RBS 2006 Annual Report Download - page 163
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RBS Group • Annual Report and Accounts 2006
162
Notes on the accounts continued
Financial statements
20 Prepayments, accrued income and other assets Group Company
2006 2005 2006 2005
£m £m £m £m
Prepayments 946 1,274 ——
Accrued income 668 857 ——
Deferred expenses 367 372 ——
Other assets 6,155 6,295 3147
8,136 8,798 3147
21 Deposits by banks Group Company
2006 2005 2006 2005
£m £m £m £m
Held-for-trading 57,452 32,067 ——
Amortised cost 74,691 78,340 738 951
132,143 110,407 738 951
Amounts above include:
Repurchase agreements 76,376 47,905 ——
Items in the course of transmission to other banks 799 722
Due to subsidiaries 738 944
22 Customer accounts Group Company
2006 2005 2006 2005
£m £m £m £m
Held-for-trading 46,797 34,645 ——
Designated as at fair value through profit or loss (1) 3,922 3,683 ——
Amortised cost 333,503 304,539 —55
384,222 342,867 —55
Amounts above include:
Repurchase agreements 63,984 48,754 ——
Due to subsidiaries — 55
Note:
(1) The amounts include investment contracts with a carrying value of £2,246 million (2005 – £2,296 million). The carrying amount of other customer accounts designated
as at fair value through profit or loss is £140 million (2005 – £114 million) greater than the principal amount. No amounts have been recognised in profit or loss for changes in
credit risk associated with these liabilities as the changes are immaterial measured as the change in fair value from movements in the period in the credit risk premium payable
by the Group.
23 Debt securities in issue Group Company
2006 2005 2006 2005
£m £m £m £m
Held-for-trading 2,141 1,469 ——
Designated as at fair value through profit or loss (1) 10,499 11,068 ——
Amortised cost 73,323 77,883 2,139 2,942
85,963 90,420 2,139 2,942
Amounts above include:
Bonds and medium term notes 43,408 26,339 2,130 2,942
Certificates of deposit and other commercial paper 42,555 64,081 9—
Note:
(1) No amounts have been recognised in profit or loss for changes in credit risk associated with these liabilities as the changes are immaterial measured as the change in fair value
from movements in the period in the credit risk premium payable by the Group. The carrying amount is £383 million (2005 – £365 million) lower than the principal amount.