RBS 2005 Annual Report Download - page 248

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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 under UK GAAP.
UK GAAP
2004 2003 2002 2001
£m £m £m £m
Loans and advances to customers (gross) 349,691 256,453 227,244 194,137
Provisions at end of year:
Specific provisions – customers 3,648 3,356 3,323 3,031
Specific provisions – banks 6778
General provision 574 566 597 614
4,228 3,929 3,927 3,653
Customer provision at end of year as % of loans and
advances to customers at end of year:
Specific provisions 1.04% 1.31% 1.46% 1.56%
General provision 0.17% 0.22% 0.26% 0.32%
1.21% 1.53% 1.72% 1.88%
Average loans and advances to customers (gross) 298,150 245,798 211,206 181,584
As a % of average loans and advances to customers during the year:
Total customer provisions charged to profit and loss 0.48% 0.59% 0.61% 0.54%
Amounts written-off (net of recoveries) – customers 0.44% 0.59% 0.46% 0.42%
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.
UK GAAP
2004 2003 2002 2001
% of loans % of loans % of loans % of loans
Closing to total Closing to total Closing to total Closing to total
provision loans provision loans provision loans provision loans
£m % £m % £m % £m %
Domestic
Central and local government — 0.5 — 0.5 — 0.6 — 0.4
Manufacturing 127 1.8 156 2.5 205 3.2 209 3.8
Construction 71 1.4 56 1.5 65 1.5 72 1.6
Finance 54 7.2 34 7.4 71 5.5 73 4.4
Service industries and business activities 516 8.8 599 11.4 699 11.5 627 12.9
Agriculture, forestry and fishing 23 0.7 20 1.0 29 1.1 31 1.2
Property 64 7.6 58 7.7 40 7.0 39 6.3
Individuals – home mortgages 32 16.5 35 18.8 60 18.5 53 19.1
Individuals – other 1,318 8.0 1,003 9.9 855 9.8 855 10.3
Finance leases and instalment credit 122 3.7 136 4.6 208 5.2 164 5.8
Total domestic 2,327 56.2 2,097 65.3 2,232 63.9 2,123 65.8
Foreign 1,321 43.8 1,259 34.7 1,091 36.1 908 34.2
Specific provisions 3,648 100.0 3,356 100.0 3,323 100.0 3,031 100.0
General provision 574 566 597 614
Total provisions 4,222 3,922 3,920 3,645