My first Publication ocbc_ar17_fullreport_english | Page 194

NOTES TO THE FINANCIAL STATEMENTS
For the financial year ended 31 December 2017
18. DERIVATIVE FINANCIAL INSTRUMENTS (continued)
GROUP
Derivative receivables:
Analysed by counterparty
Banks
Other financial institutions
Corporates
Individuals
Others
Analysed by geography
Singapore
Malaysia
Indonesia
Greater China
Other Asia Pacific
Rest of the World
BANK
2017
$’000 2016
$’000 2017
$’000 2016
$’000
3,016,960
2,234,155
862,664
213,063
59,099
6,385,941 4,418,164
2,177,105
973,702
192,053
76,585
7,837,609 2,396,441
1,829,856
779,829
51,898
59,097
5,117,121 3,572,088
1,817,397
843,016
42,503
76,584
6,351,588
988,051
267,057
61,916
996,997
363,693
3,708,227
6,385,941 1,249,303
650,164
61,156
1,069,211
652,009
4,155,766
7,837,609 1,067,329
35,432
31,714
471,177
316,683
3,194,786
5,117,121 1,260,435
47,286
22,909
695,957
612,641
3,712,360
6,351,588
2017
$’000 2016
$’000 2017
$’000 2016
$’000
437,445
776,602
3,750,056
1,100,306
6,064,409 386,578
879,291
3,228,203
1,096,557
5,590,629 329,200
458,700
591,947
475,623
1,855,470 273,822
514,514
510,251
448,433
1,747,020
The analysis by geography is determined based on where the credit risk resides.
19. OTHER LIABILITIES
GROUP
Bills payable
Interest payable
Sundry creditors
Others
BANK
At 31 December 2017, reinsurance liabilities and third-party interests in consolidated investment funds included in “Others” amounted
to $33.3 million (2016: $38.8 million) and $35.1 million (2016: $54.6 million) respectively for the Group.
20. DEFERRED TAX
GROUP
2017
$’000
At 1 January
Acquisitions
Currency translation
Net charge/(credit) to income statements (Note 10)
Under /(over) provision in prior years
Net charge/(credit) to equity
Net change in life assurance fund tax
At 31 December
192
OCBC ANNUAL REPORT 2017
1,128,519
11,097
(2,248)
(54,911)
4,468
13,411
307,913
1,408,249
BANK
2016
$’000
1,191,984
–
(2,983)
(44,168)
(536)
(5,531)
(10,247)
1,128,519
2017
$’000
(13,169)
–
2,954
(116)
1,412
(1,543)
–
(10,462)
2016
$’000
11,105
–
(2,728)
(19,903)
1,699
(3,342)
–
(13,169)