RBS 2009 Annual Report Download - page 84

RBS Group Annual Report and Accounts 200982
Accruals in relation to integration costs are set out below.
At Currency Charge Utilised At
31 December translation to income during 31 December
2008 adjustments statement the year 2009
£m £m £m £m £m
Staff costs – redundancy —— 158 (158) —
Staff costs – other 5— 207 (212) —
Premises and equipment 1— 78 (39) 40
Other 3— 416 (418) 1
9— 859 (827) 41
Integration costs in 2009 were £859 million compared with £1,050 million in 2008. Integration and restructuring costs decreased primarily due to
restructuring activity resulting from the strategic review undertaken earlier in the year. This was more than offset by lower ABN AMRO integration
activity during the year.
Integration costs 2009 2008
£m £m
Staff costs 365 503
Premises and equipment 78 25
Other administrative expenses 398 486
Depreciation and amortisation 18 36
859 1,050
Accruals in relation to restructuring costs are set out below.
At Currency Charge Utilised At
31 December translation to income during 31 December
2008 adjustments statement the year 2009
£m £m £m £m £m
Staff costs – redundancy 284 (13) 299 (315) 255
Staff costs – other —— 29 (25) 4
Premises and equipment 15 — 48 (26) 37
Other 51 (4) 51 (63) 35
350 (17) 427 (429) 331
Restructuring costs 2009 2008
£m £m
Staff costs 328 251
Premises and equipment 48 15
Other administrative expenses 51 41
427 307
Business review continued