RBS 2008 Annual Report Download - page 172

171RBS Group Annual Report and Accounts 2008
Financial statements
172 Independent auditors’ report
174 Consolidated income statement
175 Balance sheets
176 Statements of recognised income and expense
177 Cash flow statements
178 Accounting policies
189 Notes on the accounts
1 Net interest income 189
2 Non-interest income 189
(excluding insurance premium income)
3 Operating expenses 190
4 Pension costs 192
5 Auditors’ remuneration 194
6 Tax 194
7 Profit attributable to other owners 195
8 Ordinary dividends 195
9 Profit dealt with in the accounts of the company 195
10 Earnings per ordinary share 196
11 Financial instruments 196
12 Past due and impaired financial assets 212
13 Derivatives 214
14 Debt securities 216
15 Equity shares 218
16 Investments in Group undertakings 219
17 Intangible assets 220
18 Property, plant and equipment 223
19 Prepayments, accrued income and other assets 224
20 Discontinued operations and assets and 225
liabilities of disposal groups
21 Settlement balances and short positions 226
22 Accruals, deferred income and other liabilities 226
23 Deferred taxation 227
24 Insurance business 228
25 Subordinated liabilities 235
26 Minority interests 241
27 Share capital 242
28 Owners’ equity 245
29 Leases 247
30 Collateral and securitisations 248
31 Capital resources 250
32 Memorandum items 251
33 Net cash (outflow)/inflow from operating activities 255
34 Analysis of the net investment in business 256
interests and intangible assets
35 Interest received and paid 257
36 Analysis of changes in financing during the year 258
37 Analysis of cash and cash equivalents 258
38 Segmental analysis 259
39 Directors’ and key management remuneration 264
40 Transactions with directors, officers and others 265
41 Related parties 265
42 Post balance sheet events 266