Financial assets recognized in this item are stated at amounts due, comprising also potential interest on such assets, taking into consideration impairment allowances. Non-financial assets are measured in accordance with the valuation principles applicable to specific categories of assets recognized in this item.
|Settlements in respect of card transactions||1 136||1 236|
|Settlements of financial instruments (including unpaid option premium)||284||382|
|Receivables in respect of cash settlements||158||125|
|Receivables and settlements in respect of trading in securities||94||80|
|Receivables relating to selling excess currency||2||26|
|Assets for sale||107||178|
|Prepayments and deferred costs||286||291|
|Total||2 925||3 034|
|of which financial assets||2 377||2 247|
|OTHER FINANCIAL ASSETS - THE GROUP'S EXPOSURE TO CREDIT RISK||31.12.2017||31.12.2016|
|not impaired, of which:||2 378||2 247|
|not past due||2 368||2 235|
|Total, gross||2 477||2 354|
|Total net carrying amount||2 377||2 247|
Management of foreclosed collateral– item assets for sale
Foreclosed collaterals as a result of restructuring or debt collection activities are either designated for sale or used by the Group for internal purposes. Details of the foreclosed assets are analysed in order to determine whether they can be used by the Group for internal purposes.
All of the assets foreclosed as a result of restructuring and debt collection activities in the years ended 31 December 2017 and 31 December 2016, respectively, were designated for sale. Activities undertaken by the Group are aimed at selling assets as soon as possible.
The primary procedure for the sale of assets is an open tender. In justified cases, the sale follows a different procedure depending on the specifics of the sold property.