15. Loans, advances and other receivables

	Group		Parent company
(DKKm)	2022	2021	2022	2021
15. Loans, advances and other receivables
Loans, advances and other receivables at amortised cost	33	91	12	20
Impairment losses	838	1,282	571	912
Total loans, advances and other receivables before impairment losses	871	1,373	583	932

Break-down:
Loans, advances and other receivables at amortised cost	369	571	199	318
Claims against estates in bankruptcy etc.	502	802	384	614
Total loans and advances, gross	871	1,373	583	932

Broken down by term to maturity
On demand	838	1,336	579	926
3 months or less	1	1	0	0
Between 3 months and 1 year	3	4	1	1
Between 1 and 5 years	13	15	3	4
More than 5 years	16	17	0	1
Total	871	1,373	583	932

Credit risk

Credit risk is defined as the risk of loss because customers or counterparties fail to meet all or part of their obligations. In consequence of Finansiel Stabilitet’s objects of resolving or restructuring failing banks, the Company has taken over a considerable credit risk exposure.
During the period after Finansiel Stabilitet’s takeover of subsidiaries, new credits have to a limited extent been granted in cases where this has been deemed to reduce the overall risk of losses. For further description of credit risk, see note 23.

Credit exposure
Balance sheet items:
Cash in hand and demand deposits with central banks	9,911	8,149	9,911	8,149
Due from credit institutions and central banks	5	13	3	7
Loans, advances and other receivables at amortised cost	33	91	12	20
Total credit exposure recognised in balance sheet	9,949	8,253	9,926	8,176

Off-balance sheet items:
Loss guarantees for mortgage loans	108	118	57	63
Other guarantees and commitments	8	17	2	6
Total credit exposure	10,065	8,388	9,985	8,245

Related collateral is set out further below in note 15.