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RBS Group Annual Report and Accounts 2008260
Notes on the accounts continuedNotes on the accounts continued
38 Segmental analysis (continued)
Group
Operating
expenses
Net Non- and Depreciation
interest interest insurance and Impairment
income income Total claims amortisation losses Contribution
2008 £m £m £m £m £m £m £m
Global Markets
– Global Banking & Markets 3,490 (6,010) (2,520) (3,833) (519) (3,643) (10,515)
– Global Transaction Services 909 1,563 2,472 (585) (9) (60) 1,818
Regional Markets
– UK Retail & Commercial Banking 6,999 3,999 10,998 (2,942) (413) (1,964) 5,679
– US Retail & Commercial Banking 2,106 904 3,010 (942) (144) (1,041) 883
– Europe & Middle East Retail & Commercial Banking 1,087 431 1,518 (563) — (526) 429
– Asia Retail & Commercial Banking 379 402 781 (475) (8) (171) 127
RBS Insurance 647 4,919 5,566 (4,464) (40) (42) 1,020
Group Manufacturing (202) (11) (213) (3,867) (713) — (4,793)
Central Items 524 (902) (378) (371) 55 19 (675)
Share of shared assets (175) (18) (193) (62) (41) (4) (300)
15,764 5,277 21,041 (18,104) (1,832) (7,432) (6,327)
RFS Holdings minority interest 2,911 1,916 4,827 (3,303) (843) (640) 41
18,675 7,193 25,868 (21,407) (2,675) (8,072) (6,286)
Amortisation of intangibles ————(443) — (443)
Integration and restructuring costs ———(1,321) (36) — (1,357)
Goodwill and other intangibles write-downs ———(32,581) ——(32,581)
18,675 7,193 25,868 (55,309) (3,154) (8,072) (40,667)
2007
Global Markets
– Global Banking & Markets 808 6,011 6,819 (2,613) (486) (67) 3,653
– Global Transaction Services 595 1,183 1,778 (443) (6) (14) 1,315
Regional Markets
– UK Retail & Commercial Banking 6,602 4,504 11,106 (3,173) (340) (1,368) 6,225
– US Retail & Commercial Banking 1,935 846 2,781 (844) (118) (340) 1,479
– Europe & Middle East Retail & Commercial Banking 958 388 1,346 (453) (6) (118) 769
– Asia Retail & Commercial Banking 123 232 355 (235) (5) (24) 91
RBS Insurance 611 5,045 5,656 (4,706) (45) — 905
Group Manufacturing (192) (4) (196) (2,983) (594) — (3,773)
Central Items 69 (141) (72) (486) 8 (2) (552)
Share of shared assets 15 (54) (39) (37) —3(73)
11,524 18,010 29,534 (15,973) (1,592) (1,930) 10,039
RFS Holdings minority interest 545 287 832 (573) (58) (38) 163
12,069 18,297 30,366 (16,546) (1,650) (1,968) 10,202
Amortisation of intangibles ———(40) (222) — (262)
Integration costs ———(48) (60) — (108)
12,069 18,297 30,366 (16,634) (1,932) (1,968) 9,832
2006
Global Markets
– Global Banking & Markets 1,028 5,676 6,704 (2,343) (465) (85) 3,811
– Global Transaction Services 449 1,081 1,530 (334) (6) (4) 1,186
Regional Markets
– UK Retail & Commercial Banking 6,350 4,223 10,573 (3,011) (347) (1,497) 5,718
– US Retail & Commercial Banking 2,041 949 2,990 (910) (156) (180) 1,744
– Europe & Middle East Retail & Commercial Banking 824 320 1,144 (360) (5) (104) 675
– Asia Retail & Commercial Banking 52 159 211 (140) (5) 1 67
RBS Insurance 511 5,168 5,679 (4,669) (43) — 967
Group Manufacturing (189) 9 (180) (2,784) (559) — (3,523)
Central Items (470) (179) (649) (591) 18 (9) (1,231)
10,596 17,406 28,002 (15,142) (1,568) (1,878) 9,414
Amortisation of intangibles ————(94) — (94)
Integration costs ———(118) (16) — (134)
10,596 17,406 28,002 (15,260) (1,678) (1,878) 9,186