RBS 2008 Annual Report Download - page 96

95RBS Group Annual Report and Accounts 2008
Balance sheet analysis (audited)
The following analysis is presented on a statutory basis.
The following table provides an analysis of the credit quality of financial assets by the Group’s internal credit quality steps.
Accruing Non- Impairment
AQ1 AQ2 AQ3 AQ4 AQ5 past due accrual provision Total
2008 £m £m £m £m £m £m £m £m £m
Cash and balance at central banks 12,400 ———————12,400
Loans and advances to banks (2) 131,963 872 1,247 282 943 — 129 (127) 135,309
Loans and advances to customers 310,950 141,849 187,899 150,705 59,191 15,667 19,350 (10,889) 874,722
Debt securities 259,207 1,461 1,485 3,755 1,626 — 52 (37) 267,549
Settlement balances 12,612 516 290 129 256 4,029 ——17,832
Derivatives 912,728 36,528 30,079 5,181 8,032 11 ——992,559
Other financial instruments 691 — 161 —————852
1,640,551 181,226 221,161 160,052 70,048 19,707 19,531 (11,053) 2,301,223
Commitments 209,359 55,109 48,554 23,458 25,244 ———361,724
Contingent liabilities 19,693 18,461 19,502 10,977 2,904 ———71,537
Total off-balance sheet 229,052 73,570 68,056 34,435 28,148 ———433,261
2007
Cash and balance at central banks 17,866 ———————17,866
Loans and advances to banks (2) 204,083 5,797 4,937 407 1,119 — 25 (3) 216,365
Loans and advances to customers 275,715 174,074 221,561 84,791 55,273 13,236 10,337 (6,449) 828,538
Debt securities 258,895 15,688 2,339 1,372 16,361 —5(4) 294,656
Settlement balances 14,491 98 344 21 68 1,567 ——16,589
Derivatives 240,114 23,333 11,299 2,352 304 ———277,402
Other financial instruments 669 ———143 65 ——877
1,011,833 218,990 240,480 88,943 73,268 14,868 10,367 (6,456) 1,652,293
Commitments 131,750 89,682 74,126 25,320 17,301 ———338,179
Contingent liabilities 26,120 16,314 11,740 4,032 3,714 ———61,920
Total off-balance sheet 157,870 105,996 85,866 29,352 21,015 ———400,099
Notes:
(1) Credit risk assets as reported internally to senior management exclude certain exposures and take account of netting agreements including master netting arrangements that provide a right of
legal set off but do not meet the criteria for offset in IFRS. The analysis of credit risk assets on page 91 uses the same risk bands as above and is a sub-set of the full analysis given above.
(2) Excluding items in the course of collection of £2,888 million (2007 – £3,095 million).
The following loans and advances to customers were past due at the balance sheet date but not considered impaired:
Past due
Past due Past due Past due 90 days
1-29 days 30-59 days 60-89 days or more Total
£m £m £m £m £m
2008 9,517 2,941 1,427 1,782 15,667
2007 8,768 2,745 1,354 369 13,236
These balances include loans and advances to customers that are past due through administrative and other delays in recording payments or in
finalising documentation and other events unrelated to credit quality.