RBS 2003 Annual Report Download - page 156
Download and view the complete annual report
Please find page 156 of the 2003 RBS annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5
-
6
-
7
-
8
-
9
-
10
-
11
-
12
-
13
-
14
-
15
-
16
-
17
-
18
-
19
-
20
-
21
-
22
-
23
-
24
-
25
-
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146 -
147 -
148 -
149 -
150 -
151 -
152 -
153 -
154 -
155 -
156 -
157 -
158 -
159 -
160 -
161 -
162 -
163 -
164 -
165 -
166 -
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
-
222
-
223
-
224
-
225
-
226
-
227
-
228
-
229
-
230
 |
 |
154
13 Provisions for bad and doubtful debts
2003 2002
Specific General Total Specific General Total
£m £m £m £m £m £m
At 1 January 3,330 597 3,927 3,039 614 3,653
Currency translation and other adjustments (23) (39) (62) (45) (17) (62)
Acquisition of subsidiary 44 6 50 23 — 23
Amounts written off (1,519) — (1,519) (1,036) — (1,036)
Recoveries of amounts written off in previous periods 72 — 72 63 — 63
Charge to profit and loss account 1,459 2 1,461 1,286 — 1,286
At 31 December 3,363 566 3,929 3,330 597 3,927
In certain cases, interest may be charged to a customer’s account but, because its recoverability is in doubt, not recognised in the
Group’s consolidated profit and loss account. Such interest is held in a suspense account and netted off against loans and advances
in the consolidated balance sheet.
2003 2002
£m £m
Loans and advances on which interest is being placed in suspense:
– before specific provisions 1,938 1,660
– after specific provisions 930 724
Loans and advances on which interest is not being applied:
– before specific provisions 2,494 2,515
– after specific provisions 980 1,082
Notes on the accounts continued
Notes on the accounts