RBS 2008 Annual Report Download - page 236

235RBS Group Annual Report and Accounts 2008
25 Subordinated liabilities
Group Company
2008 2007 2008 2007
£m £m £m £m
Dated loan capital 30,162 23,065 7,421 5,585
Undated loan capital 11,697 9,866 1,071 781
Preference shares 2,194 1,686 1,822 1,377
Trust preferred securities 5,101 3,426 ——
49,154 38,043 10,314 7,743
Certain preference shares issued by the company are classified as liabilities; these securities remain subject to the capital maintenance rules of the
Companies Act 1985.
The following tables analyse the remaining maturity of subordinated liabilities by (1) the final redemption date; and (2) the next callable date.
Group
2009 2010 2011-2013 2014-2018 Thereafter Perpetual Total
2008 – final redemption £m £m £m £m £m £m £m
Sterling 192 15 176 1,458 370 6,287 8,498
US dollars 1,308 342 1,123 7,435 561 7,655 18,424
Euro 1,865 1,378 1,991 7,923 1,957 4,087 19,201
Other 29 —72,284 34 677 3,031
Total 3,394 1,735 3,297 19,100 2,922 18,706 49,154
Group
Currently 2009 2010 2011-2013 2014-2018 Thereafter Perpetual Total
2008 – call date £m £m £m £m £m £m £m £m
Sterling — 192 752 1,039 2,729 3,615 171 8,498
US dollars 1,833 3,247 2,601 4,814 1,951 2,053 1,925 18,424
Euro — 2,351 3,137 5,699 7,021 942 51 19,201
Other — 500 405 922 954 250 — 3,031
Total 1,833 6,290 6,895 12,474 12,655 6,860 2,147 49,154
Group
2008 2009 2010-2012 2013-2017 Thereafter Perpetual Total
2007 – final redemption £m £m £m £m £m £m £m
Sterling 194 — 34 1,405 389 5,818 7,840
US dollars 903 1,540 620 5,477 743 3,985 13,268
Euro 764 1,312 1,405 5,711 1,674 3,164 14,030
Other 35 —62,076 325 463 2,905
Total 1,896 2,852 2,065 14,669 3,131 13,430 38,043
Group
Currently 2008 2009 2010-2012 2013-2017 Thereafter Perpetual Total
2007 – call date £m £m £m £m £m £m £m £m
Sterling — 194 — 1,497 2,456 3,527 166 7,840
US dollars 1,347 1,492 2,585 4,485 1,678 1,681 — 13,268
Euro — 1,612 1,685 4,992 5,091 611 39 14,030
Other — 35 431 843 1,468 128 — 2,905
Total 1,347 3,333 4,701 11,817 10,693 5,947 205 38,043