as insurance corporations and pension funds.
Demand deposits include transaction accounts balances and credit institutions’ obligations arising from kuna payment instruments issued, minus currency in the payment system, i.e. checks in credit institutions’ vaults and checks in collection.
Savings and time deposits are kuna sight deposits as well as kuna time and notice deposits.
Foreign currency deposits are foreign currency sight deposits as well as foreign currency time and notice deposits.
Bonds and money market instruments are credit institutions’ liabilities for securities issued (net) and loans received. Issued subordinated and hybrid instruments, purchased by foreign investors, are excluded from this item.
The issued money market fund shares/units are the remaining claims on the assets of institutional units that have issued the shares or units.
Foreign liabilities comprise the following forms of kuna and foreign currency liabilities to foreign legal and natural persons: transaction accounts, savings deposits (including loro letters of credit and other forms of collateral), time deposits, loans received and liabilities due. Issued subordinated and hybrid instruments, purchased by foreign investors, are also included in loans received.
Deposits of central government and social security funds are all forms of credit institutions’ kuna and foreign currency liabilities (except restricted and blocked deposits) to the central government and social security funds.
Credit from central bank comprises loans received from the CNB and deposits by the CNB with credit institutions. Repurchase of securities is also considered and treated as loans.
Up to November 2010, Restricted and blocked deposits comprised the following banks’ liabilities: kuna and foreign currency restricted deposits by other domestic sectors, other banking institutions, non-banking financial institutions, central government as well as foreign legal and natural persons, and households’ blocked foreign currency deposits, regulated by the Act on Converting Households’ Foreign Currency Deposits into the Public Debt of the Republic of Croatia.
From December 2010 on, Restricted and blocked deposits comprise the following credit institutions’ liabilities: kuna and foreign currency restricted deposits by other domestic sectors, other financial intermediaries, financial auxiliaries, insurance corporations and pension funds, central government as well as foreign legal and natural persons, and households’ blocked foreign currency deposits, regulated by the Act on Converting Households’ Foreign Currency Deposits into the Public Debt of the Republic of Croatia.
Capital accounts are share capital, retained earnings (loss), profit (loss) for the previous year, profit (loss) for the current year, legal reserves, reserves provided for by the articles of association and other capital reserves, reserves for general banking risks, deferred tax in equity, dividends paid in the current year, revaluation reserves, collectively and individually assessed impairment provisions for off-balance sheet items, value adjustments and collectively assessed impairment provisions.
Other items (net) are unclassified liabilities decreased by unclassified assets, including the fair value of derivative financial instruments.

TABLE D2 Foreign assets of other monetary financial institutions

This table shows other monetary financial institutions’ claims on foreign legal and natural persons.
Foreign assets of credit institutions comprise foreign assets in kuna and in foreign currency. Claims on foreign financial institutions and Claims on foreign non-financial institutions (total and by financial instruments) are shown separately within both foreign assets in kuna and in foreign currency.

TABLE D3 Other monetary financial institutions’ claims on the central government and social security funds  

The table shows other monetary financial institutions’ kuna and foreign currency claims on the central government and social security funds. Item Securities, shown under kuna claims on the central government, also comprises bonds arising from blocked foreign currency savings deposits issued in accordance with the Act on Converting Households’ Foreign Currency Deposits into the Public Debt of the Republic of Croatia.

TABLE D3a Other monetary financial institutions’ foreign currency claims and kuna claims indexed to foreign currency on the central government and social security funds

The table provides a detailed analysis of the claims in foreign currency item in Table D3, showing separately foreign currency claims and claims indexed to foreign currency.

TABLE D4 Other monetary financial institutions’ claims on other domestic sectors  

The table shows other monetary financial institutions’ kuna and foreign currency claims on other domestic sectors, classified according to financial instruments: money market instruments (including factoring and forfeiting since January 2004), bonds, loans and advances, and equities.
From January 2004 to November 2010, factoring and forfeiting were in their entirety included in money market instruments. From December 2010 on, factoring and forfeiting which credit institutions report within the loan portfolio are included in loans and advances. Factoring and forfeiting in all other portfolios are reported within money market instruments (with original maturity of up to and including one year) or bonds (with original maturity of over one year).

TABLE D4a Other monetary financial institutions’ foreign currency claims and kuna claims indexed to foreign currency on other domestic sectors

The table provides a detailed analysis of the Claims in foreign currency item in Table D4, showing separately foreign currency claims and claims indexed to foreign currency.

TABLE D5 Distribution of other monetary financial institutions’ loans by domestic institutional sectors  

The table shows data on kuna and foreign currency loans granted by credit institutions to domestic sectors, including acceptances, financial leases, payments made on the basis of guarantees and similar instruments, purchased claims, and until December 2003 factoring and forfeiting. From December 2010 on, loans include the following types of loans: overnight loans, loans for payments made on the basis of guarantees and similar instruments, reverse repo loans, shares in syndicated loans, financial leases, consumer loans, education loans, housing loans, mortgage loans, car loans, credit card loans, overdrafts on transaction accounts, margin loans, Lombard loans, working capital loans, construction loans, agricultural loans, tourism loans, investment loans, export finance loans, any-purpose cash loans, factoring and forfeiting in the portfolio of loans and claims and other loans.

TABLE D5a Distribution of other monetary financial institutions’ foreign currency and kuna loans indexed to foreign currency by domestic institutional sectors

The table provides a detailed analysis of the Loans in foreign currency item in Table D5, showing separately loans in foreign currency and loans indexed to foreign currency.

TABLE D5b Distribution of other monetary financial institutions’ loans by domestic institutional sectors and original maturity

The table provides a detailed analysis of the Loans in kuna and Loans in f/c items in Table D5, showing separately loans by domestic institutional sectors and original maturity, with the latter divided into maturity of up to one year, over one and up to five years and over five years.

TABLE D5c Distribution of other monetary financial institutions’ loans to households by purpose and currency composition

The table provides a detailed analysis of kuna and f/c loans to households in Table D5 by purpose, showing separately loans not indexed to f/c, loans indexed to f/c and foreign currency loans. Within loans indexed to f/c, loans indexed to the euro and loans indexed to the Swiss franc are reported separately under the “o/w” items.

TABLE D5d Distribution of other monetary financial institutions’ working capital and investment loans to non-financial corporations by currency composition

The table provides a detailed analysis of kuna and f/c loans to non-financial corporations in Table D5 by purpose, showing separately loans not indexed to f/c, loans indexed to f/c and foreign currency loans. Within loans indexed to f/c, loans indexed to the euro and loans indexed to the Swiss franc are reported separately under the “o/w” items.

TABLE D6 Demand deposits with other monetary financial institutions

The table shows demand deposits with credit institutions, classified by domestic institutional sectors.
Up to November 2010, demand deposits were the sum of balances in transaction accounts of other domestic sectors, other banking institutions and non-banking financial institutions, minus currency in the payment system (i.e. checks in credit institutions’ vaults and checks in collection). From December 2010 on, demand deposits are the sum of balances in transaction accounts of other domestic sectors, non-MMF investment funds, other financial intermediaries, financial auxiliaries as well as insurance corporations and pension funds, minus currency in the payment system (i.e. checks in credit institutions’ vaults and checks in collection). Credit institutions’ obligations arising from kuna payment instruments issued are included in the household sector.

TABLE D7 Kuna deposits with other monetary financial institutions

Up to November 2010, the table shows kuna savings and time deposits by other domestic sectors, other banking institutions and non-banking financial institutions. From December 2010 on, the table shows kuna savings and time deposits by other domestic sectors, non-MMF investment funds, other financial intermediaries, financial auxiliaries as well as insurance corporations and pension funds.

TABLE D8 Foreign currency deposits with other monetary financial institutions

Up to November 2010, the table shows foreign currency savings and time deposits by other domestic sectors, other banking institutions and non-banking financial institutions. From December 2010 on, the table shows foreign currency savings and time deposits by other domestic sectors, non-MMF investment funds, other financial intermediaries, financial auxiliaries as well as insurance corporations and pension funds.
Foreign currency savings deposits are all foreign currency sight deposits and foreign currency payment instruments issued, while foreign currency time deposits also include foreign currency notice deposits.

TABLE D8a Currency composition of time deposits of households and non-financial corporations

The table provides a detailed analysis of the time deposits of households and non-financial corporations items in tables D7 and D8, showing separately kuna deposits not indexed to foreign currency, kuna deposits indexed to foreign currency and foreign currency deposits. Within deposits indexed to foreign currency and foreign currency deposits, separately reported are deposits indexed to/denominated in the euro, the US dollar and other currencies.

TABLE D8b Maturity composition of time deposits by sectors

The table provides a detailed analysis of the Time deposits item in tables D7 and D8, showing separately time deposits by sectors, with the division according to original maturity of up to one year, over one and up to two years and over two years.

TABLE D9 Bonds and money market instruments  

The table shows credit institutions’ liabilities for securities issued (net) and loans received from other domestic sectors and, up to November 2010, other banking institutions and non-banking financial institutions and, from December 2010, other financial intermediaries, financial auxiliaries as well as insurance corporations and pension funds.
Up to November 2010, money market instruments (net) comprised credit institutions’ net liabilities for CNB bills, bills of exchange (issued and accepted) and other securities issued. From December 2010 on, money market instruments (net) comprise net liabilities for issued commercial bills and non-transferable instruments (debt securities).
Bonds (net) comprise credit institutions’ net liabilities for kuna and foreign currency bonds issued, as well as issued subordinated and hybrid instruments, excluding those purchased by foreign investors.
Other domestic borrowing comprises loans received, which are reported in the total amount and classified by institutional sectors.

TABLE D10 Foreign liabilities of other monetary financial institutions

The table shows other monetary financial institutions’ total foreign currency and kuna liabilities to foreign legal and natural persons, with the exception of restricted kuna and foreign currency deposits by foreign legal and natural persons.
Foreign liabilities of other monetary financial institutions comprise foreign currency liabilities and foreign kuna liabilities.
Within foreign kuna and foreign currency liabilities, liabilities to foreign financial institutions are reported separately from liabilities to foreign non-financial institutions (total and by financial instruments). Items Demand deposits and Savings deposits comprise transaction accounts and savings deposits.
As from March 2013, data on item Loans have been revised to exclude data related to subordinated and hybrid instruments. Item “o/w: Subordinated and hybrid instruments”, which was up to March 2013 reported under Loans and advances, has been reclassified accordingly. It is now reported as a separate item and includes all instruments on the liability side having the features of a subordinated or hybrid instrument.

TABLE D11 Deposits of the central government and social security funds with other monetary financial institutions

The table reports total credit institutions’ kuna and foreign currency liabilities to the central government and social security funds, with the exception of restricted (kuna and foreign currency) deposits by the central government and social security funds with credit institutions.
Kuna and foreign currency deposits by the central government and social security funds are shown separately. Kuna deposits comprise demand deposits, savings deposits, time and notice deposits, and loans received from the central government and social security funds. Foreign currency deposits comprise savings deposits, time deposits and notice deposits.

TABLE D12 Restricted and blocked deposits with other monetary financial institutions

The table shows households’ restricted (kuna and foreign currency) deposits and blocked deposits.
Blocked foreign currency deposits include households’ foreign currency deposits, regulated by the Act on Converting Households’ Foreign Currency Deposits into the Public Debt of the Republic of Croatia.