RBS 2009 Annual Report Download - page 79

77RBS Group Annual Report and Accounts 2009
Average balance sheet and related interest Pro forma 2009 Pro forma 2008
Average Average
balance Interest Rate balance Interest Rate
£m £m % £m £m %
Assets
Loans and advances to banks – UK 21,373 278 1.30 19,049 978 5.13
– Overseas 30,384 553 1.82 28,474 1,311 4.60
Loans and advances to customers – UK 333,408 11,864 3.56 321,177 19,085 5.94
– Overseas 242,065 9,493 3.92 275,000 16,030 5.83
Debt securities – UK 53,955 1,466 2.72 36,395 1,679 4.61
– Overseas 71,851 2,736 3.81 57,998 3,114 5.37
Total interest-earning assets – banking business (2, 3) 753,036 26,390 3.50 738,093 42,197 5.72
– trading business (4) 291,092 425,454
Total interest-earning assets 1,044,128 1,163,547
Non-interest-earning assets (2, 3) 815,468 660,628
Total assets 1,859,596 1,824,175
Percentage of assets applicable to overseas operations 42.0% 42.5%
Liabilities and owners’ equity
Deposits by banks – UK 24,837 675 2.72 45,123 1,507 3.34
– Overseas 106,353 2,177 2.05 109,705 4,630 4.22
Customer accounts: demand deposits – UK 109,756 559 0.51 99,840 2,794 2.80
– Overseas 38,287 408 1.07 36,108 672 1.86
Customer accounts: savings deposits – UK 54,048 772 1.43 42,870 1,691 3.94
– Overseas 26,976 473 1.75 23,753 570 2.40
Customer accounts: other time deposits – UK 67,728 807 1.19 95,181 3,964 4.16
– Overseas 58,168 1,618 2.78 88,570 3,426 3.87
Debt securities in issue – UK 130,002 3,162 2.43 114,234 5,281 4.62
– Overseas 96,075 1,654 1.72 106,207 4,734 4.46
Subordinated liabilities – UK 25,001 852 3.41 26,799 1,369 5.11
– Overseas 10,347 458 4.43 8,068 413 5.12
Internal funding of trading business – UK (60,284) (317) 0.53 (85,664) (3,445) 4.02
– Overseas (14,845) (191) 1.29 (18,090) (729) 4.03
Total interest-bearing liabilities – banking business (2, 3) 672,449 13,107 1.95 692,704 26,877 3.88
– trading business (4) 331,380 466,610
Total interest-bearing liabilities 1,003,829 1,159,314
Non-interest-bearing liabilities:
Demand deposits – UK 16,446 19,262
– Overseas 20,043 14,759
Other liabilities (3, 4) 761,975 572,296
Owners’ equity 57,303 58,544
Total liabilities and owners’ equity 1,859,596 1,824,175
Percentage of liabilities applicable to overseas operations 41.2% 43.1%
Notes:
(1) The analysis into UK and Overseas has been compiled on the basis of location of office.
(2) Interest-earning assets and interest-bearing liabilities exclude the Retail bancassurance assets and liabilities attributable to policyholders, in view of their distinct nature. As a result, net interest
income has been increased by £20 million (2008 – £84 million).
(3) Interest income has been increased by £46 million (2008 – £332 million) and interest expense by £350 million (2008 – £860 million) to record interest on financial assets and liabilities designated
as at fair value through profit or loss. Related interest-earning assets and interest-bearing liabilities have also been adjusted.
(4) Interest receivable and interest payable on trading assets and liabilities are included in income from trading activities.
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