CFM INDOSUEZ Wealth Management - 2020 Annual Report

145 The depreciation and amortisation periods applied are as follows: Component Depreciation/Amortisation period Buildings 30 to 50 years Fixtures & fittings 6 to 10 years Furniture & equipment 5 to 10 years Transportation equipment 5 years IT equipment 3 years Software and other intan- gible non-current assets 1 to 3 years F) Provisions for cl ient-related risk Provisions for client-related risk are recorded in accordance with the risk of loss as soon as those risks are known; these provisions are deducted from assets, where they relate to non-performing receivables. In other cases, they are recorded as liabilities. G) Retirement pensions Retirement pensions payable under the mandatory pension schemes to which employers and employees contribute are paid by specialised external bodies. The contributions due for the financial year are recognised in the income statement for the period. The bank raised the provision for retirement benefits to €3,994 million in 2020. H) Other employee commitments The bonuses for long-service awards paid to employees are included in personnel expenses. The provision corresponding to the entitlements earned by staff in connection with these bonuses amounted to €1,364,000 at the end of the financial year. NOTE 2 Equivalent value of assets and l iabi l ities in foreign currencies (in thousands of euros) 31/12/2020 31/12/2019 Total assets in foreign currencies 1,858,013 1,919,972 Total liabilities in foreign currencies 1,857,642 1,919,718 NOTE 3 Loans and receivables due from credit institutions (in thousands of euros) 31/12/2020 31/12/2019 Accounts and loans demand 513,042 168,466 overnight 0 0 term 1,151,034 1,469,206 accrued interest 222 1,990 Total amounts due from credit institutions 1,664,298 1,639,662 Provisions Net amounts due fromcredit institutions 1,664,298 1,639,662 NOTE 4 Receivables due from cl ients (in thousands of euros) 31/12/2020 31/12/2019 Pr inc ipa l amounts receivable 3,339,374 3,439,144 Accrued interest 2,275 2,482 Total client receivables 3,341,649 3,441,626 Provisions -8,675 -9,216 Net book value 3,332,974 3,432,410