RBS 2007 Annual Report Download - page 225

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RBS Group • Annual Report and Accounts 2007
Additional information
Amounts in accordance with UK GAAP
2004 2003
Summary consolidated profit and loss account – UK GAAP £m £m
Net interest income 9,208 8,301
Non-interest income 13,546 10,980
Total income 22,754 19,281
Operating expenses excluding goodwill amortisation (1) 9,931 8,753
Goodwill amortisation 915 763
General insurance claims (net) 3,480 2,195
Profit before provisions 8,428 7,570
Provisions for bad and doubtful debts 1,428 1,461
Amounts written off fixed asset investments 83 33
Profit on ordinary activities before tax 6,917 6,076
Tax on profit on ordinary activities 2,155 1,888
Profit on ordinary activities after tax 4,762 4,188
Minority interests (including non-equity) 250 210
Preference dividends – non-equity 256 261
4,256 3,717
Additional Value Shares dividend – non-equity — 1,463
Profit attributable to ordinary shareholders 4,256 2,254
Note:
(1) Includes integration expenditure of £269 million in 2004 (2003 – £229 million).
2004 2003
Summary consolidated balance sheet – UK GAAP £m £m
Loans and advances to banks (net of provisions) 58,260 51,891
Loans and advances to customers (net of provisions) 345,469 252,531
Debt securities and equity shares 94,171 82,249
Intangible fixed assets 17,576 13,131
Other assets 67,991 54,626
Total assets 583,467 454,428
Called up share capital 822 769
Share premium account 12,964 8,175
Other reserves 10,856 11,307
Profit and loss account 7,223 5,847
Shareholders’ funds 31,865 26,098
Minority interests 3,829 2,713
Subordinated liabilities 20,366 16,998
Total capital resources 56,060 45,809
Deposits by banks 99,081 67,323
Customer accounts 285,062 236,963
Debt securities in issue 58,960 41,016
Other liabilities 84,304 63,317
Total liabilities 583,467 454,428