RBS 2010 Annual Report Download - page 272

Group Company
Note
2010
£m
2009
£m
2008
£m
2010
£m
2009
£m
2008
£m
Assets
Cash and balances at central banks 11 57,014 52,261 12,400 — — —
Loans and advances to banks 11 100,518 91,753 138,197 19,535 31,238 27,031
Loans and advances to customers 11 555,260 728,393 874,722 6,689 2,777 —
Debt securities subject to repurchase agreements 32 80,104 66,883 80,576 — — —
Other debt securities 137,376 200,371 186,973 1,454 1,286 —
Debt securities 16 217,480 267,254 267,549 1,454 1,286 —
Equity shares 17 22,198 19,528 26,330 — — —
Investments in Group undertakings 18 —— — 49,125 64,766 42,196
Settlement balances 11,605 12,033 17,832 — 11 —
Derivatives 15 427,077 441,454 992,559 1,475 1,169 1,168
Intangible assets 19 14,448 17,847 20,049 — — —
Property, plant and equipment 20 16,543 19,397 18,949 — — —
Deferred tax 25 6,373 7,039 7,082 2 2 3
Prepayments, accrued income and other assets 21 12,576 20,985 24,402 28 43 489
Assets of disposal groups 22 12,484 18,542 1,581 — — —
Total assets 1,453,576 1,696,486 2,401,652 78,308 101,292 70,887
Liabilities
Deposits by banks 11 98,790 142,144 258,044 — 93 1,802
Customer accounts 11 510,693 614,202 639,512 1,029 13,264 26
Debt securities in issue 11 218,372 267,568 300,289 8,742 11,788 14,179
Settlement balances 10,991 10,413 11,741 — — —
Short positions 23 43,118 40,463 42,536 — — —
Derivatives 15 423,967 424,141 971,364 231 446 361
Accruals, deferred income and other liabilities 24 23,089 30,327 31,482 1,034 1,357 47
Retirement benefit liabilities 42,288 2,963 2,032 — — —
Deferred tax 25 2,142 2,811 4,165 — — —
Insurance liabilities 26 6,794 10,281 9,976 — — —
Subordinated liabilities 27 27,053 37,652 49,154 8,048 8,762 10,314
Liabilities of disposal groups 22 9,428 18,890 859 — — —
Total liabilities 1,376,725 1,601,855 2,321,154 19,084 35,710 26,729
Non-controlling interests 28 1,719 16,895 21,619 — — —
Owners’ equity 29,30 75,132 77,736 58,879 59,224 65,582 44,158
Total equity 76,851 94,631 80,498 59,224 65,582 44,158
Total liabilities and equity 1,453,576 1,696,486 2,401,652 78,308 101,292 70,887
The accompanying notes on pages 287 to 385, the accounting policies on pages 275 to 286 and the audited sections of the Business review: Risk and
balance sheet management on pages 119 to 224 form an integral part of these financial statements.
The accounts were approved by the Board of directors on 23 February 2011 and signed on its behalf by:
Philip Hampton
Chairman
Stephen Hester
Group Chief Executive
Bruce Van Saun
Group Finance Director
The Royal Bank of Scotland Group plc
Registered No. SC45551
RBS Group 2010270
Balance sheets
as at 31 December 2010