Notes to Consolidated Financial Statements continued Thousands of Georgian Lari 27. Risk Management continued Credit risk continued There were no loans that have previously been modified (when they were in Stage 2 or 3) which are now categorised as Stage 1, with loss allowance measured at an amount equal to 12 months expected losses. The geographical concentration of the Group’s assets and liabilities is set out below: 2018 CIS and other Georgia OECD foreign countries Total Assets: Cash and cash equivalents 783,453 316,083 116,263 1,215,799 Amounts due from credit institutions 1,258,569 26,982 19,665 1,305,216 Investment securities 1,098,645 784,444 135,928 2,019,017 Loans to customers and finance lease receivables 8,965,090 – 432,657 9,397,747 All other assets 769,460 45,101 45,963 860,524 12,875,217 1,172,610 750,476 14,798,303 Liabilities: Client deposits and notes 6,008,121 656,964 1,468,768 8,133,853 Amounts owed to credit institutions 1,452,229 1,454,219 88,431 2,994,879 Debt securities issued 56,322 1,635,929 38,163 1,730,414 All other liabilities 125,513 9,921 5,450 140,884 7,642,185 3,757,033 1,600,812 13,000,030 Net balance sheet position 5,233,032 (2,584,423) (85 0,336) 1,798,273 2017 2016 CIS and CIS and other other foreign foreign Georgia OECD countries Total Georgia OECD countries Total Assets: Cash and cash equivalents 552,723 932,030 97,682 1,582,435 661,207 837,721 74,682 1,573,610 Amounts due from credit institutions 1,032,749 182,699 10,499 1,225,947 1,048,136 3,287 3,560 1,054,983 Investment securities 931,986 559,468 73,415 1,564,869 914,446 286,832 84,725 1,286,003 Loans to customers and finance lease receivables 7,290,710 – 399,740 7,690,450 6,286,382 – 362,100 6,648,482 All other assets 2,980,244 40,722 84,002 3,104,968 2,343,008 16,455 31,635 2,391,098 12,788,412 1,714,919 665,338 15,168,669 11,253,179 1,144,295 556,702 12,954,176 Liabilities: Client deposits and notes 4,954,215 655,034 1,103,233 6,712,482 3,872,607 560,582 949,509 5,382,698 Amounts owed to credit institutions 1,235,669 1,844,350 75,820 3,155,839 1,676,312 1,682,934 110,845 3,470,091 Debt securities issued 346,941 1,333,699 28,512 1,709,152 200,055 1,031,462 24,126 1,255,643 All other liabilities 823,725 28,801 6,300 858,826 436,645 13,403 7,483 457,531 7,360,550 3,861,884 1,213,865 12,436,299 6,185,619 3,288,381 1,091,96310,565,963 Net balance sheet position 5,427,862 (2,146,965) (548,527) 2,732,370 5,067,560(2,144,086) (535,261) 2,388,213 264 Annual Report 2018Bank of Georgia Group PLC