CITIC Limited Half-Year Report 2020

68 CITIC Limited Half-Year Report 2020 For the six months ended 30 June 2020 Notes to the Consolidated Financial Statements 18 Loans and advances to customers and other parties (continued) (a) Loans and advances to customers and other parties analysed by nature (continued) 30 June 2020 31 December 2019 HK$ million HK$ million Loans and advances to customers and other parties at FVPL Personal loans – Residential mortgages 7,713 7,719 Loans and advances to customers and other parties at FVOCI Corporate loans: – Loans 3,599 1,029 – Discounted bills 406,731 343,686 Carrying amount of loans and advances to customers and other parties at FVOCI 410,330 344,715 Total carrying amount of loans and advances 4,491,615 4,366,639 Allowance for impairment losses on loans and advances to customers and other parties at FVOCI (494) (521) (b) Assessment method of allowance for impairment losses As at 30 June 2020 Stage 1 Stage 2 Stage 3 (note) Total Gross loans and advances at stage 3 as a percentage of gross total loans and advances HK$ million HK$ million HK$ million HK$ million Loans and advances at amortised cost 3,988,366 131,492 94,714 4,214,572 2.04% Accrued interest 12,596 343 – 12,939 Less: allowance for impairment losses (46,632) (41,027) (66,280) (153,939) Carrying amount of loans and advances at amortised cost 3,954,330 90,808 28,434 4,073,572 Carrying amount of loans and advances at FVOCI 410,049 250 31 410,330 Total carrying amount of loans and advances for which allowance for impairment losses is recognised 4,364,379 91,058 28,465 4,483,902 Allowance for impairment losses of loans and advances at FVOCI (472) – (22) (494)