RBS 2006 Annual Report Download - page 61
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RBS Group • Annual Report and Accounts 2006
60
Operating and financial review continued
Operating and financial review
Divisional performance
The profit before amortisation of purchased intangible assets, integration costs and net gain on sale of strategic investments and
subsidiaries and after allocation of Manufacturing costs where appropriate, of each division is detailed below, and is described as
‘operating profit’ in the divisional analyses that follow.
2006 2005
£m £m
Corporate Markets
Global Banking & Markets 3,790 3,041
UK Corporate Banking 1,762 1,572
Total Corporate Markets 5,552 4,613
Retail Markets
Retail 2,299 2,264
Wealth Management 354 272
Total Retail Markets 2,653 2,536
Ulster Bank 388 323
Citizens 1,582 1,575
RBS Insurance 750 728
Manufacturing ——
Central items (1,511) (1,524)
Profit before amortisation of purchased intangible assets, integration costs and net gain
on sale of strategic investments and subsidiaries 9,414 8,251
The performance of each of the divisions is reviewed on pages 61 to 74.