RBS 2008 Annual Report Download - page 265

RBS Group Annual Report and Accounts 2008264
Notes on the accounts continuedNotes on the accounts continued
38 Segmental analysis (continued)
Group
Rest of
UK USA Europe the World Total
2006 £m £m £m £m £m
Total revenue 29,162 9,411 4,683 1,030 44,286
Net interest income 7,541 2,278 709 68 10,596
Net fees and commissions 3,443 1,245 412 94 5,194
Income from trading activities 1,585 939 108 43 2,675
Other operating income 2,766 295 491 12 3,564
Insurance premium income (net of reinsurers’ share) 5,604 — 369 — 5,973
Total income 20,939 4,757 2,089 217 28,002
Operating profit before tax 6,038 2,334 785 29 9,186
Total assets 579,075 197,421 60,759 19,577 856,832
Total liabilities 557,605 183,430 56,662 13,645 811,342
Net assets attributable to equity owners and minority interests 21,470 13,991 4,097 5,932 45,490
Contingent liabilities and commitments 186,627 57,873 13,244 7,159 264,903
Cost to acquire property, plant and equipment and intangible assets 3,040 254 1,427 19 4,740
39 Directors’ and key management remuneration
Group
2008 2007
Directors’ remuneration £000 £000
Non-executive directors – emoluments 1,408 1,081
Chairman and executive directors – emoluments 7,132 16,461
– contributions and allowances in respect of defined
contribution pension schemes 3 30
8,543 17,572
– amounts receivable under long-term incentive plans 646 1,839
– gains on exercise of share options 77 1,474
9,266 20,885
Retirement benefits are accruing to one director (2007 – five) under defined benefit schemes. No directors (2007 – one) are accruing benefits under
defined contribution schemes.
The executive directors may also participate in the company’s executive share option and sharesave schemes and details of their interests in the
company’s shares arising from their participation are given on page 165. Details of the remuneration received by each director during the year and
each director’s pension arrangements are given on pages 164 to 168.
Compensation of key management
The aggregate remuneration of directors and other members of key management during the year was as follows:
Group
2008 2007
£000 £000
Short-term benefits 16,813 37,763
Post-employment benefits 13,174 10,051
Other long-term 496 708
Termination benefits 345 —
Share-based payments 2,078 5,165
32,906 53,687