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151
RBS Group • Annual Report and Accounts 2007
Financial statements
Industry risk – geographical analysis
The following table analyses financial assets by location of office and by industry type.
Group
Loans and Treasury bills,
advances to banks debt securities Netting and
and customers and equity shares Derivatives Other(1) Total offset(2)
2007 £m £m £m £m £m £m
UK
Central and local government 4,728 30,285 3,912 38,925 1,531
Manufacturing 21,083 2,751 4,800 — 28,634 4,032
Construction 12,363 456 741 — 13,560 1,684
Finance 295,366 106,201 299,867 12,716 714,150 246,428
Service industries and business activities 74,399 16,801 4,411 95,611 6,687
Agriculture, forestry and fishing 2,570 66 58 2,694 104
Property 63,715 640 969 7 65,331 2,033
Individuals
Home mortgages 73,916 1,795 5 75,716
Other 28,747 1,140 15 23 29,925 7
Finance leases and instalment credit 15,632 131 27 15,790 5
Interest accruals 3,512 1,607 5,119
Total UK 596,031 161,873 314,805 12,746 1,085,455 262,511
US
Central and local government 386 23,506 10 212 24,114
Manufacturing 7,399 608 111 — 8,118 13
Construction 793 96 — 889
Finance 69,867 39,049 9,354 3,095 121,365 23,026
Service industries and business activities 16,474 2,190 233 1 18,898 18
Agriculture, forestry and fishing 20 4 24
Property 6,456 4,089 — 10,545
Individuals
Home mortgages 27,882———27,882 —
Other 10,879———10,879 —
Finance leases and instalment credit 2,228———2,228 —
Interest accruals 1,421 379 1,800 2
Total US 143,805 69,921 9,708 3,308 226,742 23,059
Europe
Central and local government 2,371 30,593 132 33,096 9
Manufacturing 15,159 13 361 — 15,533 214
Construction 4,779 — 13 — 4,792
Finance 40,498 42,418 6,285 157 89,358 84,200
Service industries and business activities 46,500 540 481 47,521 24,648
Agriculture, forestry and fishing 4,650 2 42 4,694
Property 15,768 67 8 — 15,843
Individuals
Home mortgages 81,557 18 81,575
Other 16,292 3,292 — 19,584
Finance leases and instalment credit 1,620———1,620 —
Interest accruals 2,872 1,101 3,973
Total Europe 232,066 78,044 7,322 157 317,589 109,071
Rest of the World
Central and local government 2,592 18,821 94 21,507
Manufacturing 8,078 46 738 — 8,862
Construction 825 79 3 — 907 1
Finance 37,502 16,919 3,797 1,210 59,428 6,059
Service industries and business activities 14,449 1,825 661 16,935 103
Agriculture, forestry and fishing 1,941———1,941 —
Property 2,898 217 28 — 3,143
Individuals
Home mortgages 1,740———1,740 —
Other 12,261———12,261 3
Finance leases and instalment credit 18 254 45 317
Interest accruals 945 11 956
Total Rest of the World 83,249 37,918 5,575 1,255 127,997 6,166