RBS 2005 Annual Report Download - page 221

section
03
Financial
statements
219
Notes on the accounts
Annual Report and Accounts 2005
(3) Analysis of IAS 32, IAS 39 and IFRS 4 adjustments
Balance sheet at 1 January 2005 – Group
IFRS prospective adjustments
IFRS Provisioning Fair IFRS
31 December Other Debt Classification/ Embedded and Hedging/ Revenue Insurance value Total 1 January
2004 Offset IAS 39 equity measurement derivatives impairment measurement Derecognition recognition contracts option Other adjustments 2005
£m £m £m £m £m £m £m £m £m £m £m £m £m £m £m
Assets
Cash and balances at
central banks 4,293 — — — — — — — — — — — — — 4,293
Treasury bills and
other eligible bills 6,110 — — — (1) — — — — — — — — (1) 6,109
Loans and advances
to banks 61,073 4,425 165 — — — — 4 — — 23 — 1 4,618 65,691
Loans and advances
to customers 347,251 28,566 1,533 — (31) — (82) 518 4,022 (615) — — — 33,911 381,162
Debt securities 93,908 — 747 — (241) — — 50 (580) — 31 — — 7 93,915
Equity shares 4,723 — — — 507 — — — — — — — 1 508 5,231
Intangible assets 19,242 — — — — — — — — — — — — — 19,242
Property, plant and
equipment 16,428 — — — — — — — — (3) — — — (3) 16,425
Settlement balances 5,682 — — — — — — — — — — — — — 5,682
Derivatives at fair value 17,800 71,509 — — (18) 114 — 520 — — — (20) — 72,105 89,905
Prepayments,
accrued income
and other assets 11,612 (29) (2,445) — (1) 3 — (379) 327 (90) (142) — (1) (2,757) 8,855
Total assets 588,122 104,471 — — 215 117 (82) 713 3,769 (708) (88) (20) 1 108,388 696,510
Liabilities
Deposits by banks 99,883 4,425 207 — — — — 10 1,501 — — — 6,143 106,026
Customer accounts 283,315 28,566 937 — (2) (39) — (11) 177 — 2,102 — 1 31,731 315,046
Debt securities in issue 63,999 — 342 — (25) — — (1,060) 2,131 — — 858 — 2,246 66,245
Settlement balances
and short positions 32,990 — 349 — — — — — — — — — — 349 33,339
Derivatives at fair value 18,876 71,509 — — (19) 188 — 1,599 — — — (876) — 72,401 91,277
Accruals, deferred
income and other
assets 17,648 (29) (2,346) (60) 32 (32) — (636) 130 224 (162) (49) — (2,928) 14,720
Retirement benefit
liablities 2,940 — — — — — — — — — — — — — 2,940
Deferred taxation
liabilities 2,061 — — — 65 — (24) 12 (51) (283) 46 — — (235) 1,826
Insurance liabilities 8,647 — — — — — — — — — (2,055) — — (2,055) 6,592
Subordinated liabilities 20,366 — 511 5,820 — — — 782 — — — 47 — 7,160 27,526
Minority interests 3,492 — — (2,493) — — — — — — (48) — — (2,541) 951
Shareholders’ equity 33,905 — — (3,267) 164 — (58) 17 (119) (649) 29 — — (3,883) 30,022
Total liabilities
and equity 588,122 104,471 — — 215 117 (82) 713 3,769 (708) (88) (20) 1 108,388 696,510