RBS 2010 Annual Report Download - page 117

Income statement for the year ended 31 December 2008
RFS Reallocation
minority of one-off
Pro forma interest items Statutory
£m £m £m £m
Net interest income 15,764 (282) — 15,482
Non-interest income (excluding insurance net premium income) (2,106) (29) 1,674 (461)
Insurance net premium income 5,709 — — 5,709
Non-interest income 3,603 (29) 1,674 5,248
Total income 19,367 (311) 1,674 20,730
Operating expenses (16,188) (166) (18,711) (35,065)
Profit/(loss) before other operating charges 3,179 (477) (17,037) (14,335)
Insurance net claims (3,917) — — (3,917)
Operating loss before impairment losses (738) (477) (17,037) (18,252)
Impairment losses (7,432) (7) — (7,439)
Operating loss before fair value of own debt (8,170) (484) (17,037) (25,691)
Fair value of own debt 1,232 — (1,232) —
Operating loss (6,938) (484) (18,269) (25,691)
Amortisation of purchased intangible assets (443) — 443 —
Integration and restructuring costs (1,357) — 1,357 —
Strategic disposals 442 — (442) —
Write-down of goodwill and other intangible assets (16,911) — 16,911 —
Loss before tax (25,207) (484) — (25,691)
Tax credit 1,995 172 — 2,167
Loss from continuing operations (23,212) (312) — (23,524)
Loss from discontinued operations, net of tax (86) (10,932) — (11,018)
Loss for the year (23,298) (11,244) — (34,542)
Non-controlling interests (412) 11,244 — 10,832
Preference share and other dividends (596) — — (596)
Loss attributable to ordinary shareholders (24,306) — — (24,306)
115RBS Group 2010
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