Sberbank - Annual Report 2010 - 17 Due to Individuals and Corporate Customers

Home Financial Report Financial Statements Notes 17 Due to Individuals and Corporate Customers

# 17 Due to Individuals and Corporate Customers

In millions of Russian Roubles | 2010 | 2009
--- | --- | ---
Individuals: |  |
- Current/demand accounts | 785,750 | 540,455
- Term deposits | 4,048,709 | 3,246,857
Total due to individuals | 4,834,459 | 3,787,312
State and public organisations: |  |
- Current/settlement accounts | 116,827 | 104,004
- Term deposits | 40,475 | 32,900
Total due to state and public organisations | 157,302 | 136,904
Other corporate customers: |  |
- Current/settlement accounts | 1,082,754 | 861,028
- Term deposits | 576,616 | 653,627
Total due to other corporate customers | 1,659,370 | 1,514,655
Total due to corporate customers | 1,816,672 | 1,651,559
Total due to individuals and corporate customers | 6,651,131 | 5,438,871

Economic sector concentrations within customer accounts are as follows:

| 2010 | 2009
--- | --- | ---
In millions of Russian Roubles | Amount | % | Amount | %
Individuals | 4,834,459 | 72.7 | 3,787,312 | 69.6
Oil and gas | 266,889 | 4.0 | 233,772 | 4.3
Trade | 260,559 | 3.9 | 241,233 | 4.5
Services | 254,117 | 3.8 | 248,421 | 4.6
Construction | 166,905 | 2.5 | 153,049 | 2.8
Machine building | 110,165 | 1.7 | 102,209 | 1.9
Energy | 104,246 | 1.6 | 135,648 | 2.5
Metallurgy | 87,854 | 1.3 | 51,935 | 1.0
Municipal bodies and state organisations | 82,717 | 1.2 | 54,014 | 1.0
Food and agriculture | 79,381 | 1.2 | 73,195 | 1.3
Chemical | 44,269 | 0.7 | 51,589 | 0.9
Other | 359,570 | 5.4 | 306,494 | 5.6
Total due to individuals and corporate customers | 6,651,131 | 100.0 | 5,438,871 | 100.0

As at 31 December 2010 included in term deposits of corporate customers are deposits in the amount of RR 5 968 million (31 December 2009: RR 2 174million) received under sale and repurchase agreements with legal entities. Fair value of securities collateralised under these agreements amounted to RR 6 943million and was included in securities pledged under repurchase agreements (31 December 2009: RR 2 560 million). Refer to Notes 11 and 32.

As at 31 December 2010included in Due to corporate customers are deposits of RR 78 749million (31 December 2009: RR 82 068 million) held as collateral for irrevocable commitments under import letters of credit. Refer to Note 32.

As at 31 December 2010 the Group had 20 largest customers with balances above RR 7 450 million (31 December 2009: 20 customers with balances above RR 7 500 million). The aggregate balance of these customers was RR 561 760 million (31 December 2009: RR 456 986million) or 8.4% (31 December 2009: 8.4%) of total due to individuals and corporate customers.

The estimated fair value of due to individuals and corporate customers is disclosed in Note 34. Currency and maturity analyses of due to individuals and corporate customers are disclosed in Note 31. The information on related party balances is disclosed in Notes 35 and 36.

## History

- 16 Due to Other Banks
- 15 Other Assets
- 14 Premises and Equipment
- 27 Income Taxes
- 13 Investment Securities Held to Maturity

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