RBS 2003 Annual Report Download - page 90

Operating and financial review continued
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Operating and financial review
Consolidated balance sheet
at 31 December 2003
2003 2002
£m £m
Assets
Cash and balances at central banks 3,822 3,481
Items in the course of collection from other banks 2,501 2,741
Treasury bills and other eligible bills 4,846 11,459
Loans and advances to banks 51,891 44,296
Loans and advances to customers 252,531 223,324
Debt securities 79,949 67,042
Equity shares 2,300 1,886
Interests in associated undertakings 106 94
Intangible fixed assets 13,131 12,697
Tangible fixed assets 13,927 10,485
Settlement balances 2,857 4,102
Other assets 18,436 16,929
Prepayments and accrued income 5,421 4,353
451,718 402,889
Long-term assurance assets attributable to policyholders 3,557 9,111
Total assets 455,275 412,000
Liabilities
Deposits by banks 67,323 54,720
Items in the course of transmission to other banks 958 1,258
Customer accounts 236,963 219,161
Debt securities in issue 41,016 33,938
Settlement balances and short positions 21,369 19,412
Other liabilities 20,584 20,754
Accruals and deferred income 13,173 8,626
Provisions for liabilities and charges 2,522 2,164
Subordinated liabilities 16,998 13,965
Minority interests
– equity (11) (11)
– non-equity 2,724 1,850
Shareholders’ funds
– equity 25,176 23,545
– non-equity 2,923 3,507
451,718 402,889
Long-term assurance liabilities attributable to policyholders 3,557 9,111
Total liabilities 455,275 412,000
Analysis of repurchase agreements included above
Reverse repurchase agreements and stock borrowing
Loans and advances to banks 26,522 20,578
Loans and advances to customers 24,069 21,941
50,591 42,519
Repurchase agreements and stock lending
Deposits by banks 27,044 20,097
Customer accounts 27,021 25,060
54,065 45,157