«Тинькофф Банк». Консолидированная финансовая информация (2019 год)

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

Unaudited

Credit loss allowance

Gross carrying amount

Stage 1

Stage 2

Stage 3

Total

Stage 1

Stage 2

Stage 3

Total

In millions of RR

(12-

months

ECL)

(lifetime

ECL for

SICR)

(lifetime

ECL for

credit

im-

paired)

(12-

months

ECL)

(lifetime

ECL for

SICR)

(lifetime

ECL for

credit

im-

paired)

Cash loans

At 31 December 2018

1,116

545

670

2,331

32,651

1,776

767

35,194

Movements with impact
on credit loss allowance
charge for the period:

New originated or
purchased

585

18,203

Transfers:

- to lifetime (from Stage
1 to Stage 2)

(202)

1,092

890

(2,191)

2,191

- to credit-impaired
(from Stage 1 and
Stage 2 to Stage 3)

(50)

(300)

472

122

(130)

(369)

499

- recovered (from Stage
3 to Stage 2 and from
Stage 2 to Stage 1)

(59)

(1)

(49)

338

(337)

(1)

Movements other than
transfers and new
originated or purchased
loans

(26)

(329)

(31)

(386)

(5,327)

(300)

(4)

(5,631)

Total movements with
impact on credit loss
allowance charge for
the three months
ended 31 March 2019

318

404

440

1,162

10,893

1,185

494

12,572

Movements without
impact on credit loss
allowance charge the
three months ended
31 March 2019:

Unwinding of discount
(for Stage 3)

Write-offs

(76)

Sales

(36)

Modification of original
cash flows without
derecognition

(49)

At 31 March 2019

1,434

949

975

3,358

43,544

2,961

1,126

47,631

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

Unaudited

Credit loss allowance

Gross carrying amount

In millions of RR

Stage 1

(12-

months

ECL)

Stage 2

(lifetime

ECL for

SICR)

Stage 3

(lifetime

ECL for

credit

im-

paired)

Total

Stage 1

(12-

months

ECL)

Stage 2

(lifetime

ECL for

SICR)

Stage 3

(lifetime

ECL for

credit

im-

paired)

Total

Cash loans

At 1 January 2018

268

151

156

575

6,478

438

161

7,077

Movements with impact
on credit loss allowance
charge for the period:

New originated or
purchased loans

180

4,483

Transfers:

- to lifetime (from Stage
1 to Stage 2)

(31)

178

147

(330)

330

- to credit-impaired
(from Stage 1 and
Stage 2 to Stage 3)

(9)

(76)

103

(20)

(87)

107

- recovered (from Stage
3 to Stage 2 and from
Stage 2 to Stage 1)

(21)

(17)

(92)

(1)

Movements other than
transfers and new
originated or purchased
loans

(13)

(46)

101

(1,301)

(66)

115

(1,252)

Total movements with
impact on credit loss
allowance charge for
the three months
ended 31 March 2018

131

204

370

2,925

221

3,231

Movements without
impact on credit loss
allowance charge for
the three months ended
31 March 2018:

Unwinding of discount
(for Stage 3)

Write-offs

(65)

Modification of original
cash flows without
derecognition

(11)

At 31 March 2018

399

186

291

876

9,403

523

313

10,239

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

Unaudited

Credit loss allowance

Gross carrying amount

Stage 1

Stage 2

Stage 3

Total

Stage 1

Stage 2

Stage 3

Total

In millions of RR

(12-

months

ECL)

(lifetime

ECL for

SICR)

(lifetime

ECL for

credit

im-

paired)

(12-

months

ECL)

(lifetime

ECL for

SICR)

(lifetime

ECL for

credit

im-

paired)

POS loans

At 31 December 2018

190

189

460

14,560

505

210

15,275

Movements with impact
on credit loss allowance
charge for the period:

New originated or
purchased

7,474

Transfers:

- to lifetime (from Stage
1 to Stage 2)

(28)

259

231

(902)

902

- to credit-impaired
(from Stage 1 and
Stage 2 to Stage 3)

(8)

(59)

104

(34)

(77)

111

- recovered (from Stage
3 to Stage 2 and from
Stage 2 to Stage 1)

(6)

(1)

(6)

102

(101)

(1)

Movements other than
transfers and new
originated or purchased
loans

(52)

(136)

(20)

(208)

(4,769)

(280)

(18)

(5,067)

Total movements with
impact on credit loss
allowance charge for
the three months
ended 31 March 2019

143

1,871

444

2,407

Movements without
impact on credit loss
allowance charge the
three months ended
31 March 2019:

Unwinding of discount
(for Stage 3)

Write-offs

(18)

Sales

(3)

Modification of original
cash flows without
derecognition

(18)

At 31 March 2019

192

139

243

574

16,431

949

273

17,653

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

Unaudited

Credit loss allowance

Gross carrying amount

In millions of RR

Stage 1

(12-

months

ECL)

Stage 2

(lifetime

ECL for

SICR)

Stage 3

(lifetime

ECL for

credit

im-

paired)

Total

Stage 1

(12-

months

ECL)

Stage 2

(lifetime

ECL for

SICR)

Stage 3

(lifetime

ECL for

credit

im-

paired)

Total

POS loans

At 1 January 2018

133

125

304

4,462

162

129

4,753

Movements with impact
on credit loss allowance
charge for the period:

New originated or
purchased

2,744

Transfers:

- to lifetime (from Stage
1 to Stage 2)

(13)

(185)

185

- to credit-impaired
(from Stage 1 and
Stage 2 to Stage 3)

(4)

(28)

(12)

(35)

- recovered (from Stage
3 to Stage 2 and from
Stage 2 to Stage 1)

(5)

(4)

(30)

Movements other than
transfers and new
originated or purchased
loans

(57)

(45)

(89)

(1,771)

(78)

(1,834)

Total movements with
impact on credit loss
allowance charge for
the three months
ended 31 March 2018

(2)

6 58

806

910

Movements without
impact on credit loss
allowance charge for
the three months ended
31 March 2018:

Unwinding of discount
(for Stage 3)

Write-offs

(49)

Modification of original
cash flows without
derecognition

(2)

At 31 March 2018

131

136

319

5,268

204

144

5,616

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

The following table discloses the changes in the credit loss allowance and gross carrying amount between
the beginning and the end of the reporting periods for car loans, secured loans and SME loans combined
as the amount of such changes for these products is not significant.

Unaudited

Credit loss allowance

Gross carrying amount

Stage 1

Stage 2

Stage 3

Total

Stage 1

Stage 2

Stage 3

Total

In millions of RR

(12-

months

ECL)

(lifetime

ECL for

SICR)

(lifetime

ECL for

credit

im-

paired)

(12-

months

ECL)

(lifetime

ECL for

SICR)

(lifetime

ECL for

credit

im-

paired)

Other loans

At 31 December 2018

134

5,727

102

5,845

Movements with impact
on credit loss allowance
charge for the period:

New originated or
purchased

110

10,367

Transfers:

- to lifetime (from Stage
1 to Stage 2)

(17)

101

(278)

278

- to credit-impaired
(from Stage 1 and
Stage 2 to Stage 3)

(3)

(20)

(8)

(27)

- recovered (from Stage
3 to Stage 2 and from
Stage 2 to Stage 1)

(2)

(13)

Movements other than
transfers and new
originated or purchased
loans

(37)

(1)

(14)

(993)

(34)

(1)

(1,028)

Total movements with
impact on credit loss
allowance charge for
the the months ended
31 March 2019

114

182

9,101

204

9,339

At 31 March 2019

198

316

14,828

306

15,184

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

The credit loss allowance charge during three months ended 31 March 2019 presented in the tables above
differs from the amount presented in the consolidated condensed interim statement of profit or loss and
other comprehensive income for the period due to RR 727 million recovery of amounts previously written-
off as uncollectible (three months ended 31 March 2018: RR 571 million), and due to RR 215 million release
of ECL for credit related commitments (three months ended 31 March 2018: release of RR 121 million).

The amount of the recovery from written-off loans received during the period was credited directly to the
credit loss allowance line in the consolidated condensed interim statement of profit or loss and other
comprehensive income.

The amount of the ECL for credit related commitments is accounted separately from ECL for credit cards loans
and is included in other financial liabilities in the consolidated condensed interim statement of financial position.

During three months ended 31 March 2019 the Group sold credit-impaired loans to third parties (external
debt collection agencies) with a gross amount of RR 152 million and credit loss allowance of RR 141 million.
The difference between the carrying amount of these loans and the consideration received was recognised
as losses in the amount of RR 5 million within credit loss allowance for loans and advances to customers
for the three months ended 31 March 2019.

During three months ended 31 March 2018 no credit-impaired loans were sold to third parties (external
debt collection agencies).

Presented below is an analysis of issued, activated and utilised cards based on their credit card limits as
at the end of the reporting period:

In units

31 March 2019

(Unaudited)

31 December

2018

Credit card limits
Up to 20 RR thousand

717,523

651,290

20-40 RR thousand

451,652

443,659

40-60 RR thousand

434,732

423,030

60-80 RR thousand

444,289

427,986

80-100 RR thousand

389,019

361,803

100-120 RR thousand

300,074

285,574

120-140 RR thousand

350,410

341,017

140-200 RR thousand

515,337

402,002

More than 200 RR thousand

123,927

109,482

Total cards

3,726,963

3,445,843

Table above only includes credit cards less than 180 days overdue.

The following table contains an analysis of the credit risk exposure of loans and advances to customers
measured at AC and for which an ECL allowance is recognised. The carrying amount of loans and
advances to customers below also represents the Group's maximum exposure to credit risk on these loans.

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

Loans and advances to customers at 31 March 2019 are disclosed as follows:

In millions of RR

Unaudited

Stage 1

(12-months

ECL)

Stage 2

(lifetime ECL

for SICR)

Stage 3

(lifetime ECL

for credit

impaired)

Total

Credit card loans

- Current

155,414

933

156,347

- Monitor

9,400

2,857

12,257

- Sub-standard

4,455

4,942

9,397

- NPL

21,258

Gross carrying amount

164,814

8,245

26,200

199,259

Credit loss allowance

(9,582)

(5,713)

(19,059)

(34,354)

Carrying amount

155,232

2,532

7,141

164,905

Cash loans

- Current

43,264

1,961

45,225

- Monitor

280

437

717

- Sub-standard

563

113

676

- NPL

1,013

Gross carrying amount

43,544

2,961

1,126

47,631

Credit loss allowance

(1,434)

(949)

(975)

(3,358)

Carrying amount

42,110

2,012

151

44,273

POS loans

- Current

16,341

730

17,071

- Monitor

121

211

- Sub-standard

106

- NPL

265

Gross carrying amount

16,431

949

273

17,653

Credit loss allowance

(192)

(139)

(243)

(574)

Carrying amount

16,239

810

17,079

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

In millions of RR

Unaudited

Stage 1

(12-months

ECL)

Stage 2

(lifetime ECL

for SICR)

Stage 3

(lifetime ECL

for credit

impaired)

Total

Other loans

- Current

14,751

195

14,946

- Monitor

133

- Sub-standard

- NPL

Gross carrying amount

14,828

306

15,184

Credit loss allowance

(198)

(78)

(40)

(316)

Carrying amount

14,630

228

14,868

Loans and advances to customers at 31 December 2018 are disclosed as follows:

In millions of RR

Stage 1

(12-months

ECL)

Stage 2

(lifetime ECL

for SICR)

Stage 3

(lifetime ECL

for credit

impaired)

Total

Credit card loans

- Current

138,466

974

139,440

- Monitor

7,266

2,212

9,478

- Sub-standard

3,468

4,774

8,242

- NPL

21,236

Gross carrying amount

145,732

6,654

26,010

178,396

Credit loss allowance

(9,266)

(4,708)

(19,322)

(33,296)

Carrying amount

136,466

1,946

6,688

145,100

Cash loans

- Current

32,504

1,274

33,778

- Monitor

147

207

354

- Sub-standard

295

367

- NPL

695

Gross carrying amount

32,651

1,776

767

35,194

Credit loss allowance

(1,116)

(545)

(670)

(2,331)

Carrying amount

31,535

1,231

32,863

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Loans and Advances to Customers (Continued)

In millions of RR

Stage 1

(12-months

ECL)

Stage 2

(lifetime ECL

for SICR)

Stage 3

(lifetime ECL

for credit

impaired)

Total

POS loans

- Current

14,499

385

14,884

- Monitor

121

- Sub-standard

- NPL

204

Gross carrying amount

14,560

505

210

15,275

Credit loss allowance

(190)

(81)

(189)

(460)

Carrying amount

14,370

424

14,815

Other loans

- Current

5,707

5,756

- Monitor

- Sub-standard

- NPL

Gross carrying amount

5,727

102

5,845

Credit loss allowance

(84)

(36)

(14)

(134)

Carrying amount

5,643

5,711

Stage 3 includes restructured loans that are less than 90 days overdue which are not considered as NPL
according to the Group’s credit risk grading master scale.

Loans in courts are included in Stage 3 and are loans to delinquent borrowers, against which the Group
has filed claims to courts in order to recover outstanding balances. As at 31 March 2019 the gross carrying
amount of the loans in courts was RR 15,059 million (31 December 2018: RR 15,390 million).

Refer to Note 21 for the estimated fair value of loans and advances to customers. Information on related
party balances is disclosed in Note 22.

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Investments in Debt Securities

The table below discloses investments in debt securities at 31 March 2019 by measurement categories and
classes:

In millions of RR

Unaudited

Debt securities

at FVOCI

Debt securities

measured at

FVTPL

Total

Corporate bonds

62,466

Russian government bonds

1,182

Municipal bonds

5,453

Perpetual corporate bonds

1,273

Total investments in debt securities
at 31 March 2019 (fair value/carrying value)

69,101

1,273

70,374

Including Credit loss allowance

384

The table below discloses investments in debt securities at 31 December 2018 by measurement categories and
classes:

In millions of RR

Debt securities

at FVOCI

Debt securities

measured at

FVTPL

Total

Corporate bonds

65,140

Russian government bonds

23,560

Municipal bonds

5,774

Perpetual corporate bonds

5,666

Total investments in debt securities
at 31 December 2018 (fair value/carrying value)

94,474

5,666

100,140

Including Credit loss allowance

481

Refer to Note 21 for the disclosure of the fair value of investments in debt securities.

Repurchase Receivables

Repurchase  receivables  represent  securities  sold  under  sale  and  repurchase  agreements  which  the
counterparty has the right, by contract or custom, to sell or repledge. As at 31  March 2019 the sale and
repurchase  agreements  are  short-term  and  mature  in  April  2019  (31  December  2018:  January  2019).
Repurchase receivables represent securities at FVOCI sold under sale and repurchase agreements:

In millions of RR

31 March 2019

(Unaudited)

31 December

2018

Corporate bonds

2,816

Russian government bonds

21,701

1,110

Municipal bonds

295

Total debt securities (fair value/carrying value)

24,812

1,182

Including Credit loss allowance

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Repurchase Receivables (Continued)

Refer to Note 21 for the disclosure of the fair value of each class of repurchase receivables. Securities at
FVOCI reclassified to repurchase receivables continue to be carried at fair value in accordance with
accounting policies for these categories of assets.

Customer Accounts

In millions of RR

Note

31 March 2019

(Unaudited)

31 December

2018

Individuals

- Current/demand accounts

134,665

137,637

- Term deposits

108,437

100,227

SME

- Current/demand accounts

37,575

41,702

Other legal entities

- Current/demand accounts

873

552

- Term deposits

212

798

Total Customer Accounts

281,762

280,916

Refer to Note 21 for the disclosure of the fair value of customer accounts. Information on related party
balances is disclosed in Note 22.

Share Capital

In millions of RR except for the
number of shares

Number of

authorised

shares

Number of

outstanding

shares

Ordinary

shares

Share

premium

Treasury

shares

Total

At 1 January 2018

190,479,500

182,638,825

188

8,623

(1,587)

7,224

Increase of number of
authorised shares

1,291,266

GDRs buy-back

(2,455)

GDRs and shares transferred
under MLTIP

372

At 31 December 2018

191,770,766

182,638,825

188

8,623

(3,670)

5,141

GDRs and shares transferred
under MLTIP

506

At 31 March 2019 (Unaudited)

191,770,766

182,638,825

188

8,623

(3,164)

5,647

As at 31 March 2019 and 31 December 2018 treasury shares represent GDRs of the Group repurchased
from the market for the purposes permitted by Cyprus law including contribution to MLTIP. Refer to Note 22.

TCS Group Holding PLC
Notes to the Consolidated Condensed Interim Financial Information – 31 March 2019

Net margin

Unaudited

In millions of RR

Note

Three months

ended

31 March 2019

Three months

ended

31 March 2018

Interest income calculated using the effective interest rate
method

Loans and advances to customers, including:

Credit card loans

17,750

15,521

Cash loans

2,170

457

POS loans

711

302

Secured loans

154

Car loans

119

Loans to SME

Debt securities and repurchase receivables at FVOCI

1,651

1,233

Placements with other banks and non-bank credit organizations
with original maturities of less than three months

110

Other interest income

Total Interest income calculated using the effective interest
rate method

22,718

17,609

Other similar income

Debt securities and repurchase receivables at FVTPL

103

Total Interest Income

22,821

17,712

Interest expense calculated using the effective interest rate
method

Customer accounts, including:

Individuals

- Current/demand accounts

1,720

1,160

- Term deposits

1,474

1,272

SME

251

190

Other legal entities

Subordinated debt

464

566

Due to banks

204

RR denominated bonds

137

176

Euro-Commercial Paper

Total Interest expense calculated using the effective interest
rate method

4,287

3,425

Other similar expense

Lease liabilities

Total Interest Expense

4,320

3,425

Expenses on deposit insurance

402

241

Net margin

18,099

14,046

«Тинькофф Банк». Консолидированная финансовая информация (2019 год) - часть 2