RBS 2009 Annual Report Download - page 105

103RBS Group Annual Report and Accounts 2009
Business review
Non-Core 2009 2008
£m £m
Net interest income from banking activities 1,534 2,156
Net fees and commissions receivable 510 912
Loss from trading activities (5,161) (7,739)
Insurance net premium income 784 986
Other operating income 32 653
Non-interest income (3,835) (5,188)
Total income (2,301) (3,032)
Direct expenses
– staff (851) (988)
– other (1,044) (1,156)
Indirect expenses (552) (539)
(2,447) (2,683)
Operating loss before other operating charges and impairment losses (4,748) (5,715)
Insurance net claims (588) (700)
Impairment losses (9,221) (4,936)
Operating loss (14,557) (11,351)
Analysis of income
Banking & Portfolio (1,338) 2,324
International Businesses & Portfolios 2,262 2,980
Markets (3,225) (8,336)
(2,301) (3,032)
Performance ratios
Net interest margin 0.69% 0.87%
Cost:income ratio (106.3%) (88.5%)
£bn £bn
Capital and balance sheet (1)
Total third party assets (including derivatives (2))220.9 342.9
Loans and advances to customers – gross 149.5 191.4
Customer deposits 12.6 27.4
Risk elements in lending 22.9 11.1
Loan:deposit ratio 1,121% 683%
Risk-weighted assets (3) 171.3 170.9
Notes:
(1) Includes disposal groups.
(2) Derivatives were £19.9 billion at 31 December 2009 (30 September 2009 – £30.9 billion; 31 December 2008 – £85.0 billion).
(3) Includes Sempra: 31 December 2009 Third Party Assets (TPAs) £14.2 billion, RWAs £10.2 billion (31 December 2008 TPAs £17.8 billion, RWAs £10.6 billion).