RBS 2008 Annual Report Download - page 48

47RBS Group Annual Report and Accounts 2008
Accruals in relation to integration costs are set out below.
At Currency Charge Utilised At
31 December translation to income during 31 December
2007 adjustments statement the year 2008
£m £m £m £m £m
Staff costs 4—503 (502) 5
Premises and equipment 2—25 (26) 1
Other 11522 (521) 3
711,050 (1,049) 9
Integration costs in 2008 were £1,050 million compared with £108 million in 2007. The significant increase reflects a full year of integration costs
being incurred in respect of the ABN AMRO acquisition, compared to 76 days in 2007.
Integration costs
2008 2007
£m £m
Staff costs 503 18
Premises and equipment 25 4
Other administrative expenses 486 26
Depreciation and amortisation 36 60
1,050 108
Accruals in relation to restructuring costs are set out below.
At Currency Charge Utilised At
31 December translation to income during 31 December
2007 adjustments statement the year 2008
£m £m £m £m £m
Staff costs — 33 251 — 284
Premises and equipment ——15 — 15
Other — 10 41 — 51
— 43 307 — 350
Restructuring costs
2008 2007
£m £m
Staff costs 251 —
Premises and equipment 15 —
Other administrative expenses 41 —
307 —