My first Publication ocbc_ar17_fullreport_english | Page 209

28. SPECIFIC ALLOWANCES (continued)
ANALYSED BY INDUSTRY
Cumulative specific
allowances
GROUP
Agriculture, mining and quarrying
Manufacturing
Building and construction
Housing
General commerce
Transport, storage and communication
Financial institutions, investment and holding companies
Professionals and individuals
Others
BANK
Agriculture, mining and quarrying
Manufacturing
Building and construction
Housing
General commerce
Transport, storage and communication
Financial institutions, investment and holding companies
Professionals and individuals
Others
Net specific allowances
charged to income statements
2017
$ million 2016
$ million 2017
$ million 2016
$ million
134
63
12
42
139
499
124
90
133
1,236 15
83
39
44
99
116
87
90
43
616 175
93
48
11
92
694
130
52
112
1,407 22
62
11
16
76
97
84
77
39
484
132
19
5
5
41
450
123
58
114
947 6
12
13
7
22
95
87
54
25
321 165
63
9
–
45
663
135
42
123
1,245 24
1
14
–
21
94
84
47
25
310
2016
$’000 2017
$’000
29. PORTFOLIO ALLOWANCES
GROUP
2017
$’000
At 1 January
Currency translation
(Write-back)/allowances charged to income statements (Note 9)
At 31 December (Note 26)
2,240,779
(37,908)
(786,004)
1,416,867
BANK
2,059,533
9,780
171,466
2,240,779
1,402,752
(13,049)
(608,654)
781,049
2016
$’000
1,305,541
924
96,287
1,402,752
BUILDING ON OUR CORPORATE STRATEGY FOR SUSTAINABLE GROWTH
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