E-Z-GO 2010 Annual Report Download - page 67

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55
account is not considered impaired in years subsequent to the modification. There was no significant interest income recognized on
impaired loans in either 2010 or 2009.
A summary of impaired finance receivables, excluding leveraged leases, and related allowance for losses at the end of 2010 and 2009
is provided below:
(In millions)
Aviation
Golf
Equipment
Golf
Mortgage
Timeshare
Other
Liquidating
Total
For the year ended January 1, 2011
Impaired loans with a related allowance for
losses recorded
Recorded investment
$ 147
$ 4
$ 175
$ 355
$ 16
$ 697
Unpaid principal balance
144
5
178
385
15
727
Related allowance
45
2
39
102
3
191
Average recorded investment
187
5
182
356
21
751
Impaired loans with no related allowance for
losses recorded
Recorded investment
17
—
138
69
30
254
Unpaid principal balance
21
—
146
74
89
330
Average recorded investment
14
1
118
70
58
261
Total impaired loans
Recorded investment
164
4
313
424
46
951
Unpaid principal balance
165
5
324
459
104
1,057
Related allowance
45
2
39
102
3
191
Average recorded investment
201
6
300
426
79
1,012
For the year ended January 2, 2010
Impaired loans with a related allowance for
losses recorded
Recorded investment
$ 258
$ 3
$ 179
$ 354
$ 53
$ 847
Unpaid principal balance
258
3
179
366
53
859
Related allowance
46
1
32
59
15
153
Average recorded investment
98
1
96
234
69
498
Impaired loans with no related allowance for
losses recorded
Recorded investment
39
—
84
142
89
354
Unpaid principal balance 39 — 86 137 90 352
Average recorded investment
37
—
94
82
28
241
Total impaired loans
Recorded investment
297
3
263
496
142
1,201
Unpaid principal balance
297
3
265
503
143
1,211
Related allowance
46
1
32
59
15
153
Average recorded investment
135
1
190
316
97
739