RBS 2009 Annual Report Download - page 310

RBS Group Annual Report and Accounts 2009308
Notes on the accounts continued
21 Settlement balances and short positions Group
2009 2008 2007
£m £m £m
Settlement balances (amortised cost) 10,413 11,741 17,520
Short positions (held-for-trading):
Debt securities – Government 26,647 32,519 41,048
– Other issuers 10,871 6,374 25,310
Equity shares 2,945 3,643 7,143
50,876 54,277 91,021
22 Accruals, deferred income and other liabilities Group Company
2009 2008 2007 2009 2008 2007
£m £m £m £m £m £m
Notes in circulation 1,889 1,619 1,545 — — —
Current taxation 429 585 1,630 169 — —
Accruals 7,429 7,531 8,377 3 3 —
Deferred income 5,818 7,640 6,289 3 4 —
Other liabilities (1) 14,762 14,107 16,367 1,182 40 8
30,327 31,482 34,208 1,357 47 8
Note:
(1) Other liabilities include £5 million (2008 – £1 million; 2007 – £9 million) in respect of share-based compensation.
Included in other liabilities are provisions for liabilities and charges as follows:
Group £m
At 1 January 2009 222
Currency translation and other movements 78
Disposal of subsidiaries (4)
Charge to income statement 482
Releases to income statement (57)
Provisions utilised (159)
At 31 December 2009 562
Note:
(1) Comprises property provisions and other provisions arising in the normal course of business.