RBS 2010 Annual Report Download - page 191

Movement in loan impairment provisions
The movement in provisions balance by division is shown in the table below.
UK
Retail
UK
Corporate Wealth GTS (1)
Ulster
Bank
US
R&C (2)
Total
R&C (2) GBM (3)
Total
Core Non-Core RFS MI Group
2010 £m £m £m £m £m £m £m £m £m £m £m £m
At 1 January 2,677 1,271 55 189 962 478 5,632 1,289 6,921 8,252 2,110 17,283
Intra-group transfers — — — — (351) — (351) (217) (568) 568 — —
Transfer to disposal
groups —————— — — — (72) — (72)
Currency translation
and other adjustments —71 4 (2) (22) 19 70 (86) (16) 59 — 43
Disposal of subsidiaries —————— — — — (20) (2,152) (2,172)
Amounts written-off (1,135) (349) (9) (49) (48) (547) (2,137) (87) (2,224) (3,818) — (6,042)
Recoveries of amounts
previously written-off 128 8 — 1 1 72 210 3 213 198 — 411
Charged to the income
statement
-continuing operations 1,160 761 18 8 1,161 483 3,591 146 3,737 5,407 — 9,144
- discontinued operations — — — — — — — — — — 42 42
Unwind of discount (89) (30) (2) — (70) — (191) (6) (197) (258) — (455)
At 31 December 2,741 1,732 66 147 1,633 505 6,824 1,042 7,866 10,316 — 18,182
Individually assessed
-banks — — 2 7 — — 9 117 126 1 — 127
- customers —546 57 111 502 56 1,272 676 1,948 8,161 — 10,109
Collectively assessed 2,526 689 — 14 733 177 4,139 — 4,139 1,157 — 5,296
Latent 215 497 7 15 398 272 1,404 249 1,653 997 — 2,650
2,741 1,732 66 147 1,633 505 6,824 1,042 7,866 10,316 — 18,182
2009
At 1 January 2,086 696 34 43 491 298 3,648 621 4,269 5,182 1,565 11,016
Transfer to disposal
groups ——————
—
(16) (16) (305) (3) (324)
Currency translation
and other adjustments 67 5 1 128 (109) (34) 58 365 423 (851) (102) (530)
Disposal of subsidiaries — — — — — — — (62) (62) (3) — (65)
Amounts written-off (1,150) (352) (12) (23) (34) (546) (2,117) (169) (2,286) (4,192) (461) (6,939)
Recoveries of
amounts previously
written-off 97 20 — 2 1 58 178 11 189 136 74 399
Charged to the income
statement
-continuing operations 1,679 923 33 39 649 702 4,025 542 4,567 8,523 — 13,090
- discontinued operations — — — — — — — — — — 1,044 1,044
Unwind of discount (102) (21) (1) — (36) — (160) (3) (163) (238) (7) (408)
At 31 December 2,677 1,271 55 189 962 478 5,632 1,289 6,921 8,252 2,110 17,283
Individually assessed
-banks — — 2 8 — — 10 125 135 22 — 157
- customers —205 44 156 280 14 699 573 1,272 6,229 1,295 8,796
Collectively assessed 2,475 475 — 17 412 130 3,509 — 3,509 1,266 479 5,254
Latent 202 591 9 8 270 334 1,414 591 2,005 735 336 3,076
2,677 1,271 55 189 962 478 5,632 1,289 6,921 8,252 2,110 17,283
Notes:
(1) Global Transaction Services.
(2) Retail & Commercial.
(3) Global Banking & Markets.
189RBS Group 2010
Business review
Risk and balance sheet management