RBS 2007 Annual Report Download - page 168

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20 Settlement balances and short positions
Group
2007 2006
£m £m
Settlement balances (amortised cost) 17,520 5,667
Short positions (held-for-trading):
Debt securities – Government 40,376 36,901
– Other issuers 25,310 5,843
Treasury and other eligible bills 672 654
Equity shares 7,143 411
91,021 49,476
21 Accruals, deferred income and other liabilities
Group Company
2007 2006 2007 2006
£m £m £m £m
Notes in circulation 1,545 1,453
Current taxation 1,630 789
Accruals 8,193 4,412
Deferred income 6,289 3,377
Other liabilities (1) 16,367 5,629 815
34,024 15,660 815
Note:
(1) Other liabilities include £9 million (2006 – £10 million) in respect of share-based compensation.
Included in other liabilities are provisions for liabilities and charges as follows:
Group
£m
At 1 January 2007 200
Currency translation and other movements (5)
Acquisition of subsidiaries 39
Charge to income statement 184
Releases to income statement (39)
Provisions utilised (211)
At 31 December 2007 168
Note:
(1) Comprises property provisions and other provisions arising in the normal course of business.
RBS Group • Annual Report and Accounts 2007
166
Notes on the accounts continued
Financial statements