RBS 2004 Annual Report Download - page 146

144
Consolidated balance sheet
2004 2003*
Note £m £m
Assets
Cash and balances at central banks 4,293 3,822
Items in the course of collection from other banks 2,629 2,501
Treasury bills and other eligible bills 10 6,110 4,846
Loans and advances to banks 11 58,260 51,891
Loans and advances to customers 350,229 253,392
Less: non-returnable finance 12 4,760 861
12 345,469 252,531
Debt securities 15 91,211 79,949
Equity shares 16 2,960 2,300
Intangible fixed assets 19 17,576 13,131
Tangible fixed assets 20 16,294 13,927
Settlement balances 5,682 2,857
Other assets 21 22,255 17,807
Prepayments and accrued income 6,928 5,309
579,667 450,871
Long-term assurance assets attributable to policyholders 22 3,800 3,557
Total assets 583,467 454,428
Liabilities
Deposits by banks 23 99,081 67,323
Items in the course of transmission to other banks 802 958
Customer accounts 24 285,062 236,963
Debt securities in issue 25 58,960 41,016
Settlement balances and short positions 26 32,990 21,369
Other liabilities 27 26,152 20,584
Accruals and deferred income 15,588 13,155
Post-retirement benefit liabilities 31,901 1,445
Provisions for liabilities and charges
– deferred taxation 28 2,873 2,036
– other provisions 29 198 213
Subordinated liabilities
– dated loan capital 30 11,013 9,312
– undated loan capital including convertible debt 31 9,353 7,686
Minority interests
– equity 158 (11)
– non-equity 32 3,671 2,724
Called up share capital 33 822 769
Share premium account 34 12,964 8,175
Merger reserve 34 10,307 10,881
Other reserves 34 457 419
Revaluation reserve 34 92 7
Profit and loss account 34 7,223 5,847
Shareholders’ funds
– equity 27,345 23,175
– non-equity 34 4,520 2,923
579,667 450,871
Long-term assurance liabilities attributable to policyholders 22 3,800 3,557
Total liabilities 583,467 454,428
Memorandum items
Contingent liabilities 41 16,093 14,864
Commitments (standby facilities, credit lines and other) 41 180,777 139,693
* restated (see page 139)
The accounts were approved by the Board of directors on 23 February 2005 and signed on its behalf by:
Sir George Mathewson Sir Fred Goodwin Fred Watt
Chairman Group Chief Executive Group Finance Director
Consolidated balance sheet
at 31 December 2004