RBS 2004 Annual Report Download - page 210

208
Additional information
Additional information continued
Provisions for bad and doubtful debts (continued)
The following table presents additional information with respect to the provisions for bad and doubtful debts.
2004 2003 2002 2001 2000
£m £m £m £m £m
Loans and advances to customers (gross) 349,691 256,453 227,244 194,137 171,215
Provisions at end of period:
Specific provisions – customers 3,648 3,356 3,323 3,031 2,571
Specific provisions – banks 6 77814
General provision 574 566 597 614 568
4,228 3,929 3,927 3,653 3,153
Customer provision at end of period as % of loans and
advances to customers at end of period:
Specific provisions 1.04% 1.31% 1.46% 1.56% 1.50%
General provision 0.17% 0.22% 0.26% 0.32% 0.33%
1.21% 1.53% 1.72% 1.88% 1.83%
Average loans and advances to customers (gross) 298,150 245,798 211,206 181,584 142,288
As a % of average loans and advances to customers during the period:
Total customer provisions charged to profit and loss 0.48% 0.59% 0.61% 0.54% 0.39%
Amounts written-off (net of recoveries) – customers 0.44% 0.59% 0.46% 0.42% 0.44%
Analysis of closing provisions for bad and doubtful debts
The following table analyses customer provisions for bad and doubtful debts by geographical area and type of domestic customer.
2004 2003 2002 2001 2000
% of loans % of loans % of loans % of loans % of loans
Closing to total Closing to total Closing to total Closing to total Closing to total
provision loans provision loans provision loans provision loans provision loans
£m % £m % £m % £m % £m %
Domestic
Central and local government — 0.5 — 0.5 — 0.6 — 0.4 — 1.1
Manufacturing 127 1.8 156 2.5 205 3.2 209 3.8 148 4.0
Construction 71 1.4 56 1.5 65 1.5 72 1.6 77 1.5
Finance 54 7.2 34 7.4 71 5.5 73 4.4 75 5.8
Service industries and business activities 516 8.8 599 11.4 699 11.5 627 12.9 665 12.2
Agriculture, forestry and fishing 23 0.7 20 1.0 29 1.1 31 1.2 33 1.4
Property 64 7.6 58 7.7 40 7.0 39 6.3 55 6.1
Individuals – home mortgages 32 16.5 35 18.8 60 18.5 53 19.1 35 19.0
Individuals – other 1,318 8.0 1,003 9.9 855 9.8 855 10.3 797 10.5
Finance leases and instalment credit 122 3.7 136 4.6 208 5.2 164 5.8 149 6.3
Total domestic 2,327 56.2 2,097 65.3 2,232 63.9 2,123 65.8 2,034 67.9
Foreign 1,321 43.8 1,259 34.7 1,091 36.1 908 34.2 537 32.1
Specific provisions 3,648 100.0 3,356 100.0 3,323 100.0 3,031 100.0 2,571 100.0
General provision 574 566 597 614 568
Total provisions 4,222 3,922 3,920 3,645 3,139