RBS 2009 Annual Report Download - page 278

Notes on the accounts continued
RBS Group Annual Report and Accounts 2009276
11 Financial instruments continued
The following table is for reclassifications in 2009. The balance sheet values of these assets, the effect of the reclassification on the income statement
for the period from the date of reclassification to 31 December 2009 and the gains and losses relating to these assets recorded in the income
statement for the years ended 31 December 2009, 2008 and 2007 were as follows:
2009 2008 2007
After reclassification Gains/(losses)
2009 – on reclassification 31 December 2009 Gains/(losses) Reduction in recognised in
up to the Amount profit or loss the income
Effective Expected date of that would as result of statement
Carrying interest cash Carrying Fair reclassi- Impairment have been reclassi- in prior
value rate flows value value fication Income losses recognised fication periods
£m %£m£m£m£m£m£m£m£m£m £m
Reclassified from HFT to LAR:
Loans
Leveraged finance 510 13.37 1,075 — — — (70) (71) (141) — (76) —
Corporate and other loans 1,230 2.85 1,565 887 924 (103) 26 (180) (115) 39 14 25
1,740 2,640 887 924 (103) (44) (251) (256) 39 (62) 25
Debt securities
RMBS 86 3.30 94 78 74 (2) 2 — (3) (5) (3) —
CMBS 64 2.17 67 41 36 (3) (6) — (10) (4) (14) —
Other ABS 39 2.51 417711——(1)(10) —
Other 66 13.19 147 64 71 (29) 3 — 11 8 (12) —
255 349 190 188 (33) — — (2) (2) (39) —
Total 1,995 2,989 1,077 1,112 (136) (44) (251) (258) 37 (101) 25