Annual Report 2019

Central Bank of the Republic of Armenia Notes to the 2019 consolidated financial statements 30. Risk management (continued) Offsetting financial assets and financial liabilities (continued) The table below shows financial assets offset against financial liabilities in the consolidated statement of financial position, as well as the effect of enforceable master netting agreements and similar arrangements (ISDA, RISDA, etc.) that do not result in an offset in the consolidated statement of financial position: In thousands of Armenian Drams 31 December 2019 Gross amount of recognized financial assets Gross amount of recognized financial liabilities set off in the statement of financial position Net amount of financial assets presented in the statement of financial position Related amounts not set off in the statement of financial position Financial instruments Net amount Financial assets Repurchase agreements and other overnight facilities 126,669,774 Total 126,669,774 126,669,774 126,669,774 126,669,774 126,669,774 In thousands of Armenian Drams 31 December 2018 Gross amount of recognized financial assets Gross amount of recognized financial liabilities set off in the statement of financial position Net amount of financial assets presented in the statement of financial position Related amounts not set off in the statement of financial position Financial instruments Financial assets Repurchase agreements and other overnight facilities 163,433,113 163,433,113 Total 163,433,113 163,433,113 163,433,113 The geographical concentration of the Group's assets and liabilities is set out below: 163,433,113 31 December 2018 31 December 2019 In thousands of Armenian Drams Armenia OECD CIS and other foreign banks Total Armenia OECD Assets 39,603,848 39,603,848 42,238,172 Cash Placements with banks and other financial institutions in foreign currency Placements and investments with banks and other financial institutions in domestic currency Financial instruments at fair value through profit or loss Derivative financial assets Financial assets measured at fair value through other Net amount CIS and other foreign banks Total 42,238,172 8,866,115 547,390,347 3,735,526 559,991,988 4,944,031 341,961,418 1,161,408 348,066,857 433,882,868 433,882,868 443,648,161 443,648,161 773,358,342 773,358,342 704,860,473 704,860,473 43,849 43,849 comprehensive income 88,633,726 Placements with the IMF 1,940,583 88,398,230 90,574,309 88,398,230 89,348,388 1,918,000 89,548,497 91,266,388 89,548,497 Property and equipment and intangible assets Other assets 68,700,679 12,239,109 Total assets 651,926,345 60,029 1,411,147,531 111,846 3,847,372 68,700,679 12,410,984 2,066,921,248 71,531,642 14,795,872 666,550,115 71,531,642 62,689 1,138,351,077 97,272 1,258,680 14,955,833 1,806,159,872 Liabilities Notes and coins in circulation 607,209,301 607,209,301 566,706,467 566,706,467 Deposits and accounts of financial and other institutions Derivative financial liabilities Due to the Government Due to the IMF Other borrowed funds Debt securities issued Other liabilities Total liabilities Net assets 722,819,276 13,072 568,931 723,401,279 614,176,880 13,072 318,898 614,508,850 79,455 327,294,360 1,645 240,948,903 136,151,500 6,590,621 6,626,428 4,557,977 1,668,586,797 (1,016,660,45 177,340 377,292,460 618,296 7,777,848 81,100 327,294,360 240,948,903 142,742,121 6,626,428 5,353,613 2,053,657,105 97,040 190,749,003 266,323,100 145,026,239 97,040 190,749,003 266,323,100 6,684,513 151,710,752 7,838,688 4,649,880 1,384,120,918 7,838,688 287,622 411,747,073 333,144 7,336,555 5,270,646 1,803,204,546 2) 1,033,855,071 (3,930,476) 13,264,143 (717,570,803) 726,604,004 (6,077,875) 2,955,326 48

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