RBS 2008 Annual Report Download - page 176

Balance sheets at 31 December 2008
175RBS Group Annual Report and Accounts 2008
Group Company
Restated
2008 2007 2008 2007
Note £m £m £m £m
Assets
Cash and balances at central banks 11 12,400 17,866 ——
Loans and advances to banks 11 138,197 219,460 27,031 7,686
Loans and advances to customers 11 874,722 828,538 —307
Debt securities subject to repurchase agreements 30 80,576 107,651 ——
Other debt securities 186,973 187,005 ——
Debt securities 14 267,549 294,656 ——
Equity shares 15 26,330 53,026 ——
Investments in Group undertakings 16 ——42,196 43,542
Settlement balances 17,832 16,589 ——
Derivatives 13 992,559 277,402 1,168 173
Intangible assets 17 20,049 49,916 ——
Property, plant and equipment 18 18,949 18,745 ——
Deferred taxation 23 7,082 3,119 3—
Prepayments, accrued income and other assets 19 24,402 15,662 489 127
Assets of disposal groups 20 1,581 45,850 ——
Total assets 2,401,652 1,840,829 70,887 51,835
Liabilities
Deposits by banks 11 258,044 312,294 1,802 5,572
Customer accounts 11 639,512 682,363 26 —
Debt securities in issue 11 300,289 274,172 14,179 13,453
Settlement balances and short positions 21 54,277 91,021 ——
Derivatives 13 971,364 272,052 361 179
Accruals, deferred income and other liabilities 22 31,482 34,208 47 8
Retirement benefit liabilities 42,032 460 ——
Deferred taxation 23 4,165 5,400 —3
Insurance liabilities 24 9,976 10,162 ——
Subordinated liabilities 25 49,154 38,043 10,314 7,743
Liabilities of disposal groups 20 859 29,228 ——
Total liabilities 2,321,154 1,749,403 26,729 26,958
Minority interests 26 21,619 38,388 ——
Equity owners 27, 28 58,879 53,038 44,158 24,877
Total equity 80,498 91,426 44,158 24,877
Total liabilities and equity 2,401,652 1,840,829 70,887 51,835
The accompanying notes on pages 189 to 266, the accounting policies on pages 178 to 188 and the audited sections of ‘The Business Review: Risk,
Capital and Liquidity Management’ on pages 78 to 144 form an integral part of these financial statements.
The accounts were approved by the Board of directors on 25 February 2009 and signed on its behalf by:
Philip Hampton Stephen Hester Guy Whittaker
Chairman Group Chief Executive Group Finance Director