RBS 2009 Annual Report Download - page 245

Financial statements
243RBS Group Annual Report and Accounts 2009
Balance sheets
at 31 December 2009
Group Company
2009 2008 2007 2009 2008 2007
Note £m £m £m £m £m £m
Assets
Cash and balances at central banks 11 52,261 12,400 17,866 ———
Loans and advances to banks 11 91,753 138,197 219,460 31,238 27,031 7,686
Loans and advances to customers 11 728,393 874,722 828,538 2,777 — 307
Debt securities subject to repurchase agreements 30 66,883 80,576 107,651 ———
Other debt securities 200,371 186,973 187,005 1,286 ——
Debt securities 14 267,254 267,549 294,656 1,286 ——
Equity shares 15 19,528 26,330 53,026 ———
Investments in Group undertakings 16 ———64,766 42,196 43,542
Settlement balances 12,033 17,832 16,589 11 ——
Derivatives 13 441,454 992,559 277,402 1,169 1,168 173
Intangible assets 17 17,847 20,049 49,916 ———
Property, plant and equipment 18 19,397 18,949 18,745 ———
Deferred taxation 23 7,039 7,082 3,119 23—
Prepayments, accrued income and other assets 19 20,985 24,402 15,662 43 489 127
Assets of disposal groups 20 18,542 1,581 45,850 — — —
Total assets 1,696,486 2,401,652 1,840,829 101,292 70,887 51,835
Liabilities
Deposits by banks 11 142,144 258,044 312,294 93 1,802 5,572
Customer accounts 11 614,202 639,512 682,363 13,264 26 —
Debt securities in issue 11 267,568 300,289 274,172 11,788 14,179 13,453
Settlement balances and short positions 21 50,876 54,277 91,021 ———
Derivatives 13 424,141 971,364 272,052 446 361 179
Accruals, deferred income and other liabilities 22 30,327 31,482 34,208 1,357 47 8
Retirement benefit liabilities 42,963 2,032 460 ———
Deferred taxation 23 2,811 4,165 5,400 ——3
Insurance liabilities 24 10,281 9,976 10,162 ———
Subordinated liabilities 25 37,652 49,154 38,043 8,762 10,314 7,743
Liabilities of disposal groups 20 18,890 859 29,228 ———
Total liabilities 1,601,855 2,321,154 1,749,403 35,710 26,729 26,958
Minority interests 26 16,895 21,619 38,388 ———
Equity owners 27, 28 77,736 58,879 53,038 65,582 44,158 24,877
Total equity 94,631 80,498 91,426 65,582 44,158 24,877
Total liabilities and equity 1,696,486 2,401,652 1,840,829 101,292 70,887 51,835
The accompanying notes on pages 259 to 348, the accounting policies on pages 248 to 258 and the audited sections of the Business review: Risk,
capital and liquidity management on pages 117 to 206 form an integral part of these financial statements.
The accounts were approved by the Board of directors and authorised for issue on 24 February 2010 and signed on its behalf by:
Philip Hampton Stephen Hester Bruce Van Saun
Chairman Group Chief Executive Group Finance Director
The Royal Bank of Scotland Group plc
Registered No. SC45551