Notes to Consolidated Financial Statements continued Thousands of Georgian Lari 29. Maturity Analysis of Financial Assets and Liabilities continued 31 December 2017 31 December 2016 Less than More than Less than More than 1 year 1 year Total 1 year 1 year Total Cash and cash equivalents 1,582,435 – 1,582,435 1,573,610 – 1,573,610 Amounts due from credit institutions 1,213,689 12,258 1,225,947 1,048,492 6,491 1,054,983 Investment securities 1,483,095 81,774 1,564,869 1,240,387 45,616 1,286,003 Loans to customers and finance lease receivables 3,240,125 4,450,325 7,690,450 3,147,330 3,501,152 6,648,482 Accounts receivable and other loans 38,810 134 38,944 128,222 284 128,506 Insurance premiums receivable 30,538 35 30,573 46,379 44 46,423 Prepayments 112,122 37,436 149,558 57,465 18,812 76,277 Inventories 92,158 8,036 100,194 88,375 99,969 188,344 Investment properties – 353,565 353,565 – 288,227 288,227 Property and equipment – 988,436 988,436 – 1,288,594 1,288,594 Goodwill – 55,276 55,276 – 106,986 106,986 Intangible assets – 60,980 60,980 – 58,907 58,907 Income tax assets 1,155 1,138 2,293 22,329 1,714 24,043 Other assets 111,972 76,760 188,732 137,364 47,427 184,791 Assets of disposal group held for sale 1,136,417 – 1,136,417 – – – Total assets 9,042,516 6,126,153 15,168,669 7,489,953 5,464,223 12,954,176 Client deposits and notes 6,102,583 609,899 6,712,482 4,894,493 488,205 5,382,698 Amounts owed to credit institutions 1,800,297 1,355,542 3,155,839 2,238,643 1,231,448 3,470,091 Debt securities issued 295,907 1,413,245 1,709,152 186,793 1,068,850 1,255,643 Accruals and deferred income 104,290 28,379 132,669 58,726 71,593 130,319 Insurance contracts liabilities 39,349 7,053 46,402 62,247 5,624 67,871 Income tax liabilities 9,617 11,342 20,959 5,548 22,170 27,718 Other liabilities 112,328 29,805 142,133 213,064 18,559 231,623 Liabilities of disposal group held for sale 516,663 – 516,663 – – – Total liabilities 8,981,034 3,455,265 12,436,299 7,659,514 2,906,449 10,565,963 Net 61,482 2,670,888 2,732,370 (169,561) 2,557,774 2,388,213 30. Related Party Disclosures In accordance with IAS 24 “Related Party Disclosures”, parties are considered to be related if one party has the ability to control the other party or exercise significant influence over the other party in making financial or operational decisions. In considering each possible related party relationship, attention is directed to the substance of the relationship, not merely the legal form. Related parties may enter into transactions which unrelated parties might not, and transactions between related parties may not be effected on the same terms, conditions and amounts as transactions between unrelated parties. All transactions with related parties disclosed below have been conducted on an arm’s length basis. 280 Annual Report 2018Bank of Georgia Group PLC