RBS 2004 Annual Report Download - page 94

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Operating and financial review
Operating and financial review continued
Consolidated balance sheet
at 31 December 2004
2004 2003*
£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 6,110 4,846
Loans and advances to banks 58,260 51,891
Loans and advances to customers 345,469 252,531
Debt securities 91,211 79,949
Equity shares 2,960 2,300
Intangible fixed assets 17,576 13,131
Tangible fixed assets 16,294 13,927
Settlement balances 5,682 2,857
Other assets 22,255 17,807
Prepayments and accrued income 6,928 5,309
579,667 450,871
Long-term assurance assets attributable to policyholders 3,800 3,557
Total assets 583,467 454,428
Liabilities
Deposits by banks 99,081 67,323
Items in the course of transmission to other banks 802 958
Customer accounts 285,062 236,963
Debt securities in issue 58,960 41,016
Settlement balances and short positions 32,990 21,369
Other liabilities 26,152 20,584
Accruals and deferred income 15,588 13,155
Post-retirement benefit liabilities 1,901 1,445
Provisions for liabilities and charges 3,071 2,249
Subordinated liabilities 20,366 16,998
Minority interests
– equity 158 (11)
– non-equity 3,671 2,724
Shareholders’ funds
– equity 27,345 23,175
– non-equity 4,520 2,923
579,667 450,871
Long-term assurance liabilities attributable to policyholders 3,800 3,557
Total liabilities 583,467 454,428
Analysis of repurchase agreements included above
Reverse repurchase agreements and stock borrowing
Loans and advances to banks 29,975 26,522
Loans and advances to customers 52,184 24,069
82,159 50,591
Repurchase agreements and stock lending
Deposits by banks 43,342 27,044
Customer accounts 42,134 27,021
85,476 54,065
* restated (see page 139)