RBS 2005 Annual Report Download - page 217

section
03
Financial
statements
215
Notes on the accounts
Annual Report and Accounts 2005
(2) Analysis of IFRS adjustments, excluding IAS 32, IAS 39 and IFRS 4
Opening balance sheet at 1 January 2004 – Group
Software Share
development Investment based Employee Total
UK GAAP Dividends Income tax Leases Consolidation costs property payment benefits Insurance adjustments IFRS
£m £m £m £m £m £m £m £m £m £m £m £m
Assets
Cash and balances at central banks 3,822 — — — — — — — — — — 3,822
Treasury bills and other eligible bills 4,846 — — — — — — — — — — 4,846
Loans and advances to banks 54,392 — — — (2) — — — — 1,013 1,011 55,403
Loans and advances to customers 252,531 — — (147) 1,798 — (448) — — (541) 662 253,193
Debt securities 79,949 — — — 123 — — — — 1,076 1,199 81,148
Equity shares 2,300 — — — — — — — — 1,745 1,745 4,045
Intangible assets 13,131 — — — — 896 — — — — 896 14,027
Property, plant and equipment 13,927 — — (127) 76 (78) 448 — — 1 320 14,247
Settlement balances 2,857 — — — — — — — — — — 2,857
Derivatives at fair value 14,087 — — — — — — — — (40) (40) 14,047
Prepayments, accrued income
and other assets 9,029 — — — 72 1 — — (10) 256 319 9,348
Long-term assurance assets 3,557 — — — — — — — — (3,557) (3,557) —
Total assets 454,428 — — (274) 2,067 819 — — (10) (47) 2,555 456,983
Liabilities
Deposits by banks 68,281 — — — — — — — — — — 68,281
Customer accounts 236,963 — — — (1,002) — — — — (495) (1,497) 235,466
Debt securities in issue 41,016 — — — 3,129 — — — — — 3,129 44,145
Settlement balances and
short positions 21,369 — — — — — — — — — — 21,369
Derivatives at fair value 15,173————————(105) (105) 15,068
Accruals, deferred income
and other liabilities 18,779 (1,059) — 2 238 — — 6 — (3,596) (4,409) 14,370
Retirement benefit liabilities 1,445 — — — — — — — 591 — 591 2,036
Deferred taxation liabilities 2,036 — 109 (75) 13 243 — (2) (584) (4) (300) 1,736
Insurance liabilities — — — — — — — — — 7,781 7,781 7,781
Subordinated liabilities 16,998 — — — — — — — — — — 16,998
Minority interests 2,713 — — — (313) 5 — — — (13) (321) 2,392
Shareholders’ equity 26,098 1,059 (109) (201) 2 571 — (4) (17) (58) 1,243 27,341
Long-term assurance liabilities 3,557 — — — — — — — — (3,557) (3,557) —
Total liabilities and equity 454,428 — — (274) 2,067 819 — — (10) (47) 2,555 456,983